SPK (7466) Q1 2027 earnings summary

Executive summary

• Automotive aftermarket demand remained firm in Japan and overseas; Q1 revenue and operating profit rose YoY, marking a steady start to the final year of VISION2030 2nd Cycle.

• Revenue was ¥19,555 million, up 9.0% YoY, and operating profit was ¥1,049 million, up 31.5%.

• Ordinary profit increased 29.4% to ¥1,099 million; net income attributable to parent shareholders increased 22.9% to ¥705 million.

• Comprehensive income more than doubled to ¥738 million, up 108.7% YoY.

Financial highlights

• Gross profit increased ¥338 million YoY; personnel costs rose ¥88 million and logistics costs rose ¥18 million, while other expenses declined ¥19 million, contributing to a ¥251 million increase in operating profit.

• Basic earnings per share was ¥34.95, up from ¥28.46 a year ago; per-share figures reflect the 2-for-1 stock split.

• Total assets were ¥46,948 million and net assets were ¥29,667 million at June 2026.

Outlook and guidance

• FY2026 targets: revenue ¥80,000 million, operating profit ¥3,700 million, ordinary profit ¥3,900 million and net income ¥2,730 million.

• Q1 progress against FY targets: revenue 24.4%, operating profit 28.3%, ordinary profit 28.1% and net income 25.8%.

• Full-year basic EPS forecast is ¥135.22; annual dividend forecast is ¥73.00 per share, reflecting the stock split.