Kaga Electronics announced on the 13th that it has revised upward its consolidated earnings forecast for the fiscal year ending March 2027. The net profit forecast was raised from the previous 20 billion yen to 22 billion yen, down 29.3 percent from the prior year. In the first quarter, group results exceeded expectations, driven mainly by the electronic components business, including increased sales and higher prices for memory and device products. The annual dividend forecast remains unchanged at 140 yen. Regarding Shinko Shoji, which was included as a consolidated subsidiary from August 10 following the completion of a tender offer, the company said the process took longer than expected and that a detailed review of its earnings outlook has not yet been completed, so the impact has not been incorporated into the current full-year forecast.
Kaga Electronics Co., Ltd.Raised fiscal 2027 net profit forecast to 22 billion yen, driven by strong electronic components sales and higher memory/device prices.
Shinko Shoji Co., Ltd.Consolidated subsidiary from August 10 after tender offer; earnings impact not yet incorporated into forecast, review incomplete.
