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Ferrotec (6890) investor relations material
Ferrotec Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Fiscal year-end changed from March 31 to December 31, resulting in an irregular reporting period for this quarter.
Strong demand in semiconductor equipment, especially from AI-related investments and memory manufacturing.
Electronic devices saw growth in thermoelectric modules for new optical transceivers, while automotive-related business faced continued price declines in power semiconductor substrates.
Operating profit benefited from improved factory utilization and product mix, despite higher fixed costs from new plant depreciation.
Special gain of ¥2,791 million recorded from a subsidiary's change to equity-method affiliate.
Financial highlights
Revenue: ¥182,437 million; Operating profit: ¥28,071 million; Ordinary profit: ¥27,279 million; Net profit attributable to shareholders: ¥21,519 million.
EPS: ¥430.60 (diluted: ¥398.21) for the quarter.
Comprehensive income: ¥51,382 million, a significant turnaround from a loss in the prior year.
Dividend forecast for FY2026: interim ¥100, year-end ¥100 (including ¥25 special dividend each period).
Outlook and guidance
Full-year forecast (irregular period): Revenue ¥380,000 million, Operating profit ¥60,000 million, Ordinary profit ¥55,000 million, Net profit attributable to shareholders ¥36,000 million, EPS ¥683.66.
Forecast revised from previous guidance.
- Profitability and capital efficiency drive strategic reforms, asset sales, and enhanced shareholder returns.6890
Corporate presentation - Strong profit and sales growth forecast, fueled by semiconductor demand and global expansion.6890
Q4 2026 - Sales and operating profit rose, but net profit fell; full-year growth and higher dividends forecast.6890
Q3 2026 - Sales rose 4.3% but net profit dropped; full-year outlook and dividend forecast increased.6890
Q2 2026 - Revenue up, net income down; electronic devices and automotive segments drive growth.6890
Q1 2026 - Semiconductor and AI demand drove 28% sales growth and upgraded guidance.6890
Q2 2025 - Semiconductor recovery drove 16.9% revenue growth and 11.6% higher net income.6890
Q1 2025 - Nine-month sales surged 20.3% year-over-year, but profit declined; full-year growth forecast maintained.6890
Q3 2025 - Net sales rose 23.4% and profit increased, with FY2026 guidance projecting further growth.6890
Q4 2025
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