Sanyo Industries (5958) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 was ¥5,718 million, a 1.6% decrease year-over-year.

• Operating profit declined 8.0% to ¥90 million, and ordinary profit fell 1.1% to ¥154 million year-over-year.

• Net income attributable to shareholders was ¥91 million, down 2.3% year-over-year.

• The business environment remained challenging due to sluggish construction demand and rising costs.

Financial highlights

• Gross profit increased to ¥1,736 million from ¥1,698 million year-over-year.

• Operating margin was 1.6%, and net margin was 1.6% for the quarter.

• Comprehensive income was ¥106 million, down from ¥177 million in the prior year.

• Total assets decreased to ¥26,841 million from ¥28,651 million at the previous fiscal year-end.

• Equity ratio improved to 77.3% from 73.0% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥29,500 million, up 1.9% year-over-year.

• Full-year operating profit forecast is ¥1,750 million, up 4.4% year-over-year.

• Net income forecast for the year is ¥1,300 million, up 7.1% year-over-year.

• No revisions to previously announced guidance.