JAPAN ELECTRONIC MATERIALS CORPORATION's first-quarter results for the fiscal year ending March 2027 showed a substantial increase in revenue, driven by rising demand for probe cards for memory applications and the weaker yen, while operating profit and ordinary profit also increased significantly. The full-year outlook and dividend policy were also presented positively.
JAPAN ELECTRONIC MATERIALS CORPORATION released its first-quarter earnings summary for the fiscal year ending March 2027, reporting revenue of ¥9.6 billion, up 77.3% year on year, and operating profit of ¥3.1 billion, up 109.7%. Ordinary profit rose 126.6% to ¥3.2 billion, while net income attributable to owners of the parent reached ¥2.2 billion, up 119.4%. Expanding demand from data centers and the weaker yen boosted revenue, while high factory utilization also contributed to higher profit.
The two main business segments are semiconductor inspection components and electronic tube components, with semiconductor inspection components accounting for the majority of revenue.
The full-year outlook calls for revenue of ¥36.4 billion, operating profit of ¥9.5 billion, ordinary profit of ¥9.3 billion and net income attributable to owners of the parent of ¥6.7 billion, revised from the previously announced figures. The company also presented forecasts for cumulative second-quarter revenue of ¥19.4 billion and operating profit of ¥5.4 billion.
For shareholder returns, the company plans to pay an annual dividend of ¥100 per share for the fiscal year ending March 2027, comprising an interim dividend of ¥60 and a year-end dividend of ¥40, which is expected to represent an increase from the previous fiscal year. Total assets stood at ¥59.4 billion, up 1.6% from the end of the previous fiscal year, while the equity ratio remained at 78.2%.
The source media cited for this financial information is Yahoo! Finance, and the information was reported as news.