Aida Engineering (6118) Q1 2027 earnings summary

Executive summary

• Orders surged 44.2% year-over-year to ¥20,512 million, led by a rebound in customized and general-purpose presses, especially in North America and India, with order backlog up 8.8% to ¥63,560 million.

• Net sales declined 17.3% year-over-year to ¥15,347 million, mainly due to a temporary slowdown in press acceptances and lower high-speed press sales.

• Gross profit fell 13.3% year-over-year to ¥3,486 million, with service and automation gains unable to offset lower press sales.

• Operating income dropped 63.9% year-over-year to ¥457 million, mainly from lower gross profit and higher SG&A expenses.

• Net income decreased 48.5% year-over-year to ¥484 million, reflecting the above factors.

Financial highlights

• Orders: ¥20,512 million, up 44.2% year-over-year.

• Net sales: ¥15,347 million, down 17.3% year-over-year.

• Gross profit: ¥3,486 million, down 13.3% year-over-year; gross margin improved to 22.7%.

• Comprehensive income surged to ¥2,440 million, up 157.9% year-over-year, mainly due to gains in valuation difference on available-for-sale securities.

• Net assets per share increased to ¥1,595.48 as of June 30, 2026.

Outlook and guidance

• Performance expected to improve from 2Q onward as sales recover.

• Full-year forecast remains unchanged: net sales of ¥80,000 million (+1.7%), operating income of ¥5,700 million (+0.2%), and net income attributable to owners of ¥4,300 million (+0.9%).

• Dividend forecast is maintained at ¥39.00 per share.