Keyence reported Q1 sales up 32.8% and operating profit up 44.7% with margin expanding to 54.0%, a strong earnings result.
Keyence's first-quarter results for the fiscal year ending March 2027 show sales of 346.6 billion yen, up 32.8% year on year; operating profit of 187.1 billion yen, up 44.7%; ordinary profit of 196.8 billion yen, up 49.6%; and quarterly net profit attributable to owners of the parent of 139.1 billion yen, up 51.0%. The operating margin rose to 54.0%, up more than 4 points from 49.5% a year earlier, with profit growth outpacing sales growth. The company said capital investment continued worldwide, led by the manufacturing sector, with broad-based strength across industries in North, Central and South America, while growth continued in Asia, centered on the semiconductor and electrical precision industries. Europe showed signs of recovery, and domestic capital investment maintained a recovery trend. For the full fiscal year ended March 2026, meanwhile, sales rose 10.4% to 1.1693 trillion yen, operating profit rose 8.4% to 595.8 billion yen, and net profit rose 11.7% to 445.2 billion yen, while the operating margin edged down to 51.0% from 51.9% a year earlier. The latest first quarter marked a clear reversal of the gradual margin decline seen on a full-year basis.
Keyence reported Q1 sales up 32.8% and operating profit up 44.7% with margin expanding to 54.0%, a strong earnings result.