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Shoei (7839) investor relations material
Shoei Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY2026 net sales rose 7.6% to ¥34,814.9m, operating profit increased 11.7% to ¥9,942.2m and parent profit rose 14.3% to ¥7,223.0m.
Consolidated unit sales grew 1.7%, supported by price increases, yen depreciation and stronger demand in China and Japan despite weaker European volumes.
Financial highlights
Gross profit increased to ¥16,705.1m from ¥15,023.9m; ordinary profit rose 14.7% to ¥10,207.8m.
Operating income benefited from higher sales volume, unit prices and yen depreciation; higher cost of sales and SG&A expenses offset some gains.
Basic EPS was ¥140.06; comprehensive income increased to ¥8,113.0m from ¥6,295.9m.
Outlook and guidance
FY2027 net sales are forecast at ¥36,910m (+6.0%); operating income at ¥9,450m (-5.0%), ordinary profit at ¥9,590m (-6.1%) and parent profit at ¥6,850m (-5.2%).
Unit sales are forecast to rise 8.4% to 701 thousand; regional sales forecasts are North America +20.3%, China +12.6%, Japan +5.3% and Europe +1.5%.
Guidance assumes ¥155/$ and ¥175/€; yen strength, the comparison with prior US tariff refunds and higher R&D costs are expected to weigh on profits.
- Profits and sales grew on strong Asian demand, offsetting declines in other regions.7839
Q3 2026 - Profit and sales grew year-over-year, driven by strong Asia demand and a weaker yen.7839
Q2 2026 - Sales and profits fell, but Asia and China showed strong growth; guidance unchanged.7839
Q1 2026 - Sales and profits fell; outlook sees sales recovery but profit pressures from tariffs to persist.7839
Q4 2025 - Sales and profit fell year-over-year, with North America as the only major growth market.7839
Q3 2025 - Sales and profits rose, but FY2025 is forecast to see declines.7839
Q4 2024 - Sales up 3.7% year-over-year, but profit dipped as costs rose; outlook remains cautious.7839
Q3 2024 - Sales and profits fell on lower volumes, but North America showed growth; outlook unchanged.7839
Q2 2025 - Sales and profit fell, but Asia's growth and stable outlook support unchanged guidance.7839
Q1 2025
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