Sukegawa Electric reports higher first-half parent net profit
Updated
Updated · MarketWatch · May 7
Sukegawa Electric reports higher first-half parent net profit
4 articles · Updated · MarketWatch · May 7
For the half-year ended 31 March, net profit rose to Y561 million from Y495 million, while revenue increased to Y3.11 billion from Y2.96 billion.
Operating profit climbed to Y784 million from Y700 million and pretax profit to Y791 million from Y705 million, with earnings per share rising to Y101.81 from Y89.92.
The company, reporting under Japanese accounting standards, forecast a midyear dividend of Y26 versus Y18 a year earlier and an annual dividend of Y52 against Y40.
Can Sukegawa Electric continue its profit and dividend growth if the memory chip shortage and rising costs persist through 2026?
How is Sukegawa Electric adapting its supply chain and product strategy to navigate the AI-driven memory squeeze and intense global competition?