Micronics Japan (6871) investor relations material

Executive summary

• Net sales for Q1 FY2026 reached ¥20,945 million, up 6.0% sequentially and 48.3% year-over-year.

• Operating profit rose to ¥5,647 million, a 7.7% increase from the previous quarter and 97.6% higher year-over-year.

• Net income attributable to owners was ¥4,392 million, down 11.8% sequentially but up 162.5% year-over-year.

• Comprehensive income surged to ¥11,616 million from ¥454 million in the prior year period.

Financial highlights

• Gross profit for Q1 FY2026 was ¥9,898 million, up 1.8% sequentially and 30.0% year-over-year.

• Ordinary profit more than doubled to ¥5,991 million, aided by higher non-operating income and a ¥1,000 million extraordinary gain.

• Basic earnings per share for Q1 2026 was ¥113.32, up from ¥43.34 in Q1 2025.

• Total assets grew to ¥113,457 million as of March 31, 2026, up from ¥99,026 million at year-end 2025.

• Free cash flow remained negative at ¥(6,017) million for Q1 FY2026.

Outlook and guidance

• Full-year FY2026 revenue growth is expected to significantly exceed the previously assumed 26% growth rate, reflecting strong production ramp-up.

• Revised full-year forecast projects net sales of ¥71,600 million (up 42.0% year-over-year) and profit attributable to owners of parent of ¥15,200 million (up 114.5%).

• Net sales forecast for Jan–Jun FY2026 is ¥45,700 million, up 38.0% year-over-year.

• Net income for Jan–Sep FY2026 is projected at ¥15,200 million, a 114.5% increase year-over-year.

• Basic earnings per share forecasted at ¥392.11 for nine months ending September 30, 2026.