Casio Computer Co (6952) Q1 2027 earnings summary

Executive summary

• Q1 net sales reached ¥74.5 billion, up 19.8% year-on-year, driven by strong Timepiece and Consumer segment growth, with record operating, ordinary, and net profits for the first quarter.

• Operating profit surged to ¥12.8 billion, up 243.5% year-on-year, with an operating margin of 17.2%.

• EPS for the quarter was ¥41.92, compared to ¥16.32 in the prior year.

• Upward revision of full-year forecast, driven by strong Timepiece segment performance and U.S. tariff refunds.

Financial highlights

• Q1 ordinary profit was ¥13.4 billion, up over 200% year-on-year; profit attributable to owners was ¥9.4 billion, up over 150% year-on-year.

• EPS increased to ¥41.92 year-over-year.

• Full-year forecast: net sales ¥300 billion, operating profit ¥34 billion, net profit ¥23.5 billion, EPS ¥106.5.

• Gross profit increased to ¥37.4 billion from ¥25.9 billion year-over-year.

• Equity-to-asset ratio stood at 67.1% at quarter-end.

Outlook and guidance

• Full-year sales forecast raised by ¥5 billion to ¥300 billion, operating profit by ¥8 billion to ¥34 billion, mainly due to Timepiece segment outperformance and U.S. tariff refunds.

• OPM expected to improve to 11.3% for the full year.

• Exchange rates assumed at USD/JPY 155, EUR/JPY 180, CNY/JPY 22.5.

• Continued focus on brand strategy and product innovation to sustain growth.