Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Revenue increased due to growing demand related to data centers, including AI servers; higher sales of automotive substrates to new and existing customers; increased sales of substrates for high-end models; and increased production by customers for satellite communications applications. On the earnings front, the increase in build-up substrates, higher factory utilization and productivity improvements contributed positively, while soaring raw material prices, costs associated with launching a new factory, new product preparation costs and higher M&A-related expenses had a negative impact.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥73,223 million (YoY +38.0%) |
| Operating profit | ¥6,071 million (YoY +8.7%) |
| Ordinary income | ¥5,634 million (YoY +14.2%) |
| Profit attributable to owners of the parent | ¥3,981 million (YoY +5.5%) |
| Net income per share | ¥155.12 |
| Equity ratio | End of the current fiscal period 36.3 / End of previous period 40.6 |
| Total assets | ¥391,491 million |
| Net assets | ¥149,535 million |
| Full-year earnings forecast | Net Sales ¥320,000 million (YoY +33.0%) / Operating profit ¥38,000 million (YoY +54.6%) / Ordinary income ¥35,000 million (YoY +32.1%) / Profit attributable to owners of the parent ¥27,000 million (YoY +36.5%) |
| Annual Dividend Forecast | ¥115 → ¥160（+39.1%） |
| Depreciation and amortization | ¥4,083 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Item Loss on disposal and sale of non-current assets / Amount ¥145 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 3 / Name of newly added company Meiko Electronics Quang Minh Co., Ltd., Meiko Electronics Yen Quang Co., Ltd., メイコーエレクコンポーネント株式会社 / Excluded 0 / Excluded Company Name Not disclosed |
| Material subsequent events | The company acquired 70 Series 1 bond-type class shares for a total of ¥7,105,460,712 on 5 August 2026 and cancelled them on the same day. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 26,803,320 |
| Treasury Shares at Period-End | 1,136,608 |
| Factors Behind Changes in Business Performance | Revenue increased due to growing demand related to data centers, including AI servers; higher sales of automotive substrates to new and existing customers; increased sales of substrates for high-end models; and increased production by customers for satellite communications applications. On the earnings front, the increase in build-up substrates, higher factory utilization and productivity improvements contributed positively, while soaring raw material prices, costs associated with launching a new factory, new product preparation costs and higher M&A-related expenses had a negative impact. |
Items this document does not state (13)
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.Net sales increased due to growing demand related to data centers, including AI servers; higher sales of automotive substrates to new and existing customers; increased sales of substrates for high-end smartphones and tablets; and increased production by customers for satellite communications applications. On the earnings front, the increase in build-up substrates, higher factory utilization and productivity improvements contributed positively, while soaring raw material prices, costs associated with launching a new factory, new product preparation costs and M&A-related expenses weighed on earnings.