Sankyu (9065) Q1 2027 earnings summary

Executive summary

• Net sales increased 0.4% YoY to ¥154,564 million; operating profit rose 6.2% to ¥10,218 million, and profit attributable to owners of parent grew 40.9% to ¥8,873 million.

• Sales and operating profit exceeded quarterly forecasts; Middle East-related impacts remained limited.

• Sluggish Chinese demand and Middle East tensions weighed on the global outlook, while semiconductor and AI investment provided resilience.

Financial highlights

• Ordinary profit increased 11.0% YoY to ¥10,832 million.

• Comprehensive income rose 234.7% YoY to ¥9,268 million; basic EPS was ¥177.02 versus ¥120.28 a year earlier.

• Equity ratio was 53.6% as of June 30, 2026; net assets increased 0.9% from March 31 to ¥309,832 million.

• Gross profit rose to ¥18,544 million from ¥17,147 million.

Outlook and guidance

• FY2027 forecast remains unchanged: net sales ¥638,500 million, operating profit ¥47,000 million and profit attributable to owners of parent ¥33,000 million.

• Forecast reflects YoY growth of 1.1% in net sales, 8.7% in operating profit and 4.7% in profit attributable to owners of parent.

• A 5-for-1 stock split is planned for October 1, 2026; EPS guidance reflects the split.