CKD (6407) Q1 2026 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2025, were ¥36,253 million, down 4.8% year-over-year, with operating profit at ¥3,772 million, down 13.6%, and profit attributable to owners of parent at ¥2,477 million, down 19.1%.

• The global economy remained uncertain due to geopolitical risks, with weak recovery in key markets such as semiconductors and rechargeable batteries.

• Semiconductor demand for generative AI remained strong, but automotive and industrial equipment segments were in adjustment.

Financial highlights

• Gross profit for the quarter was ¥10,547 million, down from ¥10,917 million year-over-year.

• Ordinary profit declined 18.5% year-over-year to ¥3,704 million.

• Basic earnings per share for the quarter were ¥37.09, compared to ¥45.87 in the prior year.

• Comprehensive income was ¥3,260 million, down from ¥4,424 million year-over-year.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026, remains unchanged: net sales of ¥156,000 million (+0.2% YoY), operating profit of ¥19,000 million (-0.1%), and profit attributable to owners of parent of ¥13,100 million (-3.1%).

• Basic earnings per share for the full year is forecast at ¥196.10.