Net sales increased by 4.4% year over year to 15,761 million yen, operating income declined by 30.5% year over year to 266 million yen, ordinary income was 394 million yen, and net income attributable to owners of the parent for the quarter was 125 million yen. Full-year guidance maintained from the previous announcement. By segment, automotive related net sales were 13,484 million yen with operating income of 475 million yen, and medical devices net sales were 1,376 million yen with operating income of 45 million 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/5988-20260805-01.pdf","jir_short_summary":"Net sales increased by 4.4% year over year to 15,761 million yen, operating income declined by 30.5% year over year to 266 million yen, ordinary income was 394 million yen, and net income attributable to owners of the parent for the quarter was 125 million yen. Full-year guidance maintained from the previous announcement. By segment, automotive related net sales were 13,484 million yen with operating income of 475 million yen, and medical devices net sales were 1,376 million yen with operating income of 45 million yen.","jir_summary":"### Business Performance Overview\nFor the first quarter cumulative period, net sales were 15,761 million yen, up from the previous period. However, rising costs such as raw materials, labor, and logistics were not fully absorbed, resulting in an operating loss of 266 million yen. Ordinary income rose to 394 million yen, while net income attributable to owners of the parent for the quarter was 125 million yen, slightly down YoY. By segment, automotive related net sales were 13,484 million yen with an operating income of 475 million yen, and medical devices net sales were 1,376 million yen with an operating income of 45 million yen.\n\n### Outlook and Financial Position for the Current Term\nThe full-year earnings forecast has been maintained from the previous disclosure, with expected net sales of 63,000 million yen, operating income of 1,500 million yen, and net income attributable to owners of the parent of 700 million yen. As of the end of the first quarter, total assets were 100,182 million yen, liabilities 34,810 million yen, and net assets 65,372 million yen, with a debt-to-equity ratio of 64.0% and a stable capital structure.","jir_financial_highlights":"Net Sales: 15,761 (YoY +4.4%)\nOperating Income: 266 (YoY -30.5%)\nOrdinary Income: 394 (YoY +28.5%)\nNet income attributable to owners of the parent: 125 (YoY -2.0%)\nEarnings per Share (Quarter): 5.21 (\uff0d)\nTotal Assets: 100,182 (\uff0d)","jir_category":"","jir_hashtags":"#Piax, #FinancialResults, #JapaneseStocks","jir_key_figures":"Net Sales: 15,761 million yen\nOperating Income: 266 million yen\nOrdinary Income: 394 million yen\nNet income attributable to owners of the parent: 125 million yen\nFull-year Net Sales: 63,000 million yen\nFull-year Net Income: 700 million yen","jir_meta_title":"[Piax] Fiscal Year 2027 First Quarter Financial Results | Net Sales 15,761 million yen, Operating Income 266 million yen","jir_meta_description":"Summary of Piax's first quarter financial results for FY2027. Net sales up 4.4% YoY, operating income down 30.5%, ordinary income up, full-year forecast maintained. Explanations of segment performance and financial position.","jir_og_title":"Piax First Quarter Financial Results | Net Sales 15,761 million yen","jir_og_description":"Summary of Piax's first quarter results. Sales rose but profits faced pressure; full-year guidance unchanged.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17092,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-95507","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n