KOA Corporation (6999) Q1 2027 earnings summary

Executive summary

• Net sales for Q1 FY03/27 reached ¥20.9 billion, up 23.9% year-over-year, driven by strong demand in AI-related, industrial, and automotive equipment, as well as a weaker yen.

• Operating profit rose to ¥0.9 billion, a 70.2% increase year-over-year, supported by higher production volume and improved capacity utilization, though gains were limited by rising precious metal prices.

• Profit attributable to owners of parent surged to ¥1.6 billion, up 288.4% year-over-year, aided by a ¥0.8 billion income tax gain from the dissolution of a subsidiary.

Financial highlights

• Net sales: ¥20.9 billion (+23.9% YoY, +8.8% QoQ).

• Operating profit: ¥0.9 billion (+70.2% YoY, +56.8% QoQ).

• Ordinary profit: ¥1.3 billion (+148.0% YoY, +15.0% QoQ).

• Earnings per share for the quarter were ¥43.88, compared to ¥11.30 in the prior year.

• Comprehensive income reached ¥3,211 million, a 572.2% increase year-over-year.

Outlook and guidance

• Full-year FY03/27 net sales forecast revised upward to ¥87.3 billion (+20.8% YoY), with operating profit forecast at ¥5.4 billion (+47.0% YoY).

• Net income attributable to owners of parent projected at ¥7,740 million, up 95.9% year-over-year.

• Dividend forecast raised to ¥63 per share, with a payout ratio target of around 30%.