Japan Aviation Electronics Industry, Limited Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending March 2027

Overview of Results

Revenue for the second quarter significantly exceeded the year-earlier period, with total revenue of 123,564 million yen. However, due to rising raw material costs, the impact of a weaker yen, higher logistics costs and labor expenses, operating income was 3,279 million yen, ordinary income was 2,181 million yen, and interim net income attributable to owners of parent was 1,390 million yen, each showing substantial declines from the prior-year period. The full-year forecast has been revised from the prior announcement, with revenue forecast at 255,000 million yen, operating income at 10,500 million yen, and year-end net income per share at 74.13 yen. Dividends are 25 yen at the end of the second quarter, implying a full-year dividend of 50 yen.

Outlook and Segment Trends

Segment information shows expanded orders and sales across diverse markets, primarily driven by the connector business. Some increases in raw material costs and currency effects are expected to continue, and the company will pursue profitability improvements through in-house production, cost reduction and productivity enhancements. As of the interim period-end, total assets were 233,406 million yen, net assets were 143,270 million yen, and the equity ratio was 61.3%. Details of the revision to the full-year forecast are provided in a separate appendix.