Nichicon raises annual net profit forecast to ¥8 billion on strong capacitor demand
Nichicon raised its consolidated net profit forecast for the year ending March 2027 to ¥8 billion, up 27% year on year and ¥1.3 billion above its previous forecast. The company cited expanding capacitor demand for generative AI servers and vehicles. It now expects revenue of ¥200 billion and operating profit of ¥12 billion, increases of ¥15 billion and ¥3.3 billion from its previous forecasts, respectively.