Makino Milling Machine (6135) Q4 2026 earnings summary

Executive summary

• Net sales reached ¥261,184 million in FY2025, up 11.5% year-over-year, with record operating profits and strong growth across all major regions and industries.

• Operating profit increased 35.2% to ¥25,035 million, and ordinary profit grew 35.9% to ¥27,299 million.

• Profit attributable to owners of parent surged 45.6% to ¥20,992 million.

• Comprehensive income reached ¥37,087 million, up from ¥10,854 million the previous year.

• Orders increased year-over-year, especially in America and Asia, with significant gains in Die & Mold and aerospace sectors.

Financial highlights

• FY2025 net sales: ¥261.2 billion, up 11.5% year-over-year; operating income: ¥25.0 billion, up 35.2%.

• Gross profit improved to ¥82,324 million from ¥72,439 million year-over-year.

• Basic earnings per share increased to ¥897.49 from ¥613.17 year-over-year.

• Cash and cash equivalents at year-end were ¥75,151 million, up from ¥64,067 million.

• Actual results exceeded FY2025 forecasts for all major profit lines.

Outlook and guidance

• FY2026 net sales forecast: ¥276.0 billion; operating income: ¥27.6 billion (10.0% margin); net income: ¥22.1 billion.

• Basic earnings per share forecasted at ¥944.78 for FY2027.

• Annual dividend per share projected at ¥340.00 for FY2027.

• Orders expected to rise further in America, supporting overall growth.

• New product launches and expanded production capacity planned to meet evolving customer needs.