Estic (6161) Q2 2026 earnings summary

Executive summary

• First-half FY2026 revenue was ¥3,504 million, down 7.3% YoY; operating profit was ¥579 million, down 7.1%.

• Net income attributable to owners of parent was ¥400 million, down 8.9% YoY.

• Overseas sales accounted for 64.5% of revenue, up from 60.2%; domestic sales declined sharply.

• A single segment focuses on screw fastening equipment and related products.

Financial highlights

• Gross profit was ¥1,591 million, down 1.8%; cost of sales fell 11.3% to ¥1,912 million, while SG&A rose 1.3% to ¥1,011 million.

• Ordinary profit was ¥596 million, down 9.0%; EPS was ¥40.20 versus ¥44.17 a year earlier.

• Operating margin was 16.5%, unchanged; gross margin was 45.4% versus 42.9% YoY.

• Equity ratio was 87.4%, up from 86.1% at the previous fiscal year-end.

• Operating cash flow was ¥196 million versus ¥1,213 million in the prior-year period; investment cash flow was negative ¥658 million.

Outlook and guidance

• FY2026 forecast remains unchanged: revenue ¥8,320 million (+5.6%), operating profit ¥1,698 million (+3.7%), ordinary profit ¥1,734 million (+0.6%) and net income ¥1,192 million (+0.9%).

• Full-year product outlook: hand nutrunner ¥4,893 million (+7.0%), nutrunner ¥1,293 million (-6.9%), screw-tightening equipment ¥1,446 million (+11.1%), servo press ¥126 million (+90.9%) and repair/inspection ¥562 million (+1.6%).

• FY2026 mid-term plan targets ¥8,500 million revenue and ¥1,800 million operating profit; current forecasts equal 97.9% and 94.3% of those targets.

• Annual dividend forecast is ¥29 per share; interim dividend was ¥0, and the forecast payout ratio is 24.2%.