AOI Electronics (6832) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, rose 8.6% year-over-year to ¥19,160 million, driven by higher orders for integrated circuits and functional components.

• Operating profit declined 11.8% year-over-year to ¥475 million due to increased raw material costs and higher R&D expenses for new business initiatives.

• Ordinary profit increased 11.0% year-over-year to ¥596 million, supported by foreign exchange gains.

• Profit attributable to owners of parent fell 13.6% year-over-year to ¥414 million.

Financial highlights

• Gross profit for the period was ¥3,335 million, up from ¥2,777 million in the prior year.

• Comprehensive income rose 17.2% year-over-year to ¥478 million.

• Basic earnings per share for the six months was ¥36.98, down from ¥42.78 a year earlier.

• Net assets increased to ¥43,069 million as of September 30, 2025, with an equity-to-asset ratio of 74.8%.

Outlook and guidance

• Full-year net sales forecast for the fiscal year ending March 31, 2026, is ¥38,800 million, up 10.9% year-over-year.

• Operating and ordinary profit are both forecast at ¥700 million, representing increases of 59.5% and 67.0% year-over-year, respectively.

• Profit attributable to owners of parent is projected at ¥480 million, up 169.6% year-over-year, with basic EPS of ¥42.86.

• Dividend forecast remains unchanged at ¥54.00 per share for the full year.