Shima Seiki Mfg (6222) Q1 2027 earnings summary

Executive summary

• Net sales for FY2026 Q1 were ¥7,649 million, a 27.3% decrease year-over-year from ¥10,519 million.

• Operating income was negative at ¥847 million, compared to a positive ¥307 million in the prior year.

• Net income attributable to owners was negative ¥588 million, down from ¥907 million year-over-year.

• Comprehensive income improved to ¥752 million from ¥586 million year-over-year, driven by foreign currency translation gains.

Financial highlights

• Ordinary income for FY2026 Q1 was negative ¥500 million, compared to ¥1,012 million in FY2025 Q1.

• Gross profit declined to ¥3,187 million from ¥3,502 million year-over-year.

• Basic earnings per share was negative ¥17.35, compared to ¥26.36 in the previous year.

• Total assets increased to ¥111,960 million from ¥109,531 million at the previous fiscal year-end.

• Equity-to-asset ratio stood at 73.9% as of June 30, 2026.

Outlook and guidance

• Full-year FY2027 net sales forecast at ¥41,000 million, up 22.4% from FY2026.

• Operating income projected at ¥300 million, a turnaround from a ¥1,720 million loss.

• Net income attributable to owners forecasted at ¥1,000 million, up from a loss in FY2026.

• Basic earnings per share forecasted at ¥26.53 for the fiscal year ending March 31, 2027.

• Exchange rate assumptions: JPY/USD 157, JPY/EUR 183 for FY2027.