Aichi Steel (5482) Q1 2027 earnings summary

Executive summary

• Revenue for the three months ended June 30, 2026, rose 8.7% year-over-year to ¥81,603 million, while operating profit declined 3.6% to ¥4,364 million.

• Profit attributable to owners of the parent decreased 11.1% year-over-year to ¥3,171 million.

• Comprehensive income increased 18.3% year-over-year to ¥5,249 million.

Financial highlights

• Gross profit for the quarter was ¥11,282 million, down from ¥11,829 million in the prior year.

• Basic earnings per share for the quarter was ¥49.54, compared to ¥50.83 a year earlier (adjusted for share split).

• Total assets increased to ¥406,337 million as of June 30, 2026, from ¥398,843 million at March 31, 2026.

• Equity attributable to owners of the parent stood at ¥236,665 million, with an equity ratio of 58.2%.

Outlook and guidance

• Full-year revenue forecast for fiscal year ending March 31, 2027, is ¥310,000 million, up 1.9% year-over-year.

• Operating profit is projected at ¥18,500 million, nearly flat year-over-year.

• Profit attributable to owners of the parent is forecast at ¥11,300 million, with basic EPS of ¥176.51.

• Dividend forecast for FY2027 is ¥150 per share, including ordinary and special dividends.