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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.
West Holdings Corporation
West Holdings Corporation (1407) investor relations material
West Holdings Corporation Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2026 earnings summary15 Oct, 2026
Executive summary
FY2026 net sales rose 19.9% YoY to ¥56,649 million; operating profit increased 50.3% to ¥12,992 million and profit attributable to owners of parent rose 50.1% to ¥8,040 million.
Net assets reached ¥41,752 million and operating cash flow was ¥7,234 million; FY2027 guidance projects further growth in sales and profit.
Financial highlights
Gross profit rose to ¥20,779 million from ¥16,292 million; SG&A increased to ¥7,787 million from ¥7,645 million.
Ordinary profit was ¥11,435 million, up 43.6% YoY; comprehensive income increased to ¥9,160 million from ¥5,695 million.
Profit included ¥55 million of impairment losses and ¥34 million of losses on retirement of non-current assets; prior-period income taxes were ¥173 million.
Outlook and guidance
FY2027 forecast: net sales ¥70,412 million (+24.3% YoY), operating profit ¥15,600 million (+20.1%), ordinary profit ¥13,500 million (+18.0%), and parent-attributable profit ¥9,379 million (+16.6%).
FY2027 basic EPS forecast is ¥236.49.
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Latest events from West Holdings Corporation
- Sales and profits soared, with robust outlook and a special dividend announced.1407
Q3 2026 - Revenue up 13.1% year-over-year, but net income down 12.8% amid margin pressure.1407Q3 2024
- Record revenue and profit growth led by non-FIT solar, with double-digit gains forecast for FY2025.1407Q4 2024
- Revenue and profit dropped sharply in Q1 FY2025, with a net loss and unchanged full-year outlook.1407Q1 2025
- Sharp H1 profit drop from project delays, but full-year outlook and guidance unchanged.1407Q2 2025
- Profits fell sharply on lower sales, but guidance was raised amid renewable energy growth.1407Q3 2025
- Profit fell on lower renewables sales, but battery storage and power segments drove future growth.1407Q4 2025
- Revenue up 11.1% YoY, but operating profit down and net loss posted amid strategic shift.1407Q1 2026
- Revenue up, profits down; battery storage and maintenance strong, renewables weak.1407Q2 2026
Next West Holdings Corporation earnings date
Q1 202714 Jan, 2027
West Holdings Corporation
Next West Holdings Corporation earnings date
Q1 202714 Jan, 2027
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