Mory Industries (5464) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 was ¥11,155 million, up 1.7% year-over-year, driven by higher sales prices despite some volume declines in key segments.

• Operating profit rose 19.1% to ¥1,288 million, and ordinary profit increased 15.7% to ¥1,439 million year-over-year.

• Net income attributable to shareholders was ¥952 million, up 10.6% from the prior year.

Financial highlights

• Gross profit margin improved to 25.4% from 23.8% year-over-year.

• Operating margin increased to 11.6% from 9.9% year-over-year.

• Total assets at quarter-end were ¥73,584 million, up ¥925 million from the previous fiscal year-end.

• Net assets increased to ¥58,971 million, with equity ratio at 80.1%.

• Inventory turnover improved to 3.12 months from 3.31 months year-over-year.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥44,300 million, with operating profit projected at ¥4,100 million and net income at ¥3,200 million.

• No revision to previously announced earnings guidance.