Shoei (7839) Q3 2026 earnings summary

Executive summary

• Net sales increased by 6.2% year-over-year to ¥24,348 million in the third quarter, driven by higher unit prices despite a slight decline in units sold.

• Operating income rose 9.3% to ¥7,329 million, aided by a weaker yen and improved profitability.

• Profit attributable to owners of parent grew 12.4% year-over-year to ¥5,200 million.

• Comprehensive income surged 38.4% year-over-year to ¥5,844 million.

Financial highlights

• Gross profit for the nine months reached ¥12,058 million, up from ¥10,878 million year-over-year.

• Ordinary profit rose 14.0% year-over-year to ¥7,558 million.

• Basic earnings per share increased to ¥100.59 from ¥88.05 year-over-year.

• Net assets as of June 30, 2026, stood at ¥32,465 million, with an equity-to-asset ratio of 85.7%.

• Average foreign exchange rates: USD/JPY 157.75, EUR/JPY 183.08 for the quarter.

Outlook and guidance

• Full-year net sales forecast is ¥33,950 million, up 4.9% year-over-year.

• Operating profit is projected at ¥8,370 million, down 5.9% year-over-year.

• Profit attributable to owners of parent is forecast at ¥5,940 million, down 6.0% year-over-year.

• No changes to the previously announced full-year forecast, with the company monitoring global uncertainties.