Enplas (6961) Q1 2027 earnings summary

Executive summary

• Achieved significant year-over-year growth in both sales and profits for the first quarter of FY2027.3, with sales reaching a record high, particularly in the semiconductor segment driven by AI server demand and automotive applications.

• Net sales for the quarter ended June 30, 2026, rose 39.7% year-over-year to ¥12,572 million, with significant profit growth across all major metrics.

• Operating income, ordinary income, and profit attributable to owners of parent all saw substantial increases compared to the same quarter last year.

• Profit attributable to owners of parent surged 391.9% year-over-year to ¥1,782 million.

• Comprehensive income reached ¥2,329 million, a dramatic increase from ¥85 million in the prior year.

Financial highlights

• Sales rose 39.7% YoY to ¥12,572 million; operating income increased 157.2% YoY to ¥2,329 million; ordinary income up 191.2% YoY to ¥2,404 million; profit attributable to owners of parent up 391.9% YoY to ¥1,782 million.

• Operating margin improved to 18.5% from 10.1% YoY.

• Earnings per share increased to ¥197.30 from ¥41.03 YoY.

• Gross profit for the quarter was ¥6,097 million, up from ¥3,990 million year-over-year.

• Equity-to-asset ratio remained high at 86.9% as of June 30, 2026.

Outlook and guidance

• Full-year sales forecast at ¥48,000 million, operating income at ¥6,400 million, and profit attributable to owners of parent at ¥5,000 million.

• Semiconductor and energy saving solution segments expected to drive growth, with strong demand in AI servers and automotive SoCs.

• SGA expenses projected to rise due to growth investments and increased depreciation from new facilities and IT systems.

• Dividend forecast unchanged at ¥90 per share for the full year.

• Profit attributable to owners of parent is forecast at ¥5,000 million, down 4.5% year-over-year.