Komori
Earnings6855JAPAN ELECTRONIC MATERIALS CORPORATIONElectrical Equipment and Precision Instruments

First-Quarter Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the first quarter of FY2027, revenue, operating income and net income significantly exceeded the year-earlier period, driven by expanded sales of probe cards for memory applications. The full-year earnings forecast and dividend forecast have been revised, with full-year operating income projected at ¥9.45 billion and annual dividends at ¥100 per share.

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
77.3
% (year-on-year increase in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales9,641¥ millionYear on year +77.3%Progress 26.5%
Operating profit3,094¥ millionYear on year +109.7%Progress 32.7%
Ordinary income3,192¥ millionYear on year +126.6%Progress 34.3%
Net income attributable to owners of the parent2,169¥ millionYear on year +119.4%

The 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.

Net income per share¥148.08
Financial position at period-end
Total assets59,387¥ million
of which net assets 46,434 ¥ millionEquity ratio 78.2%vs. prior year-end +1.5pt

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.

Segment revenueSemiconductor Test Components Business ¥9,593 million (YoY +78.3%), Electronic Tube Components Business ¥48 million (YoY -12.9%)
Segment profitSemiconductor Test Components Business ¥3,624 million (YoY +88.9%), Electronic Tube Components Business ¥1 million (YoY -42.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥36,400 million (YoY +24.0%)
Operating profit¥9,450 million (YoY +30.4%)
Ordinary income¥9,300 million (YoY +29.6%)
Profit attributable to owners of the parent¥6,700 million (YoY +22.9%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥36,400 million / Operating profit Not disclosed → ¥9,450 million / Ordinary income Not disclosed → ¥9,300 million / Profit attributable to owners of the parent Not disclosed → ¥6,700 million
Annual Dividend Forecast¥80 → ¥100(+25.0%)
Factors Behind Changes in Business Performance

The significant progress made in expanding sales of probe cards for memory applications, the foreign exchange rate moving toward yen depreciation, increased production volumes following the success of upfront investment to expand production capacity, higher revenue centered on high-value-added products, and high utilization rates at domestic factories.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsRegarding the Reiwa 8 Kumamoto Earthquake that occurred on 28 July 2026, there were no human casualties, and no significant damage has been identified at the buildings or equipment of the Company's business locations. The impact on results is considered limited at this time.
Depreciation and amortization¥361 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End14,663,510
Treasury Shares at Period-End16,034
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥9,641 million (YoY +77.3%)
Operating profit¥3,094 million (YoY +109.7%)
Ordinary income¥3,192 million (YoY +126.6%)
Profit attributable to owners of the parent¥2,169 million (YoY +119.4%)
Net income per share¥148.08
Equity ratioEnd of the current fiscal period 78.2 / End of previous period 76.7
Total assets¥59,387 million
Net assets¥46,434 million
Full-year earnings forecastNet Sales ¥36,400 million (YoY +24.0%) / Operating profit ¥9,450 million (YoY +30.4%) / Ordinary income ¥9,300 million (YoY +29.6%) / Profit attributable to owners of the parent ¥6,700 million (YoY +22.9%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥36,400 million / Operating profit Not disclosed → ¥9,450 million / Ordinary income Not disclosed → ¥9,300 million / Profit attributable to owners of the parent Not disclosed → ¥6,700 million
Annual Dividend Forecast¥80 → ¥100(+25.0%)
Segment revenueSemiconductor Test Components Business ¥9,593 million (YoY +78.3%), Electronic Tube Components Business ¥48 million (YoY -12.9%)
Segment profitSemiconductor Test Components Business ¥3,624 million (YoY +88.9%), Electronic Tube Components Business ¥1 million (YoY -42.8%)
Depreciation and amortization¥361 million
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsRegarding the Reiwa 8 Kumamoto Earthquake that occurred on 28 July 2026, there were no human casualties, and no significant damage has been identified at the buildings or equipment of the Company's business locations. The impact on results is considered limited at this time.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End14,663,510
Treasury Shares at Period-End16,034
Factors Behind Changes in Business PerformanceThe significant progress made in expanding sales of probe cards for memory applications, the foreign exchange rate moving toward yen depreciation, increased production volumes following the success of upfront investment to expand production capacity, higher revenue centered on high-value-added products, and high utilization rates at domestic factories.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)

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.

Semiconductor demand driven by the expansion of the generative AI market, expanded sales of probe cards for memory applications, successful upfront investment to expand production capacity, increased production volumes, yen depreciation, higher sales centered on high-value-added products, and high utilization rates at domestic factories.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
First-Quarter Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | JAPAN ELECTRONIC MATERIALS CORPORATION (6855) timely disclosure | Komori