Keyence (6861) Q1 2026 earnings summary

Executive summary

• Net sales increased by 5.6% year-over-year to ¥261.1 billion (¥261,076 million) in FY2025 1Q.

• Operating income rose 4.8% year-over-year to ¥129.3 billion (¥129,301 million).

• Net income attributable to owners declined 1.5% year-over-year to ¥92.1 billion (¥92,116 million).

• Comprehensive income decreased 4.7% year-over-year to ¥96,743 million.

Financial highlights

• Gross profit grew 4.0% year-over-year to ¥215.7 billion (¥215,664 million), with gross margin at 82.6%.

• Operating income margin was 49.5%, down 0.4 points year-over-year.

• Ordinary income was ¥131,532 million, up 0.1% year-over-year.

• Earnings per share for the quarter were ¥379.82, down from ¥385.67 a year earlier.

• Equity ratio improved to 96.1% from 94.5% at the previous fiscal year-end.

Segment performance

• Japan sales grew 5.2% year-over-year in local currency; overseas sales rose 11.4%.

• Americas sales surged 14.2% year-over-year in local currency.

• Asia sales jumped 17.1% year-over-year in local currency.

• Europe & Others saw a 2.5% increase year-over-year in local currency.

• Overseas sales accounted for 67.3% of total sales in FY2025 1Q.