Tokyo Electron Device Ltd. (2760) on Oct. 28 raised its consolidated net profit forecast for the year ending March 2027 to ¥11.0 billion from ¥9.4 billion and lifted its annual dividend forecast to ¥151 a share from ¥129.
The company also raised its revenue forecast to ¥270.0 billion from ¥240.0 billion and its ordinary profit forecast to ¥16.0 billion from ¥13.6 billion. Projected earnings per share rose to ¥373.78 from ¥318.26.
| Item | Previous (July 29) | Revised | Change |
|---|---|---|---|
| Revenue | ¥240.0 billion | ¥270.0 billion | +12.5% |
| Ordinary profit | ¥13.6 billion | ¥16.0 billion | +17.6% |
| Net profit | ¥9.4 billion | ¥11.0 billion | +17.0% |
The company said demand for semiconductors and IT products remained strong on the back of growing AI demand, with orders, including advance orders from customers, running above initial assumptions. It added that some products were taking longer to obtain from suppliers, and that the impact of longer lead times on earnings needed to be monitored.
For the April-September first half, revenue rose 30.9% from a year earlier to ¥125.96 billion, operating profit climbed 114.0% to ¥7.62 billion and net profit attributable to owners of the parent rose 93.7% to ¥5.00 billion. External sales in the semiconductor and electronic device business rose 35.3% to ¥104.28 billion, with segment profit up 321.5% to ¥4.46 billion.
Citing its guideline of a 40% consolidated payout ratio, the company set its interim dividend at ¥69 a share, above the ¥60 previously forecast and ¥35 a year earlier, and raised its year-end dividend forecast to ¥82 from ¥69. The annual dividend for the year ended March 2026 was ¥107.
The interim dividend takes effect on Nov. 27, 2026. The company plans to file its semiannual securities report on Nov. 9, 2026.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
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