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Aisin (7259) investor relations material
Aisin Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 revenue rose 7.3% YoY to ¥2,653.1bn, while operating profit fell 16.3% to ¥80.4bn and parent-attributable profit fell 28.9% to ¥49.7bn.
Profit pressure from lower powertrain sales, higher material costs linked to the Middle East situation, and Kumamoto earthquake-related extraordinary costs was partly offset by FX and cost reductions.
Financial highlights
H1 profit before tax fell 17.4% YoY to ¥87.9bn; operating profit margin was 3.0% versus 3.9%, and profit margin was 1.9% versus 2.8%.
Revenue increased ¥181.1bn despite lower customer vehicle production and powertrain sales; USD/JPY was ¥159 versus ¥146 and CNY/JPY was ¥23.5 versus ¥20.3.
Gross profit rose to ¥280.6bn from ¥278.0bn, while SG&A increased to ¥209.7bn from ¥187.5bn.
Comprehensive income fell to ¥25.7bn from ¥134.8bn, including a ¥37.0bn other comprehensive loss versus ¥52.8bn income a year earlier.
Operating cash flow was ¥145.7bn versus ¥176.2bn; investing cash flow was -¥103.0bn and financing cash flow was -¥118.4bn.
Outlook and guidance
FY2027 revenue forecast remains ¥5,250bn, up 2.6% YoY; operating profit was cut to ¥215bn from ¥235bn, pretax profit to ¥225bn, and parent-attributable profit to ¥135bn from ¥150bn.
Revisions reflect lower powertrain-unit sales, mainly in China, Middle East-related external changes, and extraordinary costs; forecast USD/JPY and CNY/JPY assumptions are ¥157 and ¥23.3.
FY2027 powertrain sales forecast is 10.10m, down 0.9% YoY and below the prior 10.70m forecast; electrification units are forecast at 3.52m versus 3.75m previously.
FY2027 forecast EPS is ¥192.76 and incorporates treasury-share acquisitions and cancellations through September 30, 2026.
- Revenue up 7.8% but operating profit down 23.6% amid higher costs and mixed regional results.7259
Q1 2027 - Revenue and profit rose on strong vehicle demand; FY2027 profit expected to decline on higher costs.7259
Q4 2026 - Q1 FY2025 saw lower profits and revenue, but guidance and major capital actions remain on track.7259
Q1 2025 - Sharp profit drop and lower forecast, with focus on electrification and capital efficiency.7259
Q2 2025 - Revenue fell 3.4% but operating profit rose 23.7%, with profit growth still forecast.7259
Q3 2025 - Revised profit targets, accelerated electrification, and global HEV/PHEV expansion drive growth.7259
Investor presentation - Operating profit rose 41.5% despite flat revenue, with record shareholder returns and buyback.7259
Q4 2025 - Revenue and profit surged, with robust guidance and enhanced shareholder returns.7259
Q1 2026 - Strong profit and revenue growth, robust outlook, and major share buyback planned.7259
Q2 2026
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