Inaba Denki Sangyo (9934) Q1 2027 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2026, rose 29.3% year-over-year to ¥113,108 million, with operating profit up 90.4% to ¥10,810 million and profit attributable to owners of parent up 72.2% to ¥8,115 million.

• Comprehensive income surged 133.8% year-over-year to ¥14,683 million for the quarter.

Financial highlights

• Gross profit increased from ¥16,259 million to ¥22,842 million year-over-year, while operating profit nearly doubled from ¥5,679 million to ¥10,810 million.

• Ordinary profit rose 77.5% to ¥11,752 million, and basic earnings per share increased to ¥72.28 from ¥41.99 year-over-year (adjusted for share split).

• Equity-to-asset ratio improved to 64.9% as of June 30, 2026, from 62.9% at March 31, 2026.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2027: net sales of ¥436,000 million (+4.6% YoY), operating profit of ¥32,900 million (+10.7% YoY), ordinary profit of ¥34,400 million (+8.3% YoY), and profit attributable to owners of parent of ¥23,700 million (+1.2% YoY).

• Basic earnings per share for the year forecast at ¥211.13.