AOI Electronics (6832) investor relations material

Executive summary

• Q1 FY2027 net sales rose 17.6% YoY to ¥10,961 million; operating profit increased 135.3% to ¥526 million and profit attributable to owners of parent rose 79.2% to ¥364 million.

• Consumer-device component demand supported sales growth; higher raw-material prices and R&D expenses for new businesses weighed on profit.

Financial highlights

• Gross profit was ¥2,151 million versus ¥1,592 million YoY; SG&A increased ¥257 million to ¥1,625 million.

• Ordinary profit was ¥413 million versus ¥253 million YoY; comprehensive income increased to ¥524 million from ¥199 million.

• Net income growth reflected lower losses on disposal of fixed assets.

• Gross margin was 19.6%, up from 17.1%; operating margin was 4.8%, up from 2.4%.

• Basic EPS was ¥32.55 versus ¥18.16 YoY.

Outlook and guidance

• FY2027 forecast unchanged: net sales ¥44,000 million, operating profit ¥300 million, ordinary profit ¥300 million and parent-attributable profit ¥230 million.

• Q1 progress against FY guidance: sales 24.9%, operating profit 175.0%, ordinary profit 137.3% and net income 158.3%.

• H1 forecast: net sales ¥23,000 million, operating profit ¥500 million, ordinary profit ¥500 million and parent-attributable profit ¥400 million.

• FY2027 annual dividend forecast remains ¥54 per share, comprising ¥25 at H1 and ¥29 at year-end.

• Results may differ significantly as global economic conditions and market trends evolve; forecast revisions will be announced if needed.