CMC Corporation (2185) Q4 2026 earnings summary

Executive summary

• FY2026 net sales rose 5.9% YoY to ¥19,333m; operating profit increased 13.9% to ¥3,068m, and profit attributable to owners of parent rose 4.6% to ¥2,248m.

• Operating, ordinary and net profit reached record highs; Manuals growth, overseas gains and productivity supported results amid business-transformation investment.

Financial highlights

• Gross profit increased 10.4% to ¥7,622m from ¥6,904m; operating profit was ¥3,068m, ordinary profit ¥3,406m (+6.3%), and parent-attributable profit ¥2,248m (+4.6%).

• Revenue was 3.3% below forecast; operating profit was 2.3% above forecast, ordinary profit 3.2% above and net income 2.2% above.

• Consolidated cash and cash equivalents increased ¥781m to ¥13,843m at FY-end.

Outlook and guidance

• FY2027 forecast: net sales ¥20,000m (+3.4%), operating profit ¥3,300m (+7.5%), ordinary profit ¥3,500m (+2.8%) and parent-attributable profit ¥2,300m (+2.3%).

• FY2027 EPS is forecast at ¥178.00; operating margin at 16.5% (+0.6 percentage points) and ROE at 9.4%.

• Strategy targets establishing and embedding business transformation to support stable growth; forecasts rely on current information and assumptions, and actual results may differ materially.