TOKYO, May 15 (Pulse News Wire) – Kyosha CO.,LTD. (6837.T) reported lower revenue and profits for its fiscal year ended March 2026 compared to the previous year.
Domestic operations saw increased sales due to higher orders for metal substrates used in home appliances and electronic components, as well as new orders in the automotive sector. However, AI server-related orders grew while industrial machinery orders declined, leading to reduced revenues in assembly-related products. Overseas performance was mixed, with growth in high-value-added metal substrates for LED lighting, air conditioners, and automobiles offset by overall decreased automotive orders.
Increased costs associated with expanding production capacity in Indonesia contributed to lower profitability abroad. Financial highlights for the fiscal year show: - Revenue: ¥24.70 billion (down ¥1.532 billion YoY) - Operating profit: ¥825 million (down ¥451 million YoY) - Ordinary profit: ¥547 million (down ¥451 million YoY) - Net income attributable to parent shareholders: ¥78 million (down ¥517 million YoY) Looking ahead, the company forecasts revenue of ¥24.70 billion for the fiscal year ending March 2027, with operating profit expected to reach ¥1.1 billion. Dividend per share is projected to increase by ¥4.00 to ¥9.00.
Exchange rate assumptions for key markets remain largely unchanged, with Indonesian rupiah at US$150.00 and Vietnamese dong at HK$19.30.
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