Against a backdrop of growing demand for semiconductors used in generative AI, 白銅 raised its ordinary profit forecast for the current fiscal year and increased its full-year record earnings forecast. Net sales are expected to rise sharply, reaching a new record profit.
In its earnings briefing for the first quarter of the fiscal year ending March 2027, 白銅 announced that net sales rose 28.6% year on year to ¥21.934 billion, setting a new quarterly record. Key factors included growing demand for semiconductors used in generative AI, stronger sales of thin aluminum and stainless steel sheets, the establishment of a new sales organization for the semiconductor industry, the development of overseas markets and expansion of its distributor network, and higher product prices resulting from rising raw material market prices. These factors, together with stronger sales capabilities and overseas expansion, drove the increase in sales.
Gross profit rose 51.6% year on year to ¥3.599 billion, while ordinary profit surged 210.7% to ¥1.476 billion, with both reaching new quarterly records. The increase reflected a combination of higher sales volumes related to semiconductor manufacturing equipment, increased sales of standard inventory products with high gross margins, the continued impact of price revisions, and an improvement in the inventory impact amount reflecting higher raw material prices.
For the outlook, the company revised upward its full-year forecasts for the fiscal year ending March 2027. Net sales are expected to rise 9.8% from the previous forecast to ¥92.2 billion, while ordinary profit is expected to increase 10.4% to ¥5.19 billion. Based on strong demand related to semiconductors and firm raw material market conditions, the company aims to further improve its earnings power.
For shareholder returns, the company announced plans for an interim dividend of ¥75 and a full-year dividend of ¥143, indicating a policy of providing stable returns in line with stronger financial strength and business growth. Key strategies include expanding the 白銅 Net Service, growing the overseas business, and expanding the rollout of its e-commerce package. The company is also pursuing sales channel expansion in India, South Korea, Taiwan, Indonesia and other markets.