Yamazen (8051) investor relations material

Executive summary

• Net sales for FY2026 Q1 rose 15.6% year-over-year to 145,862 million yen, driven by strong overseas capital investment demand and robust sales in automation, labor-saving, and housing equipment.

• Operating profit increased 66.8% year-over-year to 2,890 million yen, as higher gross profit offset increased personnel and depreciation costs.

• Ordinary profit surged 76.6% year-over-year to 3,160 million yen.

• Profit attributable to owners of parent grew 4.9% year-over-year to 1,913 million yen, despite a significant drop in extraordinary gains from shareholding sales.

• Comprehensive income rose to 6,768 million yen from 498 million yen a year earlier.

Financial highlights

• Gross profit rose 17.1% year-over-year to 22,391 million yen, with gross margin improving by 0.2pt to 15.4%.

• Basic earnings per share for the quarter was 21.57 yen, up from 21.37 yen in the prior year.

• Total assets as of June 30, 2026, were 359,219 million yen, up from 351,990 million yen at the previous fiscal year-end.

• Shareholders’ equity ratio at 39.9% at end of June 2026, up from 39.3% at March 31, 2026.

• Net assets per share increased to 1,621.34 yen.

Outlook and guidance

• Full-year FY2026 net sales forecast revised to 585,000 million yen (+8.0% YoY), with operating profit expected at 15,000 million yen (+24.6% YoY).

• Ordinary profit forecast at 15,400 million yen (+18.4% YoY), profit attributable to owners of parent at 10,000 million yen (+7.2% YoY), and basic EPS forecast at 115.92 yen.

• Production Equipment segment full-year net sales forecast at 385,000 million yen (+10.2% YoY), segment profit at 14,500 million yen (+39.1% YoY).

• Management expects continued demand in semiconductors, AI, data centers, aerospace, and defense, but will monitor market trends closely for the second half.

• Earnings forecasts have been revised; details are available in a separate notice.