Ibiden (4062) Q1 2027 earnings summary

Executive summary

• Net sales for the first quarter ended June 30, 2026, rose 26.4% year-over-year to ¥123,219 million, with operating profit up 52.4% to ¥26,880 million and profit attributable to owners of parent up 40.8% to ¥17,918 million.

• Comprehensive income decreased 8.8% year-over-year to ¥19,190 million.

Financial highlights

• Gross profit increased by ¥9,801 million year-over-year to ¥44,873 million, with a gross margin improvement.

• Basic earnings per share for the quarter were ¥64.14, reflecting the impact of a stock split.

• Cash and deposits rose to ¥373,366 million, up ¥77,684 million from March 2026.

• Net cash provided by operating activities surged to ¥95,892 million, up ¥86,329 million year-over-year.

Outlook and guidance

• Full-year FY2026 net sales forecast is ¥550,000 million, up 32.1% year-over-year, with operating income expected to double to ¥127,000 million.

• Profit attributable to owners of parent is projected at ¥84,000 million, up 31.8% year-over-year.

• EPS forecast for FY2026 is ¥149.68, or ¥299.35 without considering the October 2026 stock split.