Revision of the Consolidated Earnings Forecast for the Interim and Full-Year for the Fiscal Year Ending March 2027

Overview of earnings forecast revision

Hirose Electric has revised its consolidated earnings forecast for the fiscal year ending March 2027 for the interim and full year. The main factors are the impact of foreign exchange movements, higher-than-expected performance in the general industrial business versus the previous forecast, and the effect of corporate income tax expenses at major subsidiaries. The revised figures for revenue, operating profit, pretax profit, and net income attributable to owners of the parent are upward, and earnings per share are also expected to rise. The dividend forecast remains unchanged. Exchange rate assumptions are 1 USD = 155 yen, 1 EUR = 180 yen, 1 KRW = 0.1050 yen.

Outlook and points of note

The new forecast reflects assumptions on foreign exchange movements and tax audits, and there is potential for further revision depending on market fluctuations, exchange rates, and tax conditions. Progresses in actual results since the announcement and changes in market environment should be monitored, and for investors the sustainability of the upward revision and stability of the dividend policy are key.