PILLAR (6490) Q1 2026 earnings summary

Executive summary

• Q1 sales rose 3.1% year-over-year to 13.5 billion yen, with operating income up 8.4% to 2.7 billion yen and net income up 0.7% to 1.98 billion yen.

• Comprehensive income declined 6.8% year-over-year to 1.73 billion yen.

• Sales and profits slightly exceeded plans, driven by strong overseas sales in electronic equipment and robust industrial equipment performance.

• Full-year earnings forecast remains unchanged, with sales projected at 57.5 billion yen and operating income at 10.3 billion yen.

Financial highlights

• Orders received increased 8.1% year-over-year to 14.4 billion yen, while order backlog declined 13.6% to 13.2 billion yen.

• Operating income margin improved to 20.0% from 19.1% year-over-year.

• Ordinary income decreased 5.4% year-over-year to 2.77 billion yen.

• Net earnings per share rose slightly to 84.95 yen.

• Gross profit increased to 5.5 billion yen from 5.18 billion yen year-over-year.

Outlook and guidance

• Full-year sales forecast is 57.5 billion yen, down 0.8% year-over-year; operating income forecast is 10.3 billion yen, down 9.1%.

• Net income for the year is projected at 7.2 billion yen, a 13.2% decrease year-over-year, with EPS of 308.68 yen.

• Dividend forecast is 105 yen per share, with a payout ratio of 34.0%, down from 125 yen in FY2025.

• Largest-ever share buyback of 2 billion yen announced.

• No revisions to previously announced forecasts.