Yamaichi Electronics (6941) Q3 2026 earnings summary

Executive summary

• Q1–Q3 FY2025 net sales rose 9.6% YoY to ¥39,595m; operating income increased 29.1% to ¥9,312m and profit attributable to owners of parent rose 55.6%.

• Strong semiconductor and data center demand offset sluggish automotive markets; production capacity expansion and cost reduction remain plan priorities.

• FY2025 guidance was raised to record-high net sales of ¥52,000m and operating income of ¥11,000m, exceeding the medium-term plan’s final-year targets.

Financial highlights

• Q1–Q3 ordinary income was ¥9,623m, up 38.4%; EPS was ¥378.61 versus ¥221.01 a year earlier, and comprehensive income rose 64.2% to ¥8,125m.

• YoY increases were ¥3.4bn in net sales, ¥2.0bn in operating income, ¥2.4bn in net profit and ¥2.6bn in ordinary income.

• Reported FX movements reduced YoY net sales by ¥0.40bn and operating income by ¥0.37bn.

• Total assets increased to ¥58,306m from ¥53,389m at the prior fiscal year-end; the equity ratio improved to 75.5% from 74.0%.

Outlook and guidance

• FY2025 forecast: net sales ¥52,000m (+14.8%), operating income ¥11,000m (+33.7%), ordinary income ¥11,150m (+45.0%), profit attributable to owners of parent ¥8,050m (+53.6%) and EPS ¥437.01.

• Forecast exchange rates are ¥150/$ and ¥174/€; prior-year rates were ¥152.56/$ and ¥163.73/€.

• FY2023–FY2025 cumulative forecast is ¥133.7bn sales and ¥22.1bn operating income, equal to 96.2% and 88.6% of medium-term plan targets.

• TS outlook includes wearable, automotive and new smartphone socket demand, memory investment recovery and AI-server ASIC opportunities; CS expects robust datacenter demand and gradual automotive recovery.