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Taiyo Yuden (6976) investor relations material
Taiyo Yuden Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for 1Q FYE Mar 2027 rose 10.7% YoY to ¥93,897 million, driven by strong demand for AI servers, IT infrastructure, and favorable FX.
Operating profit increased 53.3% YoY to ¥4,818 million, with improved capacity utilization, sales mix, and currency effects.
Profit attributable to owners was ¥2,504 million, reversing a prior-year loss.
Orders for capacitors surged 41% QoQ, with a book-to-bill ratio at 1.72, indicating robust demand.
Financial highlights
Gross profit for the quarter was ¥21,395 million, up from ¥18,184 million YoY.
Comprehensive income reached ¥6,431 million, a significant increase from ¥412 million YoY.
Basic earnings per share improved to ¥19.82 from a loss of ¥7.02 YoY.
Net assets per share increased to ¥2,827.24 as of June 30, 2026.
FX impact: Yen depreciation increased net sales by ¥1.5 billion and operating profit by ¥0.8 billion QoQ.
Outlook and guidance
Full-year net sales forecast revised upward to ¥424 billion (+19.3% YoY), operating profit to ¥45 billion (+125% YoY), and profit attributable to owners to ¥29 billion (+95.9% YoY).
Growth driven by high-value products for AI servers and yen depreciation; FX sensitivity: ¥1/USD impacts sales by ¥1.9 billion and profit by ¥0.9 billion.
Dividend forecast maintained at ¥90 per share for FYE Mar 2027.
2Q FYE Mar 2027: Capacitor and inductor sales expected to rise 15–21% QoQ.
- Profits and sales surged on automotive, AI server, and IT demand, with strong FY2027 outlook.6976
Q4 2026 - Profits and sales surged, prompting upward full-year forecast revisions and restructuring actions.6976
Q3 2026 - Sales and profit surged, driven by automotive, IT, and communication demand; outlook raised.6976
Q2 2026 - Operating profit rose, but foreign exchange losses resulted in a quarterly net loss.6976
Q1 2026 - Profit outlook was slashed to zero despite strong sales and operating profit growth.6976
Q2 2025 - Profits surged on strong sales and yen depreciation; outlook remains robust but risks persist.6976
Q1 2025 - Sales and operating profit rose, but net income fell; profit rebound forecast for FY2026.6976
Q4 2025 - Profits surged on sales and FX gains, but full-year profit to fall on one-off costs.6976
Q3 2025
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