[Exedy] Q1 FY2027 Earnings Results | Sales of ¥7.5136 billion (+4.5%)

Overview of Results

In the first quarter of FY2027, Exedy recorded sales of ¥7,513.6 million (+4.5%), operating income of ¥495.0 million (+0.8%), and net income attributable to owners of the parent of ¥3,395.0 million (+24.8%). The sales increased driven by yen depreciation and increased sales of new business products. However, operating income saw only a slight increase due to increased unrecognized profits from R&D expenses and inventory buildup. Segment-wise, the AT business performed steadily, supported by expanded sales domestically and internationally.

Future Outlook and Impact on Shareholders

Exedy maintains its full-year FY2027 earnings forecast, projecting sales of ¥305.0 billion (+0.4%) and net income of ¥14.0 billion (+2.3%). Dividends are scheduled to increase from ¥150 at the FY2026 term-end to ¥175 at the FY2027 term-end. The company will continue share buybacks and fundraising to enhance shareholder returns. While fluctuations may occur depending on exchange rates and overseas market conditions, the company remains committed to a prudent growth strategy.