TDK Corp banner

Earnings Calls

Last Earnings Call

Fiscal Period
Q1 2027
Call Date
Jul 31, 2026
AI Summary
Q1 2027

Record quarter: TDK said first-quarter net sales rose 38.3% to JPY 741 billion and operating profit jumped 53% to JPY 86.3 billion, both record highs for a first quarter.

AI demand: Strong demand from AI data centers was a major driver, especially for passive components, HDD-related products, and several battery businesses.

Mix offset: Weakness in ICT-related production, including smartphones, hurt the business, but new smartphone launches and AI-related demand more than offset that headwind.

Guidance steady: Despite a strong first quarter and better-than-planned performance, TDK kept its full-year fiscal 2027 forecast unchanged.

Cash flow: Free cash flow was negative JPY 79.4 billion in the quarter, mainly because of working capital growth, capital spending, and acquisition-related cash outflows.

Outlook: Management expects second-quarter sales to exceed the original plan across all segments, but said it is still watching global conditions, demand trends, and exchange rates carefully.

Key Financials
Net sales
JPY 741 billion
Operating profit
JPY 86.3 billion
Profit before tax
JPY 94.5 billion
Profit attributable to owners of the parent
JPY 80.6 billion
EPS
JPY 42.45
Passive Components sales
JPY 176.8 billion
Passive Components operating profit
JPY 17.4 billion
Sensor Application Products sales
JPY 61.9 billion
Sensor Application Products operating profit
JPY 7.8 billion
Magnetic Application Products sales
JPY 81.6 billion
Magnetic Application Products operating profit
JPY 9.6 billion
Energy Application Products sales
JPY 405.8 billion
Energy Application Products operating profit
JPY 69.4 billion
Operating cash flow
negative JPY 19.2 billion
Free cash flow
negative JPY 79.4 billion
USD exchange-rate sensitivity
around JPY 2 billion annually per JPY 1 move
EUR exchange-rate sensitivity
approximately JPY 300 million annually per JPY 1 move
AI data center sales impact
sales increased significantly
HDD heads shipment volume
up 36%
HDD suspension shipment volume
up 31%

Other Earnings Calls