Ryoden raises fiscal 2026 interim forecasts on strong performance, asset sales

Ryoden Corporation adjusted its consolidated earnings forecasts for the second quarter (interim) and full fiscal year ending March 2026. For the interim period, the company now projects 102,000 million yen in net sales, 2,400 million yen in operating profit, 2,600 million yen in ordinary profit, and 2,100 million yen in interim profit attributable to owners of parent. This is a substantial increase from previous estimates, exceeding initial forecasts due to enhanced profitability in core businesses and extraordinary gains from cross-shareholding sales.

Despite a projected decrease in full-year net sales to 215,000 million yen, primarily in the electronics business, operating and ordinary profit forecasts remain unchanged at 5,500 million yen and 5,600 million yen, respectively. However, full-year profit attributable to owners of parent is revised upwards to 5,000 million yen, reflecting the strong interim performance and extraordinary gains.

The revisions are attributed to successful initiatives in cooling & heating/building systems, positive performance in X-Tech, and robust sales in in-vehicle electronics and Taiwan's solution business. The company notes these forecasts are based on current available information and actual results may vary.