EarningsQ1 2026 Earnings Report
MX:6841N Q1 2026 EPS Results
Actual EPS$5.57
Consensus EPS$5.79
Beat/MissMissed by -$0.23
One Year Ago EPS$6.82
MX:6841N Q1 2026 Revenue Results
Actual Revenue$16.31B
Expected Revenue$15.69B
Beat/MissBeat by +$619.81M
YoY Revenue Growth+8.55%
Earnings Announcement Details
QuarterQ1 2026
Date08/04/2026
TimeTBA
Conference CallTuesday, August 4, 2026
MX:6841N Upcoming Earnings
Yokogawa Electric's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q1 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q1 2026 Earnings Slide Deck
Q1 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a generally positive operating performance: sales, operating profit (both nominally and FX-adjusted), net income and backlog increased and there were strong wins in energy/CCUS and data-center-related measuring instruments. However, material headwinds remain—especially currency appreciation, a notable slowdown in the Materials business driven by China, higher SG&A, and tariff-related uncertainty—which temper the upside. Management kept the full-year forecast unchanged and emphasized timing risk for large projects. On balance, the positives (top-line and profit growth, backlog expansion, regional project wins) outweigh the negatives.Company Guidance
Revenue Growth (FX-adjusted)
Sales of JPY130.2 billion, up JPY9.2 billion or +7.1% excluding foreign exchange effects, driven by strong backlog conversion and project sales.
Operating Profit Increase
Operating profit of JPY16.2 billion, a nominal increase of JPY1.4 billion YoY; on a foreign-exchange-adjusted basis operating profit rose by JPY2.7 billion versus the prior year (base JPY14.8 billion).
Strong Net Income Performance
Net income totaled JPY15.2 billion, an increase of JPY5.1 billion YoY, supported by a decrease in deferred tax expenses (recognition of deferred tax assets).
Backlog and Order Momentum
Backlog rose steadily, with more orders received than sales during the quarter and a backlog expansion of over JPY15 billion in the past three months; orders received totaled JPY149.1 billion (transcript notes FX-adjusted improvements).
Control Segment Resilience
Control systems sales increased (sales up JPY1.3 billion; +7.2% excluding FX) and operating profit improved (operating profit up JPY1.5 billion nominal, or JPY2.6 billion excluding FX), with large project wins in UAE, North America and ASEAN including CCUS and energy projects.
Measuring Instruments Strength
Measuring instruments orders were flat YoY but +6.7% excluding FX; sales rose +4.8% excluding FX and operating profit increased slightly, supported by strong demand for high-speed optical transceivers and optical spectrum analyzers for AI-related data centers and consumer electronics demand.
Regional Sales Growth (ex-FX)
Control-segment sales grew in multiple regions on a real basis: Southeast Asia & Far East ~+10%; North America, Europe, Central/South America each +5% to +10% excluding currency effects.
Gross Profit and Margin Improvement (Quarter)
Gross profit rose by JPY4.3 billion and the gross profit margin improved slightly (company cites an increase equivalent to JPY0.5 billion), aided by project progress and mix improvements as some projects reached later, higher-margin stages.
MX:6841N Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed