Alps Alpine (6770) Q4 2026 earnings summary

Executive summary

• Net sales rose 2.9% year-over-year to ¥1,019.5 billion, with operating income up 23.3% to ¥42.0 billion and ordinary income up 61% to ¥49.1 billion, while profit attributable to owners of parent declined due to the absence of extraordinary gains from asset sales and business transfers recorded in the prior year.

• Comprehensive income more than doubled to ¥65.4 billion, driven by strong foreign currency translation gains and defined benefit plan remeasurements.

• The business environment remained uncertain due to global economic and geopolitical factors, but automotive and mobile markets showed modest improvement.

• Operating income and sales exceeded the January 30 forecast, mainly due to strong Mobility business performance and improved cost recovery.

Financial highlights

• Net sales rose to ¥1,019.5 billion, up 2.9% year-over-year.

• Operating income increased 23.3% to ¥42.0 billion.

• Ordinary income surged 61% to ¥49.1 billion.

• Profit attributable to owners of parent dropped to ¥26.9 billion, reflecting the absence of prior-year extraordinary gains.

• Equity ratio improved to 57.1%.

Outlook and guidance

• FY2026 net sales are forecast at ¥1,045.0 billion, with operating income projected at ¥48.5 billion.

• Profit attributable to owners of parent is expected to rise to ¥30.0 billion.

• Dividend policy targets a 3% DOE, with scheduled year-end and interim dividends of 32 yen each; FY27 dividend forecast is ¥64 per share.

• Segment guidance: Component Segment sales to rise but operating profit to decline; Sensor and Communication Segment to see growth in both sales and profit; Mobility Segment sales to decrease but profit to rise.