Yushin Company (6482) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, declined 10.8% year-over-year to ¥16,748 million, with operating profit down 78.4% to ¥303 million and profit attributable to owners of parent down 74.8% to ¥244 million, impacted by higher personnel and R&D expenses and raw material costs.

• Orders received increased 8.9% year-over-year, mainly for custom-designed machines, but net sales remained sluggish.

• The global economic environment remained uncertain due to U.S. tariff policies and rising energy and raw material prices.

Financial highlights

• Gross profit for the nine months was ¥6,424 million, down from ¥7,497 million year-over-year.

• Comprehensive income decreased 9.5% year-over-year to ¥1,202 million.

• Basic earnings per share dropped to ¥7.20 from ¥28.50 year-over-year.

• Total assets as of December 31, 2025, were ¥40,486 million, down ¥559 million from March 31, 2025.

• Net assets increased slightly to ¥35,572 million, with an equity ratio of 86.9%.

Outlook and guidance

• Full-year consolidated earnings forecasts for FY2026 remain unchanged: net sales of ¥23,000 million (down 12.0% year-over-year), operating profit of ¥1,500 million (down 42.0%), and profit attributable to owners of parent of ¥1,000 million (down 40.9%).

• Annual dividend forecast is ¥20 per share.