Taiyo Yuden reports higher first-quarter sales and profit
Taiyo Yuden posted 1Q FYE March 2027 net sales of JPY 93.9 billion, up 5.3% QoQ and 10.7% YoY.
Operating profit climbed to JPY 4.82 billion, up 38.6% QoQ and 53.3% YoY; operating margin widened 1.2 percentage points QoQ to 5.1%.
Profit attributable to owners of parent was JPY 2.5 billion, up 14.9% QoQ; ordinary profit slipped 1.5% QoQ to JPY 4.26 billion.
Capacitor net sales rose 7.9% QoQ to JPY 69.02 billion; the capacitor book-to-bill ratio increased to 1.72 from 1.31 in the prior quarter.
Management lifted its FYE March 2027 outlook to net sales of JPY 424 billion, up 19% YoY, and operating profit of JPY 45 billion, more than doubled YoY.