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Hirose Electric Doubles Net Profit on Strong Industrial and Automotive Demand

Story Highlights
  • Hirose Electric posted higher sales and operating profit, driven by strong performances in general industrial machinery and automotive mobility markets.
  • Ordinary and net profit more than doubled year on year, supported by increased dividend income from more consolidated subsidiaries and improved earnings power.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hirose Electric Doubles Net Profit on Strong Industrial and Automotive Demand

Meet Samuel – Your Personal Investing Prophet

HIROSE ELECTRIC CO ( (JP:6806) ) has shared an announcement.

Hirose Electric reported significant year-on-year growth in its non-consolidated results for the fiscal year ended March 31, 2026, with net sales rising 9.2% to ¥152.3 billion and operating profit increasing 15.1% to ¥17.0 billion. Ordinary profit surged 83.6% to ¥40.3 billion and net profit jumped 105.8% to ¥34.4 billion, lifting basic earnings per share from ¥494.75 to ¥1,031.04.

The company attributed the higher revenue and operating profit to strong performances in both its general industrial machinery business and its automotive and mobility-related operations. Profitability was further boosted by an increase in dividend income from a larger number of consolidated subsidiaries than in the previous fiscal year, amplifying gains at the ordinary and net profit levels and reinforcing the firm’s earnings power for shareholders.

The most recent analyst rating on (JP:6806) stock is a Buy with a Yen26300.00 price target. To see the full list of analyst forecasts on HIROSE ELECTRIC CO stock, see the JP:6806 Stock Forecast page.

More about HIROSE ELECTRIC CO

Hirose Electric Co., Ltd. is a Japan-based manufacturer of electronic components, best known for its connectors used across general industrial machinery and the automotive and mobility markets. Listed on the Tokyo Stock Exchange Prime Section under code 6806, the company serves a broad range of industrial and transportation equipment customers seeking high-reliability connection solutions.

YTD Price Performance: 30.20%

Average Trading Volume: 149,887

Technical Sentiment Signal: Buy

Current Market Cap: Yen731.5B

For an in-depth examination of 6806 stock, go to TipRanks’ Overview page.

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