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Earnings6941YAMAICHI ELECTRONICS CO.,LTD.Electrical Equipment and Precision Instruments

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales and all profit figures significantly exceeded the year-earlier period, driven by demand related to AI and data centers and higher shipments. The full-year earnings forecasts and annual dividend forecast were also revised, with the annual dividend forecast set at ¥168.

Worth reading
59In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
35.8
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales19,893million yenYear on year +35.8%Progress 30.2%
Operating profit5,953million yenYear on year +55.8%Progress 39.7%
Ordinary income6,161million yenYear on year +63.0%Progress 41.3%
Net income attributable to owners of the parent4,326million yenYear on year +55.3%

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¥234.44
Financial position at period-end
Total assets66,308million yen
of which net assets 49,212 million yenEquity ratio 74.0%vs. prior year-end +0.4pt

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 revenueTest Solutions Business 11,293,064 thousand yen (YoY +35.6%), Connector Solutions Business 8,236,716 thousand yen (YoY +39.3%), Optical-Related Business 363,414 thousand yen (YoY -10.7%)
Segment profitTest Solutions Business 4,645,834 thousand yen (YoY +52.5%), Connector Solutions Business 1,564,482 thousand yen (YoY +103.4%), Optical-Related Business 40,590 thousand yen (YoY -35.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales65,800 million yen (YoY +24.9%)
Operating profit15,000 million yen (YoY +29.8%)
Ordinary income14,900 million yen (YoY +22.9%)
Profit attributable to owners of the parent10,300 million yen (YoY +13.5%)
Revision to Earnings ForecastNot disclosed → Net Sales 65,800 / Operating profit 15,000 / Ordinary income 14,900 / Profit attributable to owners of the parent 10,300
Annual Dividend Forecast148 yen → 168 yen(+13.5%)
Factors Behind Changes in Business Performance

Strong markets for semiconductors and data centers, underpinned by increased AI-related investment, higher shipments of test sockets, burn-in sockets and products for communications equipment, a recovery in shipments to European customers, and the weaker yen contributed to higher net sales and profits. Surging raw material prices, a slowdown in the automotive and EV markets, and market adjustments for consumer equipment were factors contributing to the decline.

Disclosure regarding the going concern assumption

No applicable matters (There are 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
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 734 thousand yen / Extraordinary loss Not disclosed
Depreciation and amortization754,185 thousand yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End20,529,775
Treasury Shares at Period-End2,073,415
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales19,893 million yen (YoY +35.8%)
Operating profit5,953 million yen (YoY +55.8%)
Ordinary income6,161 million yen (YoY +63.0%)
Profit attributable to owners of the parent4,326 million yen (YoY +55.3%)
Net income per share¥234.44
Equity ratioEnd of the current fiscal period 74.0% / End of previous period 73.6%
Total assets66,308 million yen
Net assets49,212 million yen
Full-year earnings forecastNet Sales 65,800 million yen (YoY +24.9%) / Operating profit 15,000 million yen (YoY +29.8%) / Ordinary income 14,900 million yen (YoY +22.9%) / Profit attributable to owners of the parent 10,300 million yen (YoY +13.5%)
Revision to Earnings ForecastNot disclosed → Net Sales 65,800 / Operating profit 15,000 / Ordinary income 14,900 / Profit attributable to owners of the parent 10,300
Annual Dividend Forecast148 yen → 168 yen(+13.5%)
Segment revenueTest Solutions Business 11,293,064 thousand yen (YoY +35.6%), Connector Solutions Business 8,236,716 thousand yen (YoY +39.3%), Optical-Related Business 363,414 thousand yen (YoY -10.7%)
Segment profitTest Solutions Business 4,645,834 thousand yen (YoY +52.5%), Connector Solutions Business 1,564,482 thousand yen (YoY +103.4%), Optical-Related Business 40,590 thousand yen (YoY -35.5%)
Depreciation and amortization754,185 thousand yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 734 thousand yen / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNo applicable matters (There are no 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
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End20,529,775
Treasury Shares at Period-End2,073,415
Factors Behind Changes in Business PerformanceStrong markets for semiconductors and data centers, underpinned by increased AI-related investment, higher shipments of test sockets, burn-in sockets and products for communications equipment, a recovery in shipments to European customers, and the weaker yen contributed to higher net sales and profits. Surging raw material prices, a slowdown in the automotive and EV markets, and market adjustments for consumer equipment were factors contributing to the decline.
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 lossMaterial subsequent events

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.

Strong semiconductor and data center markets, driven by increased AI-related investment, higher shipments of test sockets and communications equipment, a recovery in shipments to European customers, and the weaker yen boosted performance. Conversely, surging raw material prices, including gold and copper, a slowdown in the automotive and EV markets, and market adjustments for consumer equipment weighed on performance.

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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | YAMAICHI ELECTRONICS CO.,LTD. (6941) timely disclosure | Komori