SWCC Corporation (5805) Q1 2027 earnings summary

Executive summary

• Net sales for Q1 FY2026 rose 24.9% year-over-year to ¥77.7 billion, with operating profit up 80.4% to ¥8.7 billion, driven by growth in power infrastructure, communication, and semiconductor segments, and higher copper prices.

• Profit attributable to owners of parent increased 92.2% year-over-year to ¥5.7 billion.

• Comprehensive income for the quarter was ¥7,840 million, up 245.6% year-over-year.

• Supply chain disruptions eased, while resource prices remained high due to Middle East tensions.

• Full-year forecasts were revised upward, anticipating continued favorable business conditions and increased shareholder returns.

Financial highlights

• Q1 FY2026 net sales rose 24.9% year-over-year to ¥77.7 billion; operating profit surged 80.4% to ¥8.7 billion.

• Ordinary profit for the quarter was ¥8,665 million, up 80.7% year-over-year.

• Basic earnings per share for the quarter were ¥192.74, compared to ¥100.42 in the prior year.

• Total assets as of June 30, 2026, were ¥220,401 million, with net assets at ¥109,914 million.

• Operating profit margin improved to 11.1% from 7.7% year-over-year.

Outlook and guidance

• FY2026 full-year net sales forecast revised up to ¥330.0 billion, operating profit to ¥33.0 billion, and profit attributable to owners of parent to ¥23.0 billion—all record highs.

• Basic earnings per share for the full year are forecast at ¥776.43.

• Dividend forecast raised to ¥311 per share, a 40.1% payout ratio.

• Operating profit expected to be evenly split between first and second half.

• Dividend per share for FY ended March 31, 2026, was ¥223.00; forecast for FY ending March 31, 2027, is ¥311.00.