Kuroda Group Co.,Ltd. [287A.T]

TOKYO, May 15 (Pulse News Wire) – Kuroda Group CO.,LTD. (287A.T) reported flat revenue but increased operating profit for the fiscal year ended March 2026.

Revenue stood at ¥1,210 billion, while operating profit rose to ¥65 billion, up 10.2% from the previous year. Despite a slight decrease in HDD-related sales due to customer-specific factors and restructuring costs, the company benefited from real estate gains, leading to overall profitability improvements. In manufacturing, despite challenges such as reduced sales to Taiwan and South Korea, strong performance in automation equipment and construction materials drove modest growth.

In trading operations, robust demand for automotive parts helped maintain steady profits despite economic slowdowns in China. Looking ahead, Kuroda forecasts revenue of ¥1,230 billion and operating profit of ¥70 billion for the fiscal year ending March 2027, representing a 4.1% increase in operating profit compared to the previous year. The company plans to continue investing in existing businesses while maintaining financial discipline and returning value to shareholders through progressive dividend policies.

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