Yamaichi Electronics (6941) Q1 2027 earnings summary

Executive summary

• Net sales for Q1 FY2027 rose 35.8% year-over-year to ¥19,893 million, with operating profit up 55.8% to ¥5,953 million and profit attributable to owners of parent up 55.3% to ¥4,326 million, all reaching record quarterly highs.

• Strong performance was driven by robust demand in semiconductor and data center markets, especially in AI-related fields, while the automotive market remained sluggish.

• The company launched its Fifth Medium-Term Management Plan, focusing on growth, structural reforms, and sustainability.

Financial highlights

• Gross profit increased to ¥9,199 million from ¥6,347 million year-over-year.

• Ordinary profit rose 63.0% year-over-year to ¥6,161 million.

• Diluted net profit per share was ¥234.44, up from ¥150.70 in the prior year.

• Comprehensive income for Q1 was ¥4,606 million, up 72.0% year-over-year.

Outlook and guidance

• Full-year FY2027 net sales forecast revised to ¥65,800 million, up 24.9% year-over-year.

• Operating income forecast at ¥15,000 million (+29.8%), profit attributable to owners of parent at ¥10,300 million (+13.5%).

• Net profit per share forecast at ¥557.89 for the year.

• Dividend forecast revised to ¥168.00 per share for FY2027.