C.Uyemura & Co (4966) Q1 2027 earnings summary

Executive summary

• Q1 revenue increased 29.6% year-over-year to ¥26,057 million, with operating profit up 27.0% to ¥5,728 million and net profit up 27.6% to ¥4,491 million.

• Growth was driven by strong demand for plating chemicals for semiconductor package substrates, AI server applications, and automotive electronics.

• The company focused on high value-added product development and expansion activities.

Financial highlights

• Gross profit for Q1 was ¥9,686 million, up from ¥7,972 million year-over-year.

• Comprehensive income for the quarter was ¥4,955 million, a 321.9% increase year-over-year.

• EPS for Q1 was ¥280.45, up from ¥218.15 year-over-year.

• Total assets at quarter-end were ¥139,077 million, with net assets of ¥114,799 million.

• Operating margin remained above 20% for the quarter.

Outlook and guidance

• Full-year revenue forecast is ¥95,840 million (+4.4% YoY), with net profit expected at ¥14,530 million (+4.2% YoY).

• Operating profit is forecast to decrease 4.7% year-over-year, and ordinary profit by 5.4%.

• No changes to previously announced full-year guidance: operating profit at ¥9,330 million, and net income at ¥7,100 million.

• Sensitivity: a ¥1 change in USD/JPY impacts annual revenue by ¥370 million and operating profit by ¥90 million.