Mansei Denki (7565) on Nov. 4 raised its full-year net profit forecast for the fiscal year ending March 2027 by 15.7% to ¥1.25 billion from ¥1.08 billion, after first-half results beat its own guidance.
For the April-September half, net sales rose 32.9% from a year earlier to ¥16.33 billion, operating profit climbed 36.4% to ¥980 million, ordinary profit gained 38.8% to ¥1.02 billion and net profit attributable to owners of the parent increased 41.1% to ¥712 million. All figures topped the forecasts issued on Aug. 4, with sales 8.9% and net profit 32.0% above guidance.
The company cited solid capital spending in logistics, food and data center-related areas, as well as corporate IT investment. It said higher value-added products and services and improved sales productivity lifted profits.
Sales in the electronic devices and information/communication equipment segment nearly doubled, up 97.5% to ¥6.88 billion, as a temporary lull in large corporate orders ended and PC sales grew sharply. Electrical equipment and industrial systems rose 7.6% to ¥6.19 billion, facility equipment rose 7.1% to ¥3.21 billion, and solar power fell 8.0% to ¥56 million.
| Item | Previous | Revised | Change |
|---|---|---|---|
| Net sales | ¥30.0 billion | ¥31.0 billion | 3.3% |
| Operating profit | ¥1.60 billion | ¥1.78 billion | 11.3% |
| Ordinary profit | ¥1.60 billion | ¥1.82 billion | 13.8% |
| Net profit | ¥1.08 billion | ¥1.25 billion | 15.7% |
The revised forecast implies earnings per share of ¥769.85. The company paid an interim dividend of ¥70.00 per share, up from ¥50.00 a year earlier; the year-end dividend has not been decided.
Next steps: the interim dividend is scheduled to be paid from Dec. 4, 2026, and the semiannual securities report is due to be filed on Nov. 13, 2026.
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| Shares to be purchased | 2.8 million shares (9.36%) |
| Intramart Inc. | |
| Revised FY net profit forecast | ¥1.376 billion (+32.3%) |
| Hirakawa Hewtech Corp. | |
| H1 net sales | ¥25.54 billion (+41.2%) |
| Dainichi Kogyo | |
| H1 operating profit | ¥135 million (down 60.2%) |
| Jason | |
| Shares transferred | 1.6 million shares |
| Nippon Steel Corporation | |
| Tender offer price | ¥2,100 per share |
| TISI Inc. | |
| FY net profit forecast | ¥57.5 billion (from ¥57.0 billion) |
| ARE Holdings, Inc. | |
| FY net profit forecast (revised) | ¥36.0 billion (from ¥29.0 billion) |
| M&A / TOB | 16 |
| Guidance | 40 |
| Buybacks | 7 |
| Dividends | 7 |
| Capital | 6 |
| Earnings | 87 |
| People | 1 |
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