Latest Tokyo Brief coverage on KOA CORPORATION, tracking filings, financial news, and market signals from Japan.
TSE:6999
KOA now expects ¥8.31bn of operating profit this fiscal year, up from ¥5.36bn, citing AI-related, automotive and industrial demand, and it raised its year-end dividend forecast to ¥46.50 a share.
KOA CORPORATION's upgraded guidance follows a first quarter in which net profit nearly quadrupled, and the company raised its annual dividend forecast to ¥63 a share from ¥39, crediting AI-related equipment demand in Asia and automotive orders in China rather than a broad components rebound.
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