AOI Electronics (6832) Q2 2027 earnings summary

Executive summary

• H1 revenue reached ¥22,701 million (+18.5% YoY), operating profit ¥889 million (+87.1%), ordinary profit ¥724 million (+21.5%), and net income ¥588 million (+42.0%).

• Consumer-device demand recovery supported sales; higher raw-material costs and R&D spending for new businesses weighed on profit.

Financial highlights

• H1 gross profit was ¥4,131 million, up ¥796 million YoY; SG&A was ¥3,241 million, up ¥381 million.

• EPS was ¥52.09 versus ¥36.98 in H1 FY2026.

• A depreciation-method change increased H1 operating, ordinary and pretax profit by ¥313 million each; reported profit growth was lower excluding the effect.

Outlook and guidance

• FY2027 guidance unchanged: revenue ¥44,000 million, operating profit ¥300 million, ordinary profit ¥300 million and net income ¥230 million.

• Annual dividend forecast remained ¥54 per share, comprising ¥25 interim and ¥29 year-end; interim payment scheduled for Dec. 1, 2026.

• Forecasts remain subject to global economic and market conditions, with revisions possible if necessary.