Eiwa (9857) Q3 2026 earnings summary

Executive summary

• Consolidated net sales for Q3 FY2026 rose 4.5% year-over-year to ¥33,726 million, driven by strong demand in the chemical, steel, shipbuilding, and construction/plant sectors.

• Operating income increased 10.3% year-over-year to ¥2,079 million, and net income attributable to shareholders grew 4.7% to ¥1,448 million.

• Growth was offset by declines in machinery, electrical equipment, and special vehicles, with special vehicle sales impacted by supply chain delays.

• The company continued to focus on digital and green transformation initiatives and infrastructure-related investments.

Financial highlights

• Net sales: ¥33,726 million (+4.5% year-over-year).

• Operating income: ¥2,079 million (+10.3% year-over-year).

• Ordinary income: ¥2,138 million (+10.0% year-over-year).

• Net income attributable to shareholders: ¥1,448 million (+4.7% year-over-year).

• Gross profit margin improved, with gross profit at ¥5,958 million (up 6.4%).

Outlook and guidance

• Full-year FY2026 sales forecast: ¥48,500 million.

• Full-year operating income forecast: ¥2,860 million; ordinary income: ¥2,920 million; net income: ¥1,960 million.

• ROE target set at 11% or higher.

• No changes have been made to previously announced guidance.