MATSUDA SANGYO (7456) Q1 2027 earnings summary

Executive summary

• Net sales, operating income, and net income all increased year-over-year in the first quarter of FY3/27, with net sales rising 42.3% to ¥208,650 million, operating profit up 175.6% to ¥10,315 million, and profit attributable to owners of parent up 153.1% to ¥7,623 million.

• Precious Metals segment saw strong growth driven by demand in electronic devices and AI data centers, supported by higher precious metal prices.

• Food Business segment faced lower sales volumes but improved profit margins due to cost pass-through and value-added products.

Financial highlights

• Net sales rose to ¥208.6 billion, up 42.3% year-over-year; operating profit increased to ¥10.3 billion, up 175.6%; ordinary profit reached ¥10.9 billion, up 176.1%.

• Gross profit increased to ¥17,035 million from ¥10,167 million year-over-year.

• Comprehensive income surged to ¥8,309 million, up 223.5% year-over-year.

• Basic earnings per share rose to ¥294.99 from ¥116.23 year-over-year.

• Equity-to-asset ratio improved to 59.0% from 52.0% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast revised upward to ¥740.0 billion, up 31.8% year-over-year.

• Operating profit forecast raised to ¥28.5 billion; ordinary profit to ¥29.6 billion; net profit to ¥20.6 billion.

• Annual dividend forecast raised to ¥120.00 per share.