Shibaura Mechatronics (6590) Q1 2027 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2026, were 20.0 billion yen, a 7% decrease year-over-year.

• Operating income was 2.9 billion yen, down 30% year-over-year.

• Net income attributable to owners was 1.9 billion yen, a 33% decrease year-over-year.

• Orders received surged 191% year-over-year to 52.0 billion yen, driven by strong demand for back-end semiconductor equipment, especially for advanced packages reflecting generative AI demand.

• Backlog of orders reached 80.3 billion yen as of June 30, 2026.

Financial highlights

• Basic earnings per share for the quarter was 29.54 yen, compared to 43.83 yen in the prior year.

• Total assets as of June 30, 2026, were 95,658 million yen, down from 100,876 million yen at March 31, 2026.

• Net assets stood at 53,606 million yen, with an equity-to-asset ratio of 56.0%.

• Net assets per share were 816.68 yen as of June 30, 2026.

• ROS (Return on Sales): 14.2%, down 4.7 points YoY.

Outlook and guidance

• Full-year financial forecast remains unchanged from previous guidance.

• Full-year net sales forecast for fiscal year ending March 31, 2027, is 99.0 billion yen, up 12.4% year-over-year.

• Operating income is projected at 16.0 billion yen, a 4.8% increase year-over-year.

• Net income attributable to owners is forecast at 11.9 billion yen, up 6.5% year-over-year.

• Basic earnings per share for the full year is expected to be 181.29 yen.