Canare Electric Co., Ltd.
【Kanare Electric】2026 First Half Performance Forecast Variance | July 2026
For the fiscal year ending December 2026, the second quarter sales revenue was 6,638 million yen, exceeding the previous forecast of 6,350 million yen by 288 million yen (4.5% increase). Operating profit was 889 million yen, surpassing the forecast of 680 million yen by 209 million yen (30.9% increase). Net income attributable to owners of the parent was 635 million yen, exceeding the forecast of 540 million yen by 95 million yen (17.7% increase).
Key Figures
- Sales Revenue: 6,638 million yen (Compared to previous forecast +288 million yen)
- Operating Income: 889 million yen (Compared to previous forecast +209 million yen)
- Net Income Attributable to Owners of the Parent: 635 million yen (Compared to previous forecast +95 million yen)
AI要約
Performance Overview
Kanare Electric's consolidated performance for the second quarter of the fiscal year ending December 2026 was 6,638 million yen in sales, 889 million yen in operating income, and 635 million yen in net income attributable to owners of the parent, all exceeding previous forecasts. The results surpassed expectations due to the impact of yen depreciation and tax refunds from the US subsidiary, while the full-year forecast remains unchanged considering uncertain Middle East geopolitical conditions and risks related to interest rates and exchange rates. The dividend remains at the initial forecast of 33 yen per share regardless of the discrepancy.
Future Outlook and Impact on Shareholders
The company will continue to monitor exchange rate fluctuations and raw material price increases, aiming for stable performance and growth. The current variance is considered temporary, and no changes have been made to the full-year forecast. The company intends to provide stable dividends to shareholders and pursue long-term enhancement of corporate value.
Kanare Electric Co., Ltd.
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