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Investing.com -- Sanyo reported second-quarter sales of ¥26.6 billion, an increase from ¥24.2 billion in the first quarter. Operating profit rose to ¥3.08 billion from ¥1.77 billion in the previous quarter.
The company’s orders reached ¥27.6 billion in the second quarter, up from ¥25.8 billion, while order backlog stood at ¥38.5 billion.
By segment, San Ace delivered profits of ¥2.3 billion in the second quarter, compared to ¥1.55 billion in the first quarter. The electronics segment turned profitable with ¥0.37 billion after posting a loss of ¥0.25 billion in the previous quarter. The motion segment saw profits decline to ¥0.33 billion from ¥0.42 billion.
Sanyo maintained its full-year guidance for the fiscal year ending March 2026, projecting sales of ¥107.1 billion, a 9% year-over-year increase, and operating profit of ¥11.55 billion, up 46% from the previous year.
To achieve its full-year targets, Sanyo would need to generate second-half sales of ¥56.3 billion, compared to first-half sales of ¥50.8 billion, and second-half operating profit of ¥6.7 billion versus ¥4.85 billion in the first half.
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