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Cosel Slashes Full-Year Forecast After First-Half Miss on Delayed Order Recovery

Story Highlights
  • Cosel’s first-half results missed forecasts as slow customer inventory reductions delayed order recovery and hurt profits.
  • The company sharply cut full-year guidance, now expecting lower sales and an operating loss despite signs of demand recovery in semiconductor-related markets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cosel Slashes Full-Year Forecast After First-Half Miss on Delayed Order Recovery

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The latest update is out from Cosel Co., Ltd. ( (JP:6905) ).

Cosel Co., Ltd. reported that its consolidated results for the first half of the fiscal year ending May 2026 fell significantly short of earlier forecasts, as slower-than-expected inventory reductions at customers delayed an anticipated recovery in orders. Net sales, operating profit, and profit attributable to owners of the parent all declined versus both the company’s June 2025 forecast and the previous year, with consolidated sales dropping about 24% from the forecast and interim profit essentially breaking even despite cost-cutting efforts. Reflecting the weak first-half performance and delayed order recovery, Cosel sharply downgraded its full-year 2025/26 earnings outlook, now projecting a year-on-year decline in both consolidated and non-consolidated sales and profits, including an expected consolidated operating loss, even as it notes improving demand indicators in semiconductor-related business and gradual inventory digestion in FA, medical, and measurement markets. The company cited ongoing risks in the switching power supply market from U.S. tariff policy and China’s economic slowdown, signalling a challenging operating environment despite structural demand tailwinds from AI-driven digitalization, which will be closely watched by investors and customers reliant on Cosel’s power solutions.

The most recent analyst rating on (JP:6905) stock is a Hold with a Yen1285.00 price target. To see the full list of analyst forecasts on Cosel Co., Ltd. stock, see the JP:6905 Stock Forecast page.

More about Cosel Co., Ltd.

Cosel Co., Ltd. is a Japan-based manufacturer specializing in switching power supplies and related power electronics components. Listed on the Tokyo Stock Exchange Prime Market, the company serves industrial fields including semiconductor manufacturing equipment, factory automation (FA) systems, medical devices, and measuring instruments, with a global customer base exposed to fluctuations in digitalization trends, tariffs, and macroeconomic conditions.

Average Trading Volume: 113,588

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen48.7B

See more insights into 6905 stock on TipRanks’ Stock Analysis page.

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