Shindengen Lifts Full-Year Earnings Forecast on Robust Power Businesses and Yen Tailwind

An announcement from Shindengen Electric Mfg Co Ltd ( (JP:6844) ) is now available.

Shindengen Electric Manufacturing revised its consolidated earnings forecast for the fiscal year ending March 31, 2026, raising expectations for net sales, operating profit, ordinary profit, and profit attributable to owners of the parent. The company now projects net sales of ¥111.7 billion, operating profit of ¥3.5 billion, ordinary profit of ¥4.2 billion, and profit attributable to owners of the parent of ¥5.8 billion, a sharp turnaround from the previous year’s loss.

The revision reflects robust performance in the Power Unit and Power Systems & Solutions businesses, which are offsetting weaker-than-expected recovery in the industrial machinery market and higher raw material costs affecting the Power Device Business. Earnings are also boosted by a weaker yen and gains on the sale of investment securities, while the impact of a recently completed power device share acquisition and a domestic career design support program is still under review and not yet factored into the forecast.

The most recent analyst rating on (JP:6844) stock is a Sell with a Yen3544.00 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 Japanese electronics manufacturer listed on the Tokyo Stock Exchange Prime Market, specializing in power devices, power units, and power systems and solutions. Its businesses serve industrial machinery and other sectors that depend on power electronics, making its performance sensitive to raw material costs, currency movements, and industrial demand trends.

Average Trading Volume: 74,115

Technical Sentiment Signal: Buy

Current Market Cap: Yen38.65B

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