Estic (6161) Q4 2026 earnings summary

Executive summary

• FY2026 revenue rose 1.9% to ¥8,033m, while operating profit fell 3.8% to ¥1,574m amid raw-material and labor cost pressure, quality-improvement expenses and product-mix changes.

• Overseas sales increased 10.5% to 67.6% of total sales, offsetting domestic weakness; FY2027 guidance projects higher revenue and profit.

Financial highlights

• Gross profit was ¥3,588m, down 2.0%; gross margin was 44.7%, versus 46.5% in FY2025. SG&A was ¥2,013m, down 0.6%.

• Ordinary profit was ¥1,659m, down 3.7%; net income attributable to owners was ¥1,163m, down year over year.

• EPS was ¥116.72, compared with ¥118.73 in FY2025; operating margin fell to 19.6% from 20.8%.

• Cash and equivalents at year-end were ¥2,730m, down ¥628m; operating cash flow was ¥592m, compared with ¥2,059m.

Outlook and guidance

• FY2027 forecast: revenue ¥8,602m (+7.1%), operating profit ¥1,707m (+8.4%), ordinary profit ¥1,742m (+5.0%) and net income ¥1,219m (+4.8%).

• FY2027 gross profit is forecast at ¥4,070m, or 47.3% of revenue, and SG&A at ¥2,362m, or 27.5%.

• Product forecasts: hand nutrunners +24.2% to ¥5,518m; screw-fastening equipment -27.4% to ¥1,248m; servo presses +70.4% to ¥150m.

• FY2027 annual dividend is forecast at ¥31 per share, up from ¥29 in FY2026.