Kikusui Holdings (6912) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 was ¥3,815 million, up 24.9% year-over-year, driven by strong demand in automotive, semiconductor, and data center markets.

• Operating income rose 155.1% to ¥708 million, and net income attributable to shareholders increased 105.1% to ¥527 million year-over-year.

• The company focused on power electronics solutions for e-mobility, next-gen energy, power semiconductors, and data centers.

Financial highlights

• Gross profit increased to ¥2,043 million from ¥1,483 million year-over-year.

• Operating margin improved significantly due to higher sales despite increased personnel and procurement costs.

• Comprehensive income for the quarter was ¥672 million, up 92.8% year-over-year.

• Overseas sales grew 46.1% year-over-year to ¥1,859 million, with notable growth in the US, China, and Southeast Asia.

Outlook and guidance

• Full-year revenue forecast revised to ¥15,700 million, up 6.9% from the previous year.

• Full-year net income forecast raised to ¥1,810 million, up 12.5% year-over-year.

• Interim and year-end dividends are projected at ¥59 per share each.