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Shindengen Electric Mfg Co Ltd ( (JP:6844) ) just unveiled an update.
Shindengen Electric Manufacturing Co., Ltd. is a Japan-based manufacturer in the electronics and power device industry, supplying power semiconductors, power supply units, and related components. Its products serve a range of applications that require efficient power control and conversion, positioning the company in markets tied to industrial equipment, automotive systems, and energy-related electronics.
Shindengen Electric Mfg. Co. revises its full-year consolidated earnings forecast for the year ending March 31, 2026, keeping net sales and operating and ordinary profit targets unchanged but cutting profit attributable to owners of parent by ¥1 billion due to expected extraordinary losses from the sale of idle assets and costs related to a career design support program. Despite the lower bottom-line outlook, the company raises its forecast for the year-end dividend from ¥65 to ¥100 per share, signaling a stronger shareholder return stance even as it continues to factor in the yet-to-be-quantified impact of its newly established power device business acquisition on future earnings.
The most recent analyst rating on (JP:6844) stock is a Hold with a Yen3503.00 price target. To see the full list of analyst forecasts on Shindengen Electric Mfg Co Ltd stock, see the JP:6844 Stock Forecast page.
More about Shindengen Electric Mfg Co Ltd
Shindengen Electric Manufacturing Co., Ltd. is a Japan-based manufacturer in the electronics and power device industry, supplying power semiconductors, power supply units, and related components. Its products serve a range of applications that require efficient power control and conversion, positioning the company in markets tied to industrial equipment, automotive systems, and energy-related electronics.
Shindengen Electric Mfg. Co. revises its full-year consolidated earnings forecast for the year ending March 31, 2026, keeping net sales and operating and ordinary profit targets unchanged but cutting profit attributable to owners of parent by ¥1 billion due to expected extraordinary losses from the sale of idle assets and costs related to a career design support program. Despite the lower bottom-line outlook, the company raises its forecast for the year-end dividend from ¥65 to ¥100 per share, signaling a stronger shareholder return stance even as it continues to factor in the yet-to-be-quantified impact of its newly established power device business acquisition on future earnings.
Average Trading Volume: 87,287
Technical Sentiment Signal: Buy
Current Market Cap: Yen35.25B
Find detailed analytics on 6844 stock on TipRanks’ Stock Analysis page.