【Nipden】Revisions to FY2027 Earnings Forecast｜Sales of ¥8,050 million (+8.1%)

Performance Overview

Nipden has upwardly revised its consolidated earnings forecast for the second quarter and full year of FY2027. The second quarter's sales are projected at ¥8,050 million (up 8.1% YoY), operating income at ¥4,200 million (up 33.3%), and net income at ¥3,200 million (up 35.0%). This reflects robust orders from the electronic device and semiconductor manufacturing equipment sectors driven by increased investments in advanced semiconductors and data centers associated with the proliferation of generative AI. The full-year forecast remains strong, with sales revised to ¥160 billion and net profit to ¥6.1 billion.

Impact on Shareholders and Future Outlook

Nipden has also revised its dividend forecast, raising the annual dividend from ¥50 to ¥60. Including interim and year-end dividends, the total is set at ¥120, maintaining a consolidated payout ratio above 50%, aiming for stable shareholder returns. It is also expected that demand for electronic devices and semiconductors will remain strong, supporting further growth and enhanced shareholder returns in the future.