Tecmira Holdings REPORTS Q1 FY2027 RESULTS, SHOWS IMPROVED OPERATING PROFIT

TOKYO, Jul 10 (Pulse News Wire) – TECMIRA HOLDINGS INC. (3627.T) reported its first quarter fiscal year 2027 results, showing improved operating profit despite slight revenue decline.

Revenue was ¥-¥131 million compared to ¥2.671 billion last year, while adjusted EBITDA increased by 45% million to ¥-5% million due to growth in IoT & device and AI & cloud segments along with cost efficiencies across the organization. Operating profit saw a marginal improvement of ¥17 million, ordinary profit grew by ¥49 million, and net profit showed a positive shift of ¥21 million. In detail, the AI & cloud services division contributed significantly to the overall performance, achieving higher revenues and profits.

However, the IoT & devices sector experienced a reduction in sales volume, leading to a decrease in total revenue. Despite this, the company managed to enhance profitability through operational efficiency measures and reduced costs. Looking ahead, TECMIRA plans to achieve sustained revenue and profit growth throughout the fiscal year, driven by further expansion in AI services and contributions from consumer games and HealthTech solutions.

The company remains cautious about the IoT segment's outlook, considering potential challenges in component procurement and exchange rate fluctuations.