Raises full-year net profit forecast and increases dividend to record high, beating analyst estimates.
Mabuchi Motor on the 14th revised upward its consolidated net profit forecast for the December 2026 fiscal year to 22.2 billion yen from the previous 21.5 billion yen. Booking foreign exchange gains from the weaker yen contributed. The annual dividend forecast was raised from 56 yen to a record high of 70 yen, and the dividend calculation basis was raised from DOE 3 to 4 percent to 3 to 5 percent. The forecast of a 15.5 percent year-on-year profit decline is unchanged, as increases in selling, general and administrative expenses accompanying M&A such as the acquisition of a food machinery manufacturer as a subsidiary, and higher investment costs to strengthen research and development, human resources, and IT infrastructure weigh on profit. The average forecast of nine analysts compiled by IBES was 20.4 billion yen. Net profit for the January to June 2026 period rose 41.9 percent year on year to 12.693 billion yen, with foreign exchange gains from the weaker yen lifting interim results by 19.8 percent compared with the previous forecast.
Raises full-year net profit forecast and increases dividend to record high, beating analyst estimates.