Kunimine Industries (5388) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 was ¥4,184 million, up 12.5% year-over-year, with operating profit at ¥360 million, up 54.5% year-over-year, and net profit attributable to shareholders at ¥285 million, up 49.6% year-over-year.

• The business environment showed moderate recovery, supported by strong domestic demand in the auto sector and resilient capital investment, despite labor shortages and rising energy costs.

• The company focused on high value-added products, price adjustments, and cost reduction to secure profitability.

Financial highlights

• Operating profit increased to ¥360 million (54.5% YoY), and ordinary profit rose to ¥464 million (64.5% YoY), aided by a swing from a previous year’s forex loss to a gain.

• EPS for Q1 FY2027 was ¥23.44, up from ¥15.67 in the prior year.

• Comprehensive income for the quarter was ¥350 million, compared to a loss of ¥21 million in the prior year.

Outlook and guidance

• Full-year revenue forecast remains at ¥18,000 million, with operating profit of ¥1,700 million and net profit attributable to shareholders of ¥1,350 million; no change from previous guidance.

• The company expects continued cost pressures but maintains its outlook due to Q1 results tracking to plan.