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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
C.Uyemura & Co
C.Uyemura & Co (4966) investor relations material
C.Uyemura & Co Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary11 Nov, 2026
Executive summary
H1 revenue rose 26.7% YoY to ¥52,838m and operating income rose 22.9% to ¥11,767m, supported by AI-server-related materials demand.
FY2027 guidance was revised to ¥108,200m revenue and ¥17,700m net income, supported by continued package-substrate plating chemical sales.
Financial highlights
H1 ordinary income reached ¥12,303m, up 27.6% YoY; net income attributable to owners reached ¥8,700m, up 26.9%.
H1 revenue exceeded prior guidance by ¥8,128m, operating income by ¥2,437m and net income by ¥1,600m.
Operating income increased ¥2,192m YoY as higher materials and machinery gross profit more than offset higher SG&A and R&D costs.
Outlook and guidance
FY2027 forecasts: revenue ¥108,200m, operating income ¥24,700m, ordinary income ¥25,300m and net income ¥17,700m.
Versus prior guidance, forecasts rose 12.9% for revenue, 21.5% for operating income, 21.1% for ordinary income and 21.8% for net income; EPS forecast ¥1,107.78.
FY forecast assumes USD/JPY 157.98; each ¥1 weaker yen is estimated to add ¥370m to revenue and ¥90m to operating income, with reverse impacts for yen strength.
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Latest events from C.Uyemura & Co
- Q1 revenue jumped 29.6% YoY on strong electronics and AI demand; profits also surged.4966
Q1 2027 - Q1 profits surged on strong demand and FX gains, but full-year profit is forecast to decline.4966Q1 2025
- Profits surged on strong plating chemical and electronics demand; full-year outlook raised.4966Q2 2025
- Q3 profit jumped 50.6% YoY on strong materials and electronics demand; outlook steady.4966Q3 2025
- Strong profit growth in FY2025, but FY2026 is forecast to decline on currency and demand trends.4966Q4 2025
- Q1 delivered stable revenue but lower profits, with strong AI and auto electronics demand.4966Q1 2026
- Upward revisions to sales, profit, and dividend forecasts driven by robust AI server and automotive demand.4966Q2 2026
- Revenue and profits rose year-over-year, driven by robust electronics and semiconductor demand.4966Q3 2026
Next C.Uyemura & Co earnings date
Q3 20278 Feb, 2027
C.Uyemura & Co
Next C.Uyemura & Co earnings date
Q3 20278 Feb, 2027
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