Asahi Intecc posts strong Q1, driven by medical and device segments
Asahi Intecc Co., Ltd. reported a strong first quarter for the fiscal year ending June 2026, with consolidated net sales increasing by 15.6% year-on-year to JPY 36,058 million. Operating profit surged by 34.0% to JPY 13,035 million, ordinary profit rose by 47.0% to JPY 12,887 million, and profit attributable to owners of parent increased by 35.7% to JPY 9,205 million. Basic earnings per share for the quarter were JPY 34.37.
The strong performance was primarily driven by the Medical and Device Divisions. In the Medical Division, net sales rose by 12.3% to JPY 31,669 million, while the Device Division saw a substantial 47.4% increase in net sales to JPY 4,389 million. This growth in the Device Division was significantly influenced by the consolidation of Nitta Mold Co., Ltd. and its subsidiary NITTA M&T (THAILAND) CO., LTD., which were included during the quarter.
Despite the favorable first-quarter results, Asahi Intecc maintains its full-year consolidated forecast, citing ongoing uncertainty in sales trends, particularly due to temporary fluctuations in the European market. The company anticipates full-year net sales of JPY 130,870 million, operating profit of JPY 32,642 million, and profit attributable to owners of parent of JPY 23,811 million. The company also announced the acquisition of 6,301,300 treasury shares for JPY 7,703 million, which are scheduled for cancellation on November 28, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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