TSE:7313Auto Components
TS TECH (TSE:7313) Stock Premium Looks Fragile As Margins Stay Thin
TS TECH went into this print with a rich P/E multiple and a stock that had drifted only slightly over the past week. The headline today is not revenue growth; it is pressure on profitability. Q1 2027 basic earnings per share landed at ¥13.69 and net income was ¥1,598m, both well below the strong second half of last year. For an auto parts supplier that investors often treat as a steady compounder, this kind of margin squeeze hits confidence fast, even if the share price move so far looks...