Exedy raises full-year forecast, invests in startup fund despite Q2 dip

Exedy Corporation reported its consolidated financial results for the second quarter of the fiscal year ending March 31, 2026, with revenue decreasing by 3.7% to 148,149 million yen and operating profit declining by 4.6% to 10,812 million yen compared to the previous year. Despite this, profit attributable to owners of the parent remained stable at 6,276 million yen.

Following these results, Exedy has revised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026. The company now anticipates revenue of 295,000 million yen (up from 285,000 million yen), operating profit of 21,000 million yen (up from 19,000 million yen), and profit attributable to owners of the parent of 12,500 million yen (up from 12,000 million yen). The annual dividend forecast has also increased to 300.00 yen, including an interim dividend of 150.00 yen already announced.

In a strategic move to foster new businesses and expand operations, Exedy announced an investment in Allegis LS II 2025-10, a Series of CGF2021 LLC. This fund, with a total investment of $11 million, is expected to become a wholly-owned consolidated subsidiary of Exedy, facilitating investments in startups with collaboration potential.