SPK (7466) Q4 2026 earnings summary

Executive summary

• Achieved record-high consolidated sales and operating profit for the fiscal year, with net sales rising 9.5% year-over-year to ¥75,246 million and operating profit up 8.4%, continuing strong performance into the second year of the mid-term plan.

• Growth driven by robust demand in the automotive aftermarket parts and CUSPA divisions, and successful integration of Blitz, despite increased costs and geopolitical risks.

• Maintained 28 consecutive years of dividend increases, with a further increase planned.

• The company is in the second year of its mid-term management plan aiming for global expansion in the mobility business by 2030.

Financial highlights

• Consolidated sales rose 9.5% year-over-year to ¥75,246 million; operating profit up 8.4% to ¥3,587 million; net income attributable to parent increased 7.8% to ¥2,692 million.

• Gross profit increased to ¥14,437 million from ¥12,871 million year-over-year.

• Operating margin remained stable at 4.8%.

• Equity ratio remained stable at 61.0%, with net assets per share rising to ¥1,444.86.

• Cash and deposits increased by ¥1,721 million to ¥9,593 million.

Outlook and guidance

• FY2026 sales forecasted to grow 6.3% year-over-year to ¥80,000 million; operating profit expected to rise 3.1% to ¥3,700 million; net income projected at ¥2,730 million (+1.4% year-over-year); dividend per share planned at ¥41.00.

• The company expects continued growth in both domestic and overseas automotive aftermarket parts, with a focus on productivity and new business initiatives.

• Continued investment in human capital and anticipation of persistent high costs.