Alinco revises FY25 forecast downward amid yen weakness, investment

Alinco (TSE:5933) announced a downward revision of its consolidated financial results forecast for the fiscal year ending March 20, 2025, initially disclosed on May 2, 2024. While the company projects a slight increase in net sales to JPY61.2 billion from the previous forecast of JPY61 billion, operating profit is now expected to be JPY2.2 billion, down from JPY3.2 billion. Ordinary profit is revised to JPY2.7 billion from JPY3.3 billion, and profit attributable to owners of the parent company is revised to JPY2 billion from JPY2.1 billion. The company attributes these revisions to rising procurement costs due to the weaker yen and increased depreciation expenses stemming from capital investment aimed at enhancing production capacity within its electronic equipment business. The company maintains its year-end dividend forecast at JPY22 per share.