Aida Engineering (6118) Q4 2025 earnings summary

Executive summary

• Net sales rose 4.5% year-over-year to ¥76,006 million, driven by customized and medium/large presses, services, and yen depreciation.

• Operating income surged 53.0% year-over-year to ¥5,529 million, with net income up 81.7% to ¥5,101 million, aided by gains from investment securities sales and tax effects.

• Orders declined 20.9% year-over-year to ¥62,603 million, with order backlog down 17.5% to ¥63,303 million, reflecting weaker demand for high-speed and customized presses.

Financial highlights

• Gross profit increased 17.5% year-over-year to ¥16,040 million, with the gross profit ratio improving from 18.8% to 21.1%.

• Operating income margin rose from 5.0% to 7.3% year-over-year.

• Ordinary income grew 54.6% year-over-year to ¥5,559 million.

• Comprehensive income was ¥5,227 million, down 15.5% from the prior year.

• Cash and cash equivalents at period end were ¥32,984 million, up ¥739 million from the previous year.

Outlook and guidance

• FY2026/3 forecasts: Orders expected to rise 15.0% to ¥72,000 million, net sales up 2.6% to ¥78,000 million.

• Operating income projected to increase 4.9% to ¥5,800 million, but net income expected to decline 17.7% to ¥4,200 million due to absence of prior year one-time gains.

• Dividend forecast raised to ¥37 per share for FY2025 and maintained for FY2026, targeting a payout ratio above 40%.

• Growth anticipated from recovery in high-speed presses and acquisition of a US automation equipment company.