Furuya Metal (7826) Q1 2027 earnings summary

Executive summary

• Q1 FY2027 revenue reached ¥37,584M and ordinary income ¥13,098M; revenue and all profit measures set quarterly records, driven by electronics and digital-sector demand.

• All segments increased YoY in sales and gross profit, led by Electronics and Thin Film.

Financial highlights

• Revenue was ¥37,584M (+62.0% YoY), gross profit ¥14,408M (+223.7%) and operating income ¥13,042M (+282.4%).

• Ordinary income rose 290.2% to ¥13,098M; net income attributable to owners of parent rose 280.6% to ¥8,863M.

• Gross profit ratio was 38.3% (+19.1 points YoY); ordinary income ratio was 34.8% (+20.3 points).

• Basic EPS was ¥360.31 versus ¥94.76 a year earlier; diluted EPS was ¥359.13 versus ¥94.45.

Outlook and guidance

• FY2027 budgets remain unchanged: revenue ¥101,000M, operating income ¥26,500M, ordinary income ¥26,000M and net income ¥17,700M.

• Q1 achieved 37.2% of the revenue budget, 49.2% of operating income, 50.4% of ordinary income and 50.1% of net income.

• Forecast EPS is ¥719.53; planned annual dividend is ¥180 per share, comprising ¥0 interim and ¥180 year-end, versus ¥165 for FY2026.

• OLED-related compounds are expected to recover toward H2; semiconductor and AI investment trends and higher precious-metal procurement costs remain under watch.