Sekichu Co., Ltd.

Among the individual announcements made on the 29th, Taiyo Yuden revealed that it will sign a business alliance agreement with TDK covering joint development of electronic components and other areas. Sekichu raised its standalone operating profit forecast for the fiscal year ending February 2027, while Ito En will abolish its shareholder benefit program. Honey's Holdings posted a sharp profit decline in its consolidated results for the first quarter of the fiscal year ending May 2027, covering June to August 2026. BB Tower won a large order from a global IP company for storage products and maintenance services, with the order value at approximately 3.8 billion yen. Bank Innovate announced a consolidated operating profit forecast of 2.02 billion yen for the fiscal year ending September 2026, down 6.2 percent from the previous year, figures it had previously left undisclosed, and Nifco announced it will cancel treasury shares equivalent to 9.78 percent of its total issued shares, effective October 7.

In results announced after the close on September 29, Sekichu reported cumulative ordinary profit of 624 million yen for the first half of the fiscal year ending February 2027, up 17.7% from a year earlier, swinging to a profit gain from an earlier forecast of a 5.7% decline. Accordingly, the company raised its full-year ordinary profit forecast to 600 million yen from 550 million yen, a 9.1% upward revision, narrowing the projected profit decline to 5.8% from 13.7%. The prior-year result was 637 million yen. Based on the first-half results and the full-year plan, ordinary profit for the second half is calculated to fall into a loss of 24 million yen, compared with a profit of 107 million yen a year earlier. Ordinary profit for the most recent three-month period from June to August rose 11.5% year on year to 261 million yen, while the operating profit margin on sales improved to 3.4% from 2.7%.