PILLAR (6490) Q1 2027 earnings summary

Executive summary

• Q1 FY2027 saw significant growth in both sales and income, driven by a recovery in the semiconductor market and robust demand for related products.

• Net sales for the three months ended June 30, 2026, rose 35.6% year-over-year to ¥18,304 million, with operating profit up 83.4% to ¥4,963 million and profit attributable to owners of parent up 85.8% to ¥3,673 million.

• Comprehensive income surged 253.8% year-over-year to ¥6,114 million for the quarter.

• Orders received and order backlog reached record highs, reflecting strong market momentum.

• The company revised its full-year forecast upward, anticipating continued high demand and improved profitability.

Financial highlights

• Q1 sales rose 35.6% year-over-year to 18.3 billion yen; operating income increased 83.4% to 4.96 billion yen.

• Ordinary income grew 94.2% year-over-year to 5.37 billion yen; net income climbed 85.8% to 3.67 billion yen.

• Gross profit increased from ¥5,504 million to ¥8,408 million year-over-year for the quarter.

• Orders received surged 88.3% year-over-year to 27.2 billion yen; order backlog up 91.6% to 25.4 billion yen.

• Net earnings per share for Q1 reached 160.69 yen, up from 84.95 yen a year earlier.

Outlook and guidance

• Full-year sales forecast revised upward to 83.0 billion yen (+39.5% YoY); operating income forecast at 20.0 billion yen (+65.2% YoY).

• Net income forecast raised to 14.0 billion yen (+56.6% YoY); EPS projected at 612.39 yen.

• Ordinary profit forecasted at 20.4 billion yen (+57.6% YoY).

• Annual dividend forecast increased to 245 yen per share, with a payout ratio target of 40%.