Yamaichi Electronics (6941) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY2026 were ¥14,650 million, down 3.1% year-over-year, with operating profit at ¥3,820 million, down 8.6% year-over-year, and profit attributable to owners at ¥2,786 million, down 12.4% year-over-year.

• The global economy faced uncertainty from U.S. tariffs and geopolitical risks, with strong U.S. consumer spending but weak demand in Europe and China.

• The electronic components market saw robust semiconductor and data center demand, but automotive and industrial machinery markets remained uncertain.

Financial highlights

• Gross profit for Q1 FY2026 was ¥6,347 million, down from ¥6,724 million year-over-year.

• Ordinary profit was ¥3,778 million, a 15.8% decrease year-over-year.

• EPS for Q1 FY2026 was ¥150.70, compared to ¥155.66 in the prior year.

• Comprehensive income for Q1 FY2026 was ¥2,678 million, down from ¥4,055 million year-over-year.

Outlook and guidance

• Full-year FY2026 guidance remains unchanged: net sales ¥47,400 million (+4.6% YoY), operating income ¥8,500 million (+3.3% YoY), profit attributable to owners ¥5,500 million (+4.9% YoY), EPS ¥298.58.

• No changes to dividend forecast; year-end dividend projected at ¥90 per share.