AOI Electronics (6832) Q4 2025 earnings summary

Executive summary

• FY2025 revenue rose 3.0% to ¥34,974 million; operating income was ¥438 million, ordinary income ¥419 million and net income ¥178 million, reversing prior-year losses.

• Integrated-circuit and functional-component sales grew on stronger orders for mobile and consumer-electronics components and thermal print heads.

• Lower depreciation after prior-year impairment losses partly offset pressure from higher raw-material prices.

• The outlook remains uncertain amid geopolitical risks, supply-chain disruptions and uneven demand in EV, industrial-equipment and other markets.

Financial highlights

• Gross profit rose 88.8% to ¥5,210 million; gross margin increased to 14.9% from 8.1%.

• Operating income was ¥438 million versus a ¥1,548 million loss; ordinary income was ¥419 million versus a ¥1,287 million loss.

• Net income attributable to owners of parent was ¥178 million versus a ¥5,260 million loss; basic EPS was ¥15.90 versus a loss per share of ¥439.81.

• Operating margin improved to 1.3% from -4.6%; ordinary and net income margins were 1.2% and 0.5%, versus -3.8% and -15.5%.

• Comprehensive income was ¥359 million versus a ¥4,769 million loss year-over-year.

Outlook and guidance

• FY2026 forecast: revenue ¥38,800 million, operating income ¥500 million, ordinary income ¥500 million and net income ¥450 million.

• Revenue is forecast to rise 10.9%, ordinary income 19.3% and net income attributable to owners of parent 152.7%; priorities include productivity, cost reductions and investment in new business fields.