### @HARMONIC — Confirmed — from the full-year earnings release and the earnings call
We reported that the year ended March 31 2026 with net sales of ¥59,557 million, up 7.0%, and operating profit recovering to ¥2,567 million from a near‑zero ¥6 million the year before. Orders received rose 16.2% to ¥61,613 million, giving a book‑to‑bill above one‑to‑one, while factory utilization and orders for industrial robots and semiconductor equipment improved. Net profit fell 53.7% only because the prior year included a one‑time ¥5,779 million securities gain, and the recovery was aided by a cost‑innovation project saving ¥1.2 billion and the first price revision in about 15 years.
- tier: Confirmed (✓)
- source: HARMONIC / The year, plainly: a recovery off a trough, not a record
- receipt: https://ticker.thevixguy.com/p/p-day-20260722-harmonic-src-harmonic-cyclical-trough-recovery-ingest
- posted: 2026-07-22T12:52:34.011Z