Yodoko (5451) Q1 2027 earnings summary

Executive summary

• Sales increased in Japan due to higher steel sheet volumes, but overall earnings declined from higher costs.

• Overseas, both sales and earnings fell, mainly from lower volumes at SYSCO (Taiwan).

• Profit attributable to owners of parent rose due to a gain on sale of non-current assets.

Financial highlights

• 1Q FY3/27 net sales: ¥51.51B, down 2.4% year-over-year; operating profit: ¥3.85B, down 8.2%.

• Ordinary profit: ¥5.00B, down 2.4% year-over-year.

• Profit attributable to owners of parent: ¥3.70B, up 9.1% year-over-year.

Outlook and guidance

• Full-year FY3/27 sales and earnings forecasts revised upward, reflecting smaller-than-expected impact from inflation and Middle East disruptions.

• Planned annual dividend of ¥62 per share (¥20 interim, ¥42 year-end).