AECC AERO-ENGINE CONTROL (000738) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was ¥1,349 million, nearly flat year-over-year, while net profit attributable to shareholders declined 13.77% to ¥126.6 million.

• Cash flow from operating activities turned negative at -¥340.4 million, down 174.28% year-over-year.

• Basic and diluted EPS both decreased 13.71% to ¥0.0963.

Financial highlights

• Operating income remained stable at ¥1,349 million compared to the same quarter last year.

• Net profit attributable to shareholders dropped 13.77% year-over-year.

• Net profit excluding non-recurring items fell 13.16% year-over-year.

• Cash flow from operations decreased sharply, with a net outflow of ¥340.4 million.

• Total assets increased 1.65% from year-end 2025 to ¥16.60 billion.

Outlook and guidance

• R&D expenses decreased 34.78% year-over-year due to lower self-funded research investment.

• Financial expenses increased due to lower interest income and higher exchange losses.