Shindengen Q1 FY27 profit attributable to owners of parent drops 43.3% to JPY 823 million; net sales rise 7.7% to JPY 29.29 billion
Reuters2026/08/07 07:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Shindengen Electric posted Q1 net sales of JPY 29.29 billion, up 7.7% year-on-year, while operating profit fell 35.4% to JPY 939 million.
- Ordinary profit declined 16.7% to JPY 1.2 billion, while profit attributable to owners of parent dropped 43.3% to JPY 823 million.
- Power unit business generated net sales of JPY 18.03 billion; power device business delivered operating profit of JPY 901 million.
- For FY2027, it kept its forecast for net sales at JPY 121.2 billion, with profit attributable to owners of parent seen at JPY 2.7 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shindengen Electric Manufacturing Co. Ltd. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.
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