Inabata (8098) Q1 2026 earnings summary

Executive summary

• Ordinary profit reached a record high in Q1 FY03/26, rising 1.8% year-over-year to ¥7.3 billion, driven by increased dividend income and equity method gains.

• Net sales declined 4.4% year-over-year to ¥204.1 billion, mainly due to the impact of a stronger yen and absence of large-scale equipment sales.

• Operating profit fell 3.0% year-over-year to ¥6.6 billion, reflecting lower net sales.

• Profit attributable to owners of parent decreased 5.1% year-over-year to ¥6.0 billion, partly due to lower gains on sales of investment securities.

• Comprehensive income dropped sharply to ¥4,724 million from ¥15,413 million a year earlier, mainly due to negative foreign currency translation adjustments.

Financial highlights

• Net sales: ¥204.1 billion (-4.4% YoY); operating profit: ¥6.6 billion (-3.0% YoY); ordinary profit: ¥7.3 billion (+1.8% YoY); profit attributable to owners of parent: ¥6.0 billion (-5.1% YoY).

• Gross profit increased to ¥20,258 million from ¥19,657 million year-over-year.

• Earnings per share for the quarter were ¥111.70, down from ¥116.10 year-over-year.

• Total assets as of June 30, 2025, were ¥448,411 million, up 1.5% from March 31, 2025.

• Equity ratio decreased to 46.2% from 47.1% at the previous fiscal year-end.

Outlook and guidance

• No changes to the initial FY03/26 full-year forecasts: net sales ¥870.0 billion, operating profit ¥25.5 billion, ordinary profit ¥25.5 billion, profit attributable to owners of parent ¥19.5 billion.

• Annual dividend planned at ¥128.0 per share, marking the eighth consecutive year of increases.

• Q1 achievement rates: net sales 23.5%, operating profit 26.0%, ordinary profit 28.9%, profit attributable to owners of parent 31.0% of full-year forecasts.