Sanyo Denki reports strong Q2 growth, announces 3-for-1 stock split
Sanyo Denki Co., Ltd. announced strong financial results for the second quarter of the fiscal year ending March 2026, with revenue rising by 9.2% to JPY50,784m and operating profit surging by 59.1% to JPY4,848m. Profit attributable to owners of parent increased by 119.3% to JPY3,509m. This growth was driven by robust demand in AI server and network equipment sectors, along with stable demand in renewable energy.
The company also detailed a three-for-one stock split of its common shares, effective October 1, 2025. This split will increase authorized shares from 100,000,000 to 150,000,000. Basic earnings per share for the current quarter were JPY98.76, reflecting the split as if it occurred at the beginning of the fiscal year.
For the full fiscal year ending March 2026, Sanyo Denki maintains its forecast of JPY107,100m in revenue and JPY8,500m in profit attributable to owners of parent, with basic earnings per share projected at JPY237.59, also adjusted for the stock split. The interim dividend for FY2026 will be paid based on pre-split shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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