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Financial Results Presentation6730AXELL CORPORATIONElectrical Equipment and Precision Instruments

Earnings Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027

First-quarter revenue increased 16% year on year, while operating profit declined 6% due to a lower gross margin resulting from the product mix and higher R&D expenses. The full-year earnings forecast was left unchanged, and the company explained that progress against its interim and full-year plans was on track.

Worth reading
83Important
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
651
Millions of yen
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial Results PresentationFirst quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales4,679 Millions of yen+16.0%
Operating profit760 Millions of yen-6.0%
Ordinary income780 Millions of yen-7.0%
Net income546 Millions of yen-7.0%
Gross Profit Margin32 %
Operating profit margin16 %
Selling, general and administrative expenses732 Millions of yen
Results for the three months of the current quarter
Net Sales
4,679 Millions of yen
Operating profit
760 Millions of yen
Ordinary income
780 Millions of yen
Net income
546 Millions of yen
Full-year earnings forecast
Net Sales
15,000 Millions of yen
Cost of sales
10,600 Millions of yen
Gross profit
4,400 Millions of yen
Selling, general and administrative expenses
3,200 Millions of yen
Operating profit
1,200 Millions of yen
Ordinary income
1,270 Millions of yen
Net income
890 Millions of yen
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales31%
Cost of sales30%
Gross profit34%
Selling, general and administrative expenses23%
Operating profit63%
Ordinary income61%
Net income61%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress is on track
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesLSI business, memory modules, LED drivers for pachinko and pachislot machines, and AI business
Selling, general and administrative expenses
Research and development costs
87 Millions of yen
Other
-10 Millions of yen
New initiatives
  • Increase R&D expenses in the LSI business segment as a growth investment
  • Concentrate resources on priority areas to improve the efficiency of the earnings base
Key KPIsA metric the company considers important as a management benchmark.
  • LSI business segment order backlog at end-June16,030 Millions of yen
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Graphics LSI units sold130,000 units / 110,000 units
  • Memory module units sold210,000 units / 190,000 units
Segment results
LSI Business
Net Sales
4,526 Millions of yen
Segment profit
990 Millions of yen
AI Business
Net Sales
152 Millions of yen
Segment loss
-59 Millions of yen
Adjustments
Corporate Expenses
-170 Millions of yen
Orders received and order backlog
LSI business segment order backlog at end-June
16,030 Millions of yen
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales4,679 Millions of yen (YoY +16.0%)
Operating profit760 Millions of yen (YoY -6.0%)
Ordinary income780 Millions of yen (YoY -7.0%)
Net income546 Millions of yen (YoY -7.0%)
Gross Profit Margin32 %
Operating profit margin16 %
Selling, general and administrative expenses732 Millions of yen
Results for the three months of the current quarterNet Sales 4,679 Millions of yen / Operating profit 760 Millions of yen / Ordinary income 780 Millions of yen / Net income 546 Millions of yen
Full-year earnings forecastNet Sales 15,000 Millions of yen / Cost of sales 10,600 Millions of yen / Gross profit 4,400 Millions of yen / Selling, general and administrative expenses 3,200 Millions of yen / Operating profit 1,200 Millions of yen / Ordinary income 1,270 Millions of yen / Net income 890 Millions of yen
Progress against full-year forecastNet Sales 31% / Cost of sales 30% / Gross profit 34% / Selling, general and administrative expenses 23% / Operating profit 63% / Ordinary income 61% / Net income 61%
Self-assessment against the planProgress is on track
Segment resultsLSI Business Net Sales 4,526 Millions of yen / Segment profit 990 Millions of yen / AI Business Net Sales 152 Millions of yen / Segment loss -59 Millions of yen / Adjustments Corporate Expenses -170 Millions of yen
Breakdown of Factors Affecting the ChangeNet Sales LSI business, memory modules, LED drivers for pachinko and pachislot machines, and AI business / Selling, general and administrative expenses Research and development costs 87 Millions of yen / Other -10 Millions of yen
Key KPIsIndicator name LSI business segment order backlog at end-June / Value 16,030 Millions of yen / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Graphics LSI units sold / Value 130,000 units / 110,000 units / Year on year against the same period last year Not disclosed, Indicator name Memory module units sold / Value 210,000 units / 190,000 units / Year on year against the same period last year Not disclosed
Orders received and order backlogLSI business segment order backlog at end-June 16,030 Millions of yen
New initiativesIncrease R&D expenses in the LSI business segment as a growth investment, Concentrate resources on priority areas to improve the efficiency of the earnings base
Items this document does not state (12)
Number of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresMarket 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.

Revenue increased due to higher sales of high-priced memory module products, optimization of selling prices, and an increase in unit sales of LED drivers for pachinko and pachislot machines. Gross profit declined as the sales mix shifted toward products with relatively lower margins, while operating profit declined due to higher R&D expenses in the LSI business segment.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Earnings Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027 | AXELL CORPORATION (6730) timely disclosure | Komori