Tomen Devices (2737) Q1 2027 earnings summary

Executive summary

• Net sales surged 286.4% year-over-year to ¥395,578 million, driven by strong demand in server/storage and automotive-related businesses, and sharply higher memory product prices.

• Operating profit rose to ¥22,282 million from ¥1,846 million a year earlier; profit attributable to owners of parent increased to ¥14,520 million from ¥1,270 million.

• Memory sales were the primary growth driver, with significant gains in server/storage and automotive applications.

Financial highlights

• Net sales: ¥395,578 million (up 286.4% year-over-year).

• Operating profit: ¥22,282 million (vs. ¥1,846 million prior year).

• Ordinary profit: ¥19,741 million (vs. ¥1,709 million prior year).

• Profit attributable to owners of parent: ¥14,520 million (vs. ¥1,270 million prior year).

• Basic earnings per share: ¥2,135.06 (vs. ¥186.76 prior year).

Outlook and guidance

• Full-year net sales forecast revised upward to ¥1,400,000 million (up 120.9% year-over-year).

• Operating profit forecast: ¥48,900 million (up 160.3% year-over-year).

• Profit attributable to owners of parent forecast: ¥30,000 million (up 199.5% year-over-year).

• Basic EPS forecast: ¥4,411.22.

• Dividend forecast raised to ¥1,640.00 per share for the year.