Japan Aviation Electronics Industry (6807) Q1 2026 earnings summary

Executive summary

• Q1 FY2025 net sales declined 7.1% year-over-year to ¥51.6 billion, mainly due to weak demand in mobile devices and yen appreciation.

• Operating profit margin dropped to 2.9% from 6.8% in Q1 FY2024, with operating profit down 60.8% to ¥1.5 billion.

• Net profit attributable to owners of parent fell 72.7% to ¥0.9 billion, and comprehensive income dropped 97.6% to ¥153 million.

• All major business segments experienced lower sales and profits compared to both the previous quarter and the same quarter last year.

• JAE Tijuana, S.A. de C.V. was newly consolidated from this quarter due to increased significance.

Financial highlights

• Net sales: ¥51.6 billion, down 7% year-over-year and 6% sequentially.

• Operating profit: ¥1.5 billion, down 61% year-over-year and 64% sequentially.

• Net profit: ¥0.9 billion, down 73% year-over-year and 70% sequentially.

• Gross profit for the quarter was ¥7,944 million, down from ¥10,416 million year-over-year.

• Basic earnings per share fell to ¥12.70 from ¥46.56 in the prior year period.

Outlook and guidance

• Full-year net sales forecast remains at ¥240,000 million, down 3.0% year-over-year.

• Operating profit for the year is projected at ¥18,500 million, up 18.5% year-over-year.

• Profit attributable to owners of parent is forecast at ¥17,500 million, up 12.1% year-over-year.

• Dividend forecast unchanged at ¥60.00 per share for the year.