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TAMURA Lifts Full-Year Profit Guidance to a Record, Citing AI Data Center Demand

TAMURA CORPORATION now expects operating profit of ¥6.5bn for the year to March 2027, above its 2018 record, after AI data center orders and price increases outran a forecast it had left unchanged since May.

Aug 27, 20262 min readTAMURA CORPORATION6768

TAMURA CORPORATION, the Tokyo-listed maker of transformers, coils and electronic chemical mounting materials (ticker 6768, TSE Prime), raised its full-year consolidated earnings forecast for the year to March 2027. The revision arrives just three weeks after the company reaffirmed an unchanged outlook on August 5, 2026, a set of figures that had not moved since it first published them on May 11.

Every line of the forecast moved up. Net sales guidance rose to ¥145bn from ¥130bn, a gain of 11.5%. Operating profit guidance rose to ¥6.5bn from ¥5.6bn, up 16.1%. Ordinary income guidance climbed to ¥5.8bn from ¥4.9bn, up 18.3%, and forecast net profit attributable to owners of the parent rose to ¥5.2bn from ¥4.5bn, up 15.6%. Forecast earnings per share rose to ¥65.35 from ¥56.55.

TAMURA's revised forecast for the year to March 2027
Figures from TAMURA CORPORATION's August 27, 2026 forecast revision notice; prior-year results are for the year ended March 2026.
MetricPrevious forecastRevised forecastChange
Net sales¥130bn¥145bn+11.5%
Operating income¥5.6bn¥6.5bn+16.1%
Ordinary income¥4.9bn¥5.8bn+18.3%
Net profit (parent owners)¥4.5bn¥5.2bn+15.6%
Earnings per share¥56.55¥65.35-

TAMURA attributed the upgrade to three drivers: continued firm demand for products used in AI data centers, a recovery in industrial equipment demand, and progress on price revisions in its electronic chemical mounting business. The company said it weighed demand trends and profitability improvements carefully after its first-quarter results before deciding sales and profit at every stage would beat its original assumptions.

The scale of the swing stands out against recent history. In the year to March 2026, TAMURA posted net sales of ¥123.6bn and operating income of ¥5.29bn, but a net loss attributable to owners of ¥1.39bn. The new operating profit target of ¥6.5bn would not just beat that year's result: TAMURA said it would substantially exceed the company's prior all-time high of ¥5.4bn, set in the year to March 2018.

The notice is a guidance revision, not a set of final results, and the excerpt supplied does not break out how much of the ¥15bn sales increase comes from each of the three drivers named, or give a segment-level split. Investors will get the audited picture when TAMURA reports full-year results after the fiscal year closes in March 2027.