Suzuden (7480), a Tokyo-listed distributor of electrical and electronic components, raised its net profit forecast for the fiscal year ending March 2027 by 14.7% to ¥3.19 billion from ¥2.78 billion and lifted its annual dividend forecast to ¥202 per share from ¥176.
The company cited strong order conditions at key customers in the electrical equipment, electronic components and industrial machinery sectors, supported by expanding semiconductor and data center investment driven by the spread of generative AI.
For the April-September first half, net sales rose 54.1% to ¥32,520 million, operating profit jumped 153.9% to ¥2,215 million and net profit attributable to owners of the parent rose 112.9% to ¥1,559 million. Higher spending on human capital and digital transformation, along with provisions for special employee bonuses, was outweighed by higher gross profit on increased sales.
| Item | Previous (Aug. 3) | Revised | Change |
|---|---|---|---|
| Net sales | ¥64.5 billion | ¥70.0 billion | +8.5% |
| Operating profit | ¥3.96 billion | ¥4.78 billion | +20.7% |
| Recurring profit | ¥4.26 billion | ¥5.03 billion | +18.1% |
| Net profit | ¥2.78 billion | ¥3.19 billion | +14.7% |
First-half sales in the core electrical and electronic components sales segment rose 55.0% to ¥32,347 million, with the factory automation (FA) equipment category up 64.7% to ¥18,663 million.
Under a dividend policy that uses an 80% payout ratio as the basis for total dividends, Suzuden set its interim dividend at ¥99 per share, ¥13 above its previous forecast of ¥86, for a total payout of ¥1,277 million. It raised its year-end dividend forecast by ¥13 to ¥103. The annual dividend for the previous fiscal year was ¥111.50, including a ¥7.50 commemorative dividend.
The interim dividend takes effect on Dec. 4, 2026. The company plans to file its semi-annual securities report on Nov. 9, 2026.
| Nihon M&A Center Holdings Inc. | |
| Shares allotted (all treasury stock) | 250,000 shares |
| Wise Holdings Co., Ltd. | |
| FY net profit forecast | ¥450 million (from ¥371 million) |
| Macnica Holdings, Inc. | |
| FY net profit forecast | ¥46.0 billion (from ¥32.0 billion) |
| Komatsu Matere | |
| Operating profit forecast | ¥2.6 billion (from ¥1.5 billion) |
| Yamato Kogyo Co., Ltd. | |
| FY net profit forecast | ¥62.0 billion (from ¥57.5 billion) |
| T.RAD Co., Ltd. | |
| FY net profit forecast | ¥8.6 billion (prev. ¥9.5 billion) |
| Nippon Ham | |
| FY business profit forecast | ¥50.0 billion (from ¥61.0 billion) |
| Toukei Densan | |
| FY net profit forecast (revised) | ¥8.32 billion |
| M&A / TOB | 9 |
| Guidance | 31 |
| Buybacks | 12 |
| Dividends | 3 |
| Capital | 32 |
| Earnings | 51 |
| People | 1 |
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