Kikusui Holdings (6912) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥3,055 million, up 13.5% year-over-year, driven by strong demand in GX, automotive, semiconductor, and data center markets.

• Operating profit declined 10.5% year-over-year to ¥277 million due to higher procurement and labor costs.

• Net profit attributable to shareholders rose 23.2% year-over-year to ¥257 million, reflecting improved bottom-line efficiency.

• Overseas sales increased 12.4% year-over-year, with notable growth in the US and Asia, despite some weakness in Europe.

Financial highlights

• Gross profit increased as revenue grew, but operating margin was pressured by rising costs.

• Comprehensive income for the quarter was ¥348 million, up 91.8% year-over-year.

• EPS for Q1 FY2026 was ¥30.96, compared to ¥25.18 in the prior year.

• Total assets at quarter-end were ¥17,101 million, down from ¥17,450 million at the previous fiscal year-end.

• Equity ratio improved to 81.7% from 80.6% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast remains at ¥13,500 million, with operating profit projected at ¥930 million and net profit at ¥1,450 million.

• No changes to previously announced guidance; management will update if revisions become necessary.