KURODA PRECISION INDUSTRIES LTD. [7726.T]
TOKYO, May 14 (Pulse News Wire) – KURODA Precision Industries Ltd. (7726.T) reported its fiscal year 2026 lower operating profit of ¥770 million compared to an operating profit of ¥311 million in the prior year.
Revenue decreased to ¥25.80 billion from ¥17.284 billion last year due to recovery in orders from the driving system division since late last year and growth in sales from new projects in the die casting systems division. In the earnings breakdown, the driving system division saw a significant increase in orders, particularly in semiconductor manufacturing equipment, leading to higher revenue and profits despite some negative impacts from European subsidiaries. The die casting systems division experienced a decline in motor core sales due to export restrictions on rare earth magnets but benefited from new project-related equipment sales.
The machine tool measurement systems division showed improved profitability through cost-cutting measures and large-scale orders. Looking ahead, KURODA forecasts revenue of ¥25.80 billion for fiscal year 2027, driven by continued recovery in the driving system sector and contributions from new projects in the die casting systems division. The company expects to return to profitability with an anticipated net income of ¥330 million per share for the upcoming fiscal year.
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