PILLAR (6490) Q3 2026 earnings summary

Executive summary

• Sales and operating income increased year-on-year in Q3, driven by strong overseas semiconductor market demand, especially in China, while the domestic market showed signs of recovery.

• Net sales for the nine months ended December 31, 2025, increased 1.7% year-over-year to ¥42,887 million.

• Operating profit rose 3.8% year-over-year to ¥8,656 million, and ordinary profit increased 6.8% to ¥9,335 million.

• Profit attributable to owners of parent grew 6.8% year-over-year to ¥6,542 million.

• Comprehensive income surged 61.2% year-over-year to ¥7,621 million.

Financial highlights

• Q3 sales rose 1.7% year-on-year to 42,887 million yen; operating income increased 3.8% to 8,656 million yen; net income grew 6.8% to 6,542 million yen.

• Gross profit for the period was ¥17,429 million, up from ¥16,461 million year-over-year.

• Earnings per share for the nine months reached ¥283.38, compared to ¥262.68 in the prior year.

• Total assets as of December 31, 2025, were ¥100,713 million, with net assets at ¥76,753 million.

• Overseas sales ratio reached 36.1% for the third-quarter cumulative period, up 8.2 percentage points year-on-year.

Outlook and guidance

• Full-year sales forecast at 58,000 million yen, operating income at 12,000 million yen (up 5.9% year-on-year), and net income at 8,500 million yen.

• Earnings per share for the full year are forecast at ¥368.18.

• Dividend forecast raised to 130 yen per share, with a payout ratio of 35.3%.

• Domestic semiconductor market expected to recover in Q4, supporting improved income and productivity.

• Full-year net sales forecast for the year ending March 31, 2026, is ¥58,000 million, flat year-over-year.