Source disclosure: February 06, 2026
KEL CORPORATION [6919.T]
TOKYO, Feb 06 (Pulse News Wire) – KEL Corporation (6919.T) revised its fiscal year 2026 earnings forecast, projecting lower profits despite higher revenue expectations. The company cited ongoing inventory adjustments in the industrial machinery sector and rising raw material costs as key factors impacting profitability.
For the fiscal year ending March 31, 2026, KEL now expects: - Revenue: ¥12.50 billion (up from ¥12.00 billion previously) - Operating Profit: ¥320 million (down 46.7% from ¥600 million) - Ordinary Profit: ¥450 million (down 28.6% from ¥630 million) - Net Income per Share: ¥42.6 million (down 27.9% from ¥59.1 million) The revision reflects improved demand for connectors in gaming machines and power-related custom racks, contributing to increased sales forecasts. However, higher production costs due to elevated metal prices and delays in achieving expected efficiencies at the newly established Chinese factory led to reduced profit margins.
Additionally, increased depreciation expenses from equipment investments and higher marketing costs further impacted the bottom line. As a result, while revenues are anticipated to rise, net income is projected to decline compared to the previous year.
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