Aichi Electric (6623) Earnings Report: Operating Income Up 7.6% YoY to 2.65 Billion Yen

Aichi Electric (6623) has released its financial results, reporting net sales of 32,687 million yen, representing a 13.7% increase compared to the same period of the previous year. Operating income rose by 7.6% year-on-year to 2,651 million yen, while ordinary income grew by 9.4% to 2,775 million yen. Meanwhile, net income attributable to owners of the parent stood at 1,863 million yen, down 3.5% year-on-year, though comprehensive income surged significantly by 286.9% to 4,019 million yen.

From a financial and valuation perspective, the company maintains a solid equity ratio of 59.8%, reflecting a stable financial foundation. Retained earnings stand at a robust 73.12 billion yen, comfortably covering interest-bearing debt of 16.16 billion yen. The return on equity (ROE) is recorded at 2.38%, the return on assets (ROA) at 1.25%, and EBITDA for the first quarter (calculated as operating profit plus depreciation and amortization, including goodwill) at approximately 4.56 billion yen. With earnings per share (EPS) at 198.27 yen, the company demonstrates steady operational performance underpinned by a strong capital structure.

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(Correction, September 20, 2026: interest-bearing debt was restated as the total of borrowings, bonds and related items in the original disclosure, 2027年3月期 第1四半期決算短信〔日本基準〕（連結）.)

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Correction (September 29, 2026): Corrected the specified amounts, rates or reporting periods against the original company disclosure; the verified changes are recorded in the correction ledger. Source