■Future Outlook LeTech <3497> expects an increase in sales and ordinary income of more than 20%, with sales of 2.14 billion yen (+33.8% YoY), operating income of 150 million yen (+7.7% YoY), ordinary income of 100 million yen (+21.7% YoY), and net income of 1.03 billion yen (-11.4% YoY) for the July 2024 term, and has maintained its initial forecast (announced in September 2023).
Precision Tech Research's consolidated performance forecast for the fiscal year ending March 2025 is expected to be revenue of 1.73 billion yen, a 9.6% increase over the previous year, operating profit of 145 million yen, a 37.8% increase, ordinary profit of 155 million yen, a 22.1% increase, and net income attributable to parent company shareholders of 100 million yen, a 31.4% increase.
The company group is accelerating its strategic deployment in both the information and communication market and the automobile market. With the increasing amount of big data, investment in strengthening optical communication networks is expected in the medium term as data center construction continues around the world. This includes strengthening undersea cables, intercontinental communication, and FTTH, and the company's precision processing, precision molding, and optical technology are expected to play important roles. In addition, as the shift to electric and hybrid cars accelerates in the automobile market, lightweighting, improving battery performance, improving production efficiency through automation, and developing self-driving technology will become important focus areas. Based on these trends, the company aims to provide products and services that contribute to society in growing markets such as information and communication, automobiles, medical and bio. Through its medium-term management plan, Master Plan 2022, the company aims to establish sustainable growth and market leadership through four strategies: activating customer touchpoints, accelerating the development of new products and technologies, strengthening manufacturing capabilities, and improving the management foundation. This is expected to lead to sustainable growth as a company group and create a foundation for new business opportunities.
(Reported by FISCO guest analyst Hiroshi Nakayama)