Wedge Industrial (000534) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥359.78 million, up 7.39% year-over-year.

• Net profit attributable to shareholders was ¥77.47 million, a 6.58% increase year-over-year.

• Cash flow from operating activities was negative at -¥26.81 million, declining further from last year.

• Total assets grew 17.25% to ¥5.38 billion compared to year-end 2025.

Financial highlights

• Operating income rose to ¥359.78 million from ¥335.04 million year-over-year.

• Net profit excluding non-recurring items was ¥71.87 million, up 4.02% year-over-year.

• Basic EPS increased to ¥0.1534 from ¥0.1457 year-over-year.

• Weighted average ROE was 4.70%, down 0.40 percentage points from year-end 2025.

• Non-recurring gains included government subsidies and other income totaling ¥10.99 million.

Outlook and guidance

• Strategic investors were introduced to a key subsidiary, with significant capital injection and share transfer completed in March 2026.