FDK Corp raises full-year earnings forecast significantly

FDK Corporation (TSE:6955) announced today a revision to its consolidated earnings forecast for the fiscal year ending March 31, 2025. The company now anticipates a JPY 250 million increase in recurring profit and a JPY 150 million increase in net profit attributable to the parent company. This significant revision is attributed to several factors including cost reductions in the battery business's equipment-related operations, increased sales of various modules for overseas electronics business, and favorable exchange rate trends. Specifically, the company forecasts recurring profit to be JPY 1.2 billion, and net profit attributable to parent company at JPY 500 million. The company had previously announced the original forecast on October 30, 2024. The sales forecast remains unchanged.