AOI Electronics (6832) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 FY2027 was ¥10,961 million, up 17.6% year-over-year, driven by recovery in consumer electronics demand.

• Operating income rose to ¥525 million, a 135.3% increase year-over-year, despite higher raw material costs and increased R&D for new businesses.

• Net income attributable to shareholders was ¥364 million, up 79.2% year-over-year.

• The company continues to invest in high-value-added and advanced products, focusing on strengthening supply chain resilience and optimizing business structure.

Financial highlights

• Gross profit for Q1 FY2027 was ¥2,150 million, up from ¥1,591 million in the prior year.

• Comprehensive income for Q1 FY2027 was ¥524 million, a 163.5% increase year-over-year.

• EPS for Q1 FY2027 was ¥32.55, compared to ¥18.16 in the prior year.

• Total assets at quarter-end were ¥61,922 million, with net assets of ¥43,444 million and an equity ratio of 70.2%.

Outlook and guidance

• Full-year FY2027 revenue forecast is ¥44,000 million, up 14.8% year-over-year.

• Operating income is projected at ¥300 million, down 2.1% year-over-year, with net income forecast at ¥230 million, up 228%.

• No changes to previously announced guidance; management will update if significant changes occur.