TOREX SEMICONDUCTOR LTD. [6616.T]
TOKYO, May 20 (Pulse News Wire) – Torex Semiconductor LTD. (6616.T) reported revenue growth for the fiscal year ending March 2026, achieving ¥24 million compared to the previous year's ¥24 million, marking a 3.2% increase.
Operating profit improved to ¥1.115 billion from a loss of ¥632 million in the previous year. However, net income remained negative at ¥-2,358 million due to exchange rate impacts and impairment losses. The company expects continued recovery in semiconductor demand, projecting revenue of ¥28 billion for the next fiscal year, representing a 11.8% rise.
Operating profit is anticipated to reach ¥1.3 billion, reflecting higher sales volumes and cost reduction efforts. In addition, Torex plans to enhance shareholder returns through stable dividend payouts, targeting a dividend payout ratio of over 30%. The company also entered into an agreement to sell its stake in TVS Corporation to Panjit International Inc., expecting a gain of approximately ¥400 million.
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