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Johnson Electric (179) investor relations material
Johnson Electric Q1 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Sales for the June 2026 quarter reached US$936 million, up 2% year-over-year, with favorable currency movements and new business wins, especially in Asia-Pacific, contributing to growth.
Automotive Products Group (APG) sales were flat excluding currency effects, with Asia-Pacific up 4%, Americas up 2%, and EMEA down 6%.
Industry Products Group (IPG) sales rose 5% year-over-year excluding currency, with Asia-Pacific up 32%, EMEA down 7%, and Americas down 5%.
The group targets mid-single-digit growth, leveraging new product launches and market share gains across automotive, consumer, and industrial applications.
Modest overall growth was supported by program ramp-ups and strong Asia-Pacific performance.
Financial highlights
Group sales increased by US$21 million to US$936 million for the June 2026 quarter.
Favorable currency movements, particularly stronger RMB and EUR against USD, contributed US$14 million to reported sales growth.
APG sales were US$778 million, up 2% year-over-year; IPG sales were US$158 million, up 6%.
Outlook and guidance
Visibility remains limited due to macroeconomic, geopolitical, and trade tariff uncertainties.
Management remains confident in the growth trajectory, focusing on innovation and expanding platforms in distributed power, thermal management, liquid cooling, and robotics.
Medium- to long-term growth expected from investments in innovation and expansion into new platforms.
- Flat sales, lower profits, and renewed Industry Products growth amid strong liquidity.179
Q4 25/26 - Stable nine-month sales at US$2,726 million with mixed segment results and ongoing global risks.179
Q3 25/26 - Net profit rose 3% to US$133 million despite a 1% sales decline and challenging markets.179
Q2 25/26 - Sales fell 2% as APG struggled in China, but new launches and robotics JVs offer growth potential.179
Q1 25/26 - Net profit up 8% to US$130M despite 4% sales drop; margin and cash flow remain strong.179
Q2 2025 - Sales dropped 2% to $935M as APG remained stable and IPG declined 10% amid weak demand.179
Q1 24/25 - Net profit rose 15% to US$263M despite a 4% sales drop, with strong cash and stable dividends.179
Q4 24/25 - Sales dropped 5% as weak auto production and demand persisted, with a cautious outlook.179
Q3 2025
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