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ULVAC (6728) investor relations material
ULVAC Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 FY2027 orders reached a quarterly record ¥116,638 million, up 93.1% YoY; net sales rose 39.0% to ¥73,299 million and operating profit increased to ¥6,191 million.
Semiconductor, electronics and rare-earth-related demand supported growth; Vacuum Equipment profit surged while Vacuum Application profit declined. FY2027 forecasts were raised.
Financial highlights
Gross profit rose to ¥21,424 million from ¥15,674 million; SG&A increased to ¥15,233 million from ¥13,390 million.
Ordinary profit was ¥8,981 million and profit attributable to owners of parent was ¥5,680 million; basic EPS was ¥115.50 versus ¥33.76 YoY.
Ordinary profit included ¥2,337 million in foreign-exchange gains; prior-year results included a ¥315 million gain on sale of businesses.
Free cash flow was ¥23.0B versus ¥2.5B YoY; operating and investing cash flows were ¥15,997 million and ¥7,001 million, respectively.
Outlook and guidance
FY2027 full-year forecast raised to orders ¥290B, net sales ¥283B, operating and ordinary profit ¥30B each, and parent-attributable profit ¥20B; forecast EPS is ¥406.68.
H1 forecasts are orders ¥180B, net sales ¥147B, operating and ordinary profit ¥14.5B each, and parent-attributable profit ¥9B; forecast EPS is ¥183.00.
Full-year forecast versus FY2026 actual: sales +5%, operating profit +53% and parent-attributable profit +17%; forecast operating margin is 10.6%.
Revisions reflect Q1 performance, high backlog and expected favorable conditions; higher sales support profit, partly offset by ¥3.0B higher selling-related expenses.
- Record orders and sales, margin recovery and profit rebound expected as AI data center focus drives transformation.6728
Q4 2026 - Record orders and AI-driven growth, but profits fell due to EV costs; China integration to boost gains.6728
Q3 2026 - Accelerating semiconductor and electronics growth with advanced packaging and inspection tech.6728
Analyst Day 2025 - Aggressive rare-earth magnet business expansion and tech leadership drive ambitious profit targets.6728
Analyst Day 2026 - Orders exceeded plan but profits fell; outlook raised amid reforms and industry challenges.6728
Q2 2026 - Orders up 19% YoY, but net sales and profits declined; full-year outlook and dividend steady.6728
Q1 2026 - Record gross margin and dividend; FY2026 targets higher profit and stable dividends.6728
Q4 2025 - ULVAC targets 2.5x growth in semiconductor and packaging orders by FY30/6, driven by AI demand.6728
Analyst Day 2024 - Profits and sales surged YoY, with OLED and semiconductor demand set to drive future growth.6728
Q1 2025
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