Tazmo (6266) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY2026 were ¥5,967 million, a 20.6% decrease year-over-year, with operating income at ¥86 million, down 92.9% year-over-year.

• Profit attributable to owners of parent fell 87.0% to ¥111 million year-over-year.

• Revenue and profit both declined compared to the same quarter last year, mainly due to underperformance in semiconductor equipment, material handling, and surface treatment equipment.

• Despite lower sales, profit was broadly in line with internal plans, and order intake for semiconductor manufacturing and material handling systems increased significantly.

• Comprehensive income decreased 48.6% to ¥216 million.

Financial highlights

• Gross profit for Q1 FY2026 was ¥1,625 million, down from ¥2,606 million in Q1 2025.

• Ordinary income was ¥186 million, down 84.1% year-over-year; net income attributable to owners of parent was ¥111 million, down 87.0% year-over-year.

• Basic earnings per share for Q1 2026 was ¥7.71, compared to ¥58.70 in Q1 2025.

• Equity-to-asset ratio stood at 57.0% as of March 31, 2026.

• Net assets per share were ¥1,814.18 at quarter-end.

Outlook and guidance

• FY2026 full-year estimates are net sales of ¥35,500 million and operating income of ¥3,600 million.

• Profit attributable to owners of parent expected to be ¥2,500 million, down 29.4% year-over-year.

• Market recovery is underway, but disparities exist in order volume and timing across business segments.

• Capital investment in advanced packaging and power semiconductors is expected to influence future performance.

• No revisions to previously announced earnings forecasts.