PUNCH INDUSTRY maintained its position as the global leader in custom mold components, reporting revenue of ¥10.852 billion and operating profit of ¥566 million in the first quarter of the fiscal year ending March 2027. The shift toward custom-order products and a recovery in domestic factory utilization are expected to support margin improvement as the company works toward its medium-term plan, while changes in the China ratio and the announcement of its dividend policy were also reported.
PUNCH INDUSTRY has maintained its position as the global leader in custom mold components. Its mold-component revenue comprised ¥24.9 billion from custom-order products and ¥14.1 billion from catalog products, giving custom-order products a 64% share. The company is estimated to rank second globally for mold components overall and first for custom-order products.
In its results for the first quarter of the fiscal year ending March 2027, revenue rose 6.7% year on year to ¥10.852 billion, while operating profit increased 47.4% to ¥566 million. The operating profit margin improved from 3.8% to 5.2%. A recovery in domestic factory utilization was a factor behind the margin improvement.
Under the medium-term management plan VC28, the company is targeting an operating profit margin of 6.8% for the fiscal year ending March 2029. It plans to raise the custom-order product ratio to 68%, improve utilization at its domestic factories, and promote collaboration with the MISUMI Group.
China accounted for 59.2% of revenue. In the first quarter of the fiscal year ending March 2027, lower automotive-related revenue reduced the overall proportion of sales to the automotive sector, while growing demand in the smartphone and medical sectors helped maintain factory operations.
The annual dividend is expected to be ¥20.10, implying a dividend yield of 3.8%, and the full-year forecast was revised upward. As of August 2026, the forecast had been raised to revenue of ¥45.5 billion and operating profit of ¥2.4 billion. Progress in the shift toward custom-order products and collaboration will be key areas of focus in upcoming results.
An announcement for a live-streamed seminar hosted by the president introduced a planned program explaining the latest results, growth strategy, and points of interest for investors through a live broadcast.