Rorze (6323) Q1 2027 earnings summary

Executive summary

• Net sales for Q1 FY2026 reached a record high of 37,206 million JPY, up 12.5% year-over-year, driven by strong demand in the semiconductor sector and favorable foreign exchange rates.

• Operating profit rose to 10,230 million JPY (up 21.2% YoY), with an operating margin of 27.5%.

• Profit attributable to owners of parent surged 56.0% year-over-year to 8,210 million JPY.

• Orders and order backlog hit record highs, with Semi orders at 42.0 billion JPY (1.9x YoY) and backlog at 62.2 billion JPY.

• Comprehensive income reached 8,692 million JPY, up from a loss of 317 million JPY in the prior year.

Financial highlights

• Ordinary profit increased 51.1% YoY to 10,938 million JPY.

• Gross profit for the quarter was 16,039 million JPY, up from 13,429 million JPY YoY.

• Basic earnings per share rose to 47.34 JPY from 29.91 JPY YoY.

• Net sales by region: USA (30% of total), Taiwan (27%), China (25%), with record highs in USA and Taiwan.

• Equity-to-asset ratio improved to 67.8% from 66.0% at the previous fiscal year-end.

Outlook and guidance

• Net sales achieved 47.9% of Q2 forecast; strong Semi order growth expected to drive further sales.

• All profit items exceeded 50% of first-half forecast, indicating a strong start.

• Full-year net sales forecast for fiscal year ending February 28, 2027, is 159,021 million JPY, up 23.5% YoY.

• Operating profit is projected at 38,112 million JPY, up 17.7% YoY.

• Annual dividend per share forecast is 20.00 JPY, up from 17.00 JPY in the previous year.