Aisin (7259) Q1 2027 earnings summary

Executive summary

• Revenue rose 7.8% year-over-year to ¥1,315.6 billion, driven by favorable FX despite lower vehicle and powertrain unit sales.

• Operating profit declined 23.6% year-over-year to ¥36.5 billion due to lower sales volumes and higher material costs, particularly from Middle East impacts.

• Net profit attributable to owners dropped 19.4% to ¥31.8 billion, mainly due to higher raw material costs and lower powertrain sales.

• Comprehensive income declined 60.1% to ¥8.7 billion, reflecting significant losses in other comprehensive income.

• Corporate structure improvements and cost reforms are progressing ahead of plan, supporting business performance in line with forecasts.

Financial highlights

• Revenue: ¥1,315.6 billion (up ¥95.3 billion, +7.8% year-over-year).

• Operating profit: ¥36.5 billion (down ¥11.3 billion, -23.6% year-over-year).

• Profit before income taxes: ¥47.8 billion (down ¥9.5 billion, -16.5% year-over-year).

• Net profit attributable to owners: ¥31.9 billion (down ¥7.7 billion, -19.4% year-over-year).

• Basic EPS: ¥44.48 (down from ¥52.31 year-over-year).

Outlook and guidance

• Full-year revenue forecast: ¥5,250.0 billion (+2.6% year-over-year); operating profit forecast: ¥235.0 billion (+2.7% year-over-year).

• Net profit forecast at ¥150 billion (-12.6% year-over-year); EPS forecast at ¥212.70.

• Forecasts remain unchanged; business performance is progressing in line with plan.

• Guidance incorporates planned share repurchase and treasury share cancellation.