TOREX SEMICONDUCTOR LTD. (hereafter, the Company) announced consolidated results for Q1 FY2027/3 showing substantial growth in both sales and profit, with net sales of JPY 6,564 mn (+11.9% YoY) and operating profit of JPY 885 mn (+436.3% YoY).
Although Q1 operating profit already represents 59% of the full-year forecast, the revised forecast reflects a realistic bottom-up build, taking into account (1) the change in the inventory valuation method discussed below and (2) uncertainty surrounding external factors such as rising raw material prices.
Following the recent correction, the current share price offers an attractive buying opportunity from a medium- to long-term investment perspective.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.