AXELL CORPORATION's first-quarter results for the fiscal year ending March 2027 showed revenue up 16.2% year on year to ¥4.6 billion, while operating profit was ¥700 million and net income was ¥500 million, both down year on year. Revenue is expected to increase for the full year, but profit is forecast to decline sharply, and the dividend is also expected to be reduced from the previous fiscal year.
AXELL CORPORATION announced its results for the first quarter of the fiscal year ending March 2027. Revenue increased 16.2% year on year to ¥4.6 billion, while operating profit and net income both declined, to ¥700 million and ¥500 million, respectively.
Cost of sales was affected by surging memory prices, while higher research and development expenses also put pressure on profit. The full-year forecast calls for revenue growth, but profit is expected to decline sharply. The dividend is also expected to be reduced from the previous fiscal year.
The share price fluctuated during trading hours. The after-hours PTS trading price was ¥1,192, or 0.75% below the Tokyo Stock Exchange closing price. The latest previous-day closing price was ¥1,288, the opening price was ¥1,268, and the low was ¥1,187.