ROHM (6963) Q1 2027 earnings summary

Executive summary

• Net sales reached ¥135.7 billion in Q1 FY2026, up 16.8% year-over-year, driven by growth in automotive, industrial, and computer/storage markets.

• Operating profit surged to ¥9.6 billion from break-even last year, reflecting higher sales, lower depreciation, and a weaker yen.

• Net profit rose to ¥9.0 billion, up 203.6% year-over-year; ordinary profit increased 352.6% to ¥11.2 billion.

• Strong demand in automotive, industrial, SiC, and AI/server-related markets; segment losses narrowed.

• Integration discussions ongoing with Toshiba D&S and Mitsubishi Electric's power device business.

Financial highlights

• Net sales: ¥135.7 billion (+16.8% YoY, +21.6% QoQ); net income per share: ¥23.33.

• Operating profit: ¥9.6 billion (+4,825.6% YoY, +729.7% QoQ); EBITDA: ¥18.5 billion (+38.5% YoY).

• Net profit: ¥9.0 billion (+203.6% YoY); comprehensive income: ¥25.8 billion.

• Equity ratio improved to 59.6%; total assets increased to ¥1,298.2 billion.

• SiC business sales up 53% YoY; server-related sales up 67% YoY.

Outlook and guidance

• Full-year FY2026 sales forecast unchanged at ¥510.0 billion (+6.0% YoY); operating profit projected at ¥30.0 billion.

• Profitability in SiC business expected to improve from Q2 onward.

• Annual dividend forecast maintained at ¥50 per share.

• Plans to increase utilization rates and invest in capacity expansion to meet demand.

• Outlook remains cautious due to global uncertainties.