Estic (6161) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥1,551 million, up 21.7% year-over-year, with operating profit at ¥175 million (up 6.8%) and net profit attributable to shareholders at ¥131 million (up 35.1%).

• Growth was driven by strong sales of nut runners, hand nut runners, and screw tightening devices, especially in China, despite challenging global automotive market conditions.

• Overseas sales accounted for 67.0% of total revenue, with domestic sales rising 47.5% year-over-year.

Financial highlights

• Operating margin was 11.3% (down from 12.9% year-over-year); ordinary profit margin was 13.1% (up from 12.5%).

• Net assets at quarter-end were ¥10,308 million, down ¥261 million from the previous year-end, mainly due to decreases in retained earnings and foreign currency translation adjustments.

• Total assets decreased to ¥11,699 million, primarily from lower cash, deposits, and receivables.

Outlook and guidance

• Full-year revenue forecast is ¥8,320 million (up 5.6% year-over-year), with operating profit of ¥549 million (up 11.8%) and net profit of ¥389 million (up 11.3%).

• Dividend forecast revised to ¥29 per share for the year.