C.Uyemura & Co (4966) Q1 2026 earnings summary

Executive summary

• Q1 revenue rose 0.7% year-over-year to ¥20,112 million, with operating profit flat at ¥4,509 million.

• Net income declined 6.1% year-over-year to ¥3,519 million; ordinary profit fell 13.7%.

• Electronics market demand, especially for AI server and automotive electronics, remained strong, while PC/general server demand recovery was slow.

Financial highlights

• Gross profit for Q1 was ¥7,972 million, up from ¥7,865 million year-over-year.

• Comprehensive income dropped sharply to ¥1,174 million, down 77.3% year-over-year.

• EPS for Q1 was ¥218.15, down from ¥232.51 in the prior year.

• Total assets at quarter-end were ¥124,230 million, down from ¥130,589 million at the previous fiscal year-end.

• Equity ratio improved to 82.8% from 81.3% at the previous year-end.

Outlook and guidance

• Full-year FY2026 guidance: revenue forecast at ¥82,630 million (−1.4% YoY), operating profit at ¥15,010 million (−20.3% YoY), net income at ¥10,450 million (−25.8% YoY).

• Interim and year-end dividends forecast at ¥230 per share each.

• Segment guidance: materials and machinery expected to see modest changes; plating processing and real estate to remain minor contributors.

• Sensitivity: ¥1 JPY/USD change impacts annual revenue by ~¥340 million and operating profit by ~¥70 million.