Taiyo Yuden
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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.
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Q1 2027 earnings summary5 Aug, 2026

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.

Impact of price revisions for distributor sales
AI server trends for capacitance and unit counts
Impact of logistical disruptions on inventory
Strategy for making inductors a second pillar
Drivers for the IT infrastructure sales growth
Overseas subsidiary employee lawsuit status
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Q2 20275 Nov, 2026
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