Shibuya (6340) Q2 2026 earnings summary

Executive summary

• FY26 Q2 net sales rose 0.9% YoY to ¥63,063m; operating profit fell 31.4% to ¥5,056m, ordinary profit fell 28.1% to ¥5,311m, and net income declined 21.1% to ¥4,023m.

• Packaging plant sales and operating profit increased, while mechatronics and agricultural equipment sales and operating results declined.

Financial highlights

• Gross profit was ¥11,106m, down 13.3% YoY; SG&A rose 11.2% to ¥6,050m.

• Diluted EPS was ¥145.43, compared with ¥184.36 in the prior year.

• Comprehensive income was ¥5,029m, down 8.0% YoY.

• Total assets were ¥160,314m and net assets ¥111,574m as of December 31, 2025; the equity ratio was 69.6%.

Outlook and guidance

• FY26 forecast unchanged: net sales ¥133,000m, up 3.1% YoY; operating profit ¥13,000m, down 5.4%; ordinary profit ¥13,200m, down 4.2%; net income ¥9,300m, down 7.5%.

• Forecast EPS is ¥336.15; annual dividend forecast is ¥95 per share, unchanged from the prior year.

• Higher fixed costs, material and energy prices, and plant product mix are expected to pressure profit.