SHINDEN HIGHTEX CORPORATION [3131.T]
TOKYO, May 13 (Pulse News Wire) – Shinden Hightex Corporation (3131.T) reported a decrease in revenue for the fiscal year ending March 2026, with sales declining by ¥929 million compared to the previous year. Despite the overall reduction, some segments showed signs of recovery.
Operating profit fell by ¥350 million, while ordinary profit dropped by ¥400 million due to reduced sales in semiconductor products and battery-related businesses, offset partially by growth in EMS and AI server businesses. For the next fiscal year, the company anticipates a turnaround driven by higher memory prices and increased demand for AI-related products.
Revenue is expected to rise by ¥42.81 billion, with operating profit projected to increase by ¥642 million and ordinary profit by ¥700 million. The company also plans to maintain stable dividend payments, aiming for consistency despite potential fluctuations in market conditions.
Shinden Hightex's president, Atsushi Suzuki, emphasized focusing on sustainable profitability through strategic investments in digital transformation and talent development, positioning the company for long-term growth.
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