THine Electronics,Inc. [6769.T]
TOKYO, May 08 (Pulse News Wire) – Thine Electronics,inc. (6769.T) reported a revenue decline in its fiscal first quarter ended December 2026, despite a sales increase.
Revenue reached ¥949 million, up 32.9% from ¥703 million in the same period last year. However, operating profit fell to a loss of ¥410 million compared to a loss of ¥205 million in the previous year's quarter due to higher research and development expenses, which increased by 43.5%. The company’s mixed-signal LSI division saw a decrease in sales, particularly in domestic markets, while overseas sales remained strong but still declined overall. In contrast, the AIOT division experienced significant growth driven by smart meter products and communication modules.
Total sales for the AIOT division grew by 119.4%, contributing substantially to the overall performance. THine Electronics continues to invest heavily in research and development, spending ¥421 million in the quarter, up 43.5% from the previous year. Key projects include developing world-first DSP-less optical semiconductor products for AI data centers and advanced V-by-One® HS technology for EV panels and cameras. The company also received government funding for beyond 5G wireless communications technology development.
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