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The latest update is out from IDEC Corporation ( (JP:6652) ).
IDEC Corporation reported a solid recovery in the fiscal year ended March 31, 2026, with net sales rising 8.3% to ¥72.97 billion and operating profit jumping 67.5%, driving profit attributable to owners of parent up 117.7%. Earnings per share more than doubled, return on equity and profitability ratios improved, and shareholders’ equity and total assets both increased, underscoring a stronger balance sheet.
Operating cash flow declined from the prior year but remained positive, while investing and financing cash flows were negative as the company continued to invest and return cash to shareholders through stable annual dividends of ¥130 per share. For the year ending March 31, 2027, IDEC forecasts moderate sales growth but a nearly 55% surge in profit attributable to owners, signaling confidence in further margin expansion despite the exclusion of APEM, Inc. from the consolidation scope.
More about IDEC Corporation
IDEC Corporation is a Japan-based manufacturer listed on the Tokyo Stock Exchange Prime Market, operating under Japan GAAP on a consolidated basis. The company supplies industrial control and automation-related products, positioning itself in global manufacturing supply chains and serving a broad base of industrial customers across sectors that rely on factory and process automation.
Average Trading Volume: 106,080
Technical Sentiment Signal: Buy
Current Market Cap: Yen98.53B
See more insights into 6652 stock on TipRanks’ Stock Analysis page.