Estic (6161) Q3 2026 earnings summary

Executive summary

• Revenue for the third quarter was ¥5,274 million, down 8.7% year-over-year, with operating profit at ¥906 million, a 21.5% decrease, and net profit attributable to shareholders at ¥628 million, down 19.6%.

• Domestic sales declined 12.5% and overseas sales fell 6.5% year-over-year, with overseas sales ratio rising to 64.6%.

• Profitability was pressured by increased personnel and R&D expenses, as well as lower-than-planned sales in key segments.

Financial highlights

• Gross profit for the quarter was ¥2,439 million, with a gross margin of 46.3%.

• Operating margin was 17.2%, down from 20.0% a year earlier.

• Ordinary profit was ¥936 million, down 18.9% year-over-year.

• EPS for the quarter was ¥63.07, compared to ¥78.48 in the prior year.

• Total assets at quarter-end were ¥12,092 million, with net assets of ¥10,840 million and an equity ratio of 87.9%.

Outlook and guidance

• Full-year revenue is forecast at ¥8,320 million, up 5.6% year-over-year, with operating profit of ¥1,698 million (+3.7%) and net profit of ¥1,192 million (+0.9%).

• No changes to previously announced guidance.

• Dividend forecast is ¥29 per share for the full year.