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Shoei (7839) investor relations material
Shoei Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales declined 9.6% year-over-year to ¥32,363 million, with operating income down 13.9% and net income down 14.4% due to lower unit sales and higher costs.
Sales volumes fell in all regions, with notable declines in Japan and Europe due to inventory adjustments and lack of new model launches.
Global economic uncertainty, high prices, and geopolitical tensions dampened consumer sentiment, impacting demand in key markets.
Financial highlights
Net sales decreased by ¥3,427 million (-9.6%) to ¥32,363 million compared to the previous year.
Operating income dropped by ¥1,431 million (-13.9%) to ¥8,899 million year-over-year.
Profit attributable to owners of parent fell by ¥1,059 million (-14.4%) to ¥6,318 million.
Net assets increased to ¥32,236 million, with total assets at ¥37,848 million.
Cash and cash equivalents at period end: ¥19,942 million, up from ¥15,352 million.
Outlook and guidance
Net sales for FY ending September 2026 are forecast to rise by 4.9% to ¥33,950 million, driven by higher unit sales.
Operating income and net income are projected to decrease by 5.9% and 6.0%, respectively, due to U.S. tariffs and reduced unrealized profit impact.
Dividend per share planned at ¥60, unchanged from the prior year, despite expected profit decline and share buybacks.
Sales volume is expected to increase by 25,000 units, with growth in Japan, Europe, and China.
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