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Financial results presentation6616TOREX SEMICONDUCTOR LTD.Electrical Equipment and Precision Instruments

Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, consolidated revenue and operating profit increased, driven by higher sales at トレックス and フェニテック and the positive impact of the weaker yen. The full-year forecasts for operating profit, ordinary profit and net income were revised upward due to further yen depreciation and higher-than-expected dividend income.

Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
15.4
% (increase from the initial operating profit forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,564 million+11.9%
Operating profit¥885 million+436.3%
Ordinary income¥1,113 million
Net income¥911 million
Operating profit margin13.5 %
Results for the three months of the current quarter
Net Sales
¥6,564 million
Operating profit
¥885 million
Ordinary income
¥1,113 million
Profit attributable to owners of parent for the quarter
¥911 million
Full-year earnings forecast
Net Sales
¥28,000 million
Operating profit
¥1,500 million
Ordinary income
¥1,600 million
Profit attributable to owners of the parent
¥1,600 million
EPS
¥151.05
Average exchange rate
155 Yen/Dollar
Depreciation and amortization
¥2,000 million
Capital expenditure
¥1,600 million
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average exchange rate
155 Yen/Dollar
New initiatives
  • Rollout of the XC8115/XC8116 series of multifunction load-switch ICs
  • Expansion of medium- and high-voltage DC-DC converter products for robotics
  • Development of new SiC devices and expansion of mass production
  • Joint research with Hiroshima University under the SiC-IC social implementation project
  • Development of HDT MOSFETs and SSGT MOSFETs for Si power devices
  • Transfer of production from the Okayama No. 1 Plant to the Kagoshima Plant
Key KPIsA metric the company considers important as a management benchmark.
  • EPS¥86.06
  • Overseas revenue ratio74 %
    Year-on-year change3.4
    Year-on-year comparison unitPoints
  • Average exchange rate160.5 Yen/Dollar
  • Depreciation¥406 million
    Year on year against the same period last year-16.5%
  • Capital expenditure¥422 million
    Year on year against the same period last year+23.8%
Segment results
トレックス
Net Sales
¥2,761 million
Operating profit
¥511 million
フェニテック
Net Sales
¥3,803 million
Operating profit
¥374 million
Financial targets
Equity ratio
54.4 %
Debt-to-equity ratio
0.63 times
Number of stores and locations
Number of locations at period end15 Location
Number of store openings and closures during the periodThe Kyoto Sales Office relocated on 8 June 2026
Number of employees
The Company181 People
Group1,014 People
Capital expenditures
¥422 million Q1 actual
Annual Dividend
¥56 per share
Payout ratio
20 % or higher
DOE
3 Approximately %
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥6,564 million (YoY +11.9%)
Operating profit¥885 million (YoY +436.3%)
Ordinary income¥1,113 million
Net income¥911 million
Operating profit margin13.5 %
Results for the three months of the current quarterNet Sales ¥6,564 million / Operating profit ¥885 million / Ordinary income ¥1,113 million / Profit attributable to owners of parent for the quarter ¥911 million
Full-year earnings forecastNet Sales ¥28,000 million / Operating profit ¥1,500 million / Ordinary income ¥1,600 million / Profit attributable to owners of the parent ¥1,600 million / EPS ¥151.05 / Average exchange rate 155 Yen/Dollar / Depreciation and amortization ¥2,000 million / Capital expenditure ¥1,600 million
Segment resultsトレックス Net Sales ¥2,761 million / Operating profit ¥511 million / フェニテック Net Sales ¥3,803 million / Operating profit ¥374 million
Key KPIsIndicator name EPS / Value ¥86.06 / Year on year against the same period last year Not disclosed, Indicator name Overseas revenue ratio / Value 74 % / Year-on-year change 3.4 % / Year-on-year comparison unit Points, Indicator name Average exchange rate / Value 160.5 Yen/Dollar / Year on year against the same period last year Not disclosed, Indicator name Depreciation / Value ¥406 million / Year on year against the same period last year ¥-16.5 million, Indicator name Capital expenditure / Value ¥422 million / Year on year against the same period last year ¥23.8 million
Number of stores and locationsNumber of locations at period end 15 Location / Number of store openings and closures during the period The Kyoto Sales Office relocated on 8 June 2026
Number of employeesThe Company 181 People / Group 1,014 People
Assumptions Underlying the Business OutlookAverage exchange rate 155 Yen/Dollar
Financial targetsEquity ratio 54.4 % / Debt-to-equity ratio 0.63 times
Annual Dividend¥56 per share
Payout ratio20 % or higher
Capital expenditures¥422 million (Q1 actual)
New initiativesRollout of the XC8115/XC8116 series of multifunction load-switch ICs, Expansion of medium- and high-voltage DC-DC converter products for robotics, Development of new SiC devices and expansion of mass production, Joint research with Hiroshima University under the SiC-IC social implementation project, Development of HDT MOSFETs and SSGT MOSFETs for Si power devices, Transfer of production from the Okayama No. 1 Plant to the Kagoshima Plant
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the first quarter, トレックス recorded higher sales in all regions other than North America and across all fields other than wearable devices, while フェニテック recorded higher sales in all regions other than Europe and across all fields other than medical devices. In addition to higher sales, operating profit benefited from a temporary improvement resulting from トレックス's review of its inventory valuation method. The full-year forecast was revised upward because the yen remained weaker than expected and dividend income is now expected to exceed the initial assumption.

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Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027 | TOREX SEMICONDUCTOR LTD. (6616) timely disclosure | Komori