Koito Manufacturing Fiscal Q1 Profit Increases; Revenue Climbs
Koito Manufacturing (TYO:7276) posted a 45% year-over-year surge in profit attributable to owners of the parent for the fiscal first quarter to 14.7 billion yen from 10.1 billion yen.The lighting and electronic display maker's net income per share was 55.77 yen, compared with 35.71 yen a year earlier, according to a Tokyo Stock Exchange filing on Wednesday.Net sales rose 9.6% to 240.9 billion yen for the three months ended June 30 from 219.7 billion yen a year ago.For the fiscal year ending March 31, 2027, the company expects attributable profit of 39.5 billion yen, net income per share of 150.53 yen, and net sales of 933 billion yen.The company plans to pay interim and year-end dividends of 28 yen and 30 yen per share, respectively for the current year, totaling 58 yen, up from 56 yen in the previous fiscal year.
