Murakami (7292) Q1 2027 earnings summary

Executive summary

• Revenue increased 11.9% year-over-year to ¥29,792 million, driven by higher automotive mirror sales in Japan, Thailand, and the US, as well as favorable currency effects.

• Operating profit declined 17.9% year-over-year to ¥1,944 million due to higher material costs in Japan and increased tariff burdens in the US.

• Net income attributable to shareholders fell 13.8% year-over-year to ¥1,643 million.

Financial highlights

• Revenue: ¥29,792 million (up 11.9% year-over-year).

• Operating profit: ¥1,944 million (down 17.9% year-over-year).

• Ordinary profit: ¥2,620 million (down 10.1% year-over-year).

• Net income attributable to shareholders: ¥1,643 million (down 13.8% year-over-year).

• Comprehensive income: ¥2,497 million (compared to a loss of ¥187 million in the prior year period).

Outlook and guidance

• Full-year revenue forecast: ¥117,000 million (up 1.2% year-over-year).

• Full-year operating profit forecast: ¥8,700 million (down 5.0% year-over-year).

• Full-year net income forecast: ¥5,900 million (down 2.9% year-over-year).

• No changes to previously announced guidance; Middle East geopolitical risks not factored into outlook.