CMK Corporation raises dividend forecast on strong profit growth
CMK Corporation reported net sales of 47,212 million yen for Q2 FY2025, with an ordinary income of 1,092 million yen and profit attributable to owners of the parent company at 1,492 million yen. Despite a decrease in operating income, ordinary income benefited from a foreign exchange gain of 0.7 billion yen. The company anticipates full-year net sales to remain at 96,000 million yen, while operation income is revised to 3,100 million yen and ordinary income to 4,100 million yen. Profit is now forecasted at 3,400 million yen, significantly higher than the previous forecast of 2,000 million yen.
In response to the improved financial outlook, CMK Corporation revised its full-year dividend forecast from 10 yen per share to 20 yen per share for FY2026/3. This revision follows a gain of 1.2 billion yen from the sale of investment securities, which has strengthened the company's financial position and improved cash flow. The company also highlighted improved profitability in its China segment, driven by an enlarged working panel size and a solid integrated ECU business.
Strategic initiatives include the commencement of operations at its new factory in Thailand on November 10, 2025, which focuses on automation, enlarged working panel sizes, and labor saving to enhance production efficiency. CMK is also diversifying its portfolio into high-value-added automotive segments, particularly integrated ECUs, and expanding into new business fields such as next-generation mobility, telecommunications, and industrial equipment.
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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