SOMAR Corporation (8152) Q1 2026 earnings summary

Executive summary

• Revenue increased 2.6% year-over-year to ¥7,507 million, driven by steady order intake, but all profit levels declined due to higher raw material and energy costs.

• Operating profit fell 7.1% year-over-year to ¥645 million, and net profit attributable to shareholders dropped 33.6% to ¥457 million, impacted by the absence of prior-year one-time gains and increased costs.

• The business environment remains uncertain due to yen depreciation, rising prices, interest rates, and global geopolitical risks.

Financial highlights

• Gross profit was ¥1,636 million, nearly flat year-over-year, while operating margin declined.

• Ordinary profit decreased 26.2% year-over-year to ¥635 million, mainly due to a swing from prior-year forex gains to forex losses.

• Comprehensive income turned negative at -¥120 million, compared to ¥775 million in the prior year.

• EPS was ¥236.03, down from ¥355.46 a year earlier.

Outlook and guidance

• Full-year revenue is forecast at ¥31,900 million (up 5.1% year-over-year), with operating profit of ¥2,580 million (up 0.4%) and net profit of ¥1,860 million (down 28.1%).

• No changes to previously announced earnings guidance.