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Financial results presentation6143Sodick Co.,Ltd.Machinery

Financial Results Briefing Materials for the First Quarter of the Fiscal Year Ending December 2026

In Q1 FY2026, consolidated net sales and operating profit exceeded the year-earlier period, driven by higher sales of electrical discharge machines and increased factory utilization. The Food Machinery and Other businesses reported lower sales and profits, but the full-year forecasts were unchanged.

Worth reading
82Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
14.9
Year-on-year revenue growth (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending December 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥21,624 million+14.9%
Operating profit¥1,778 million+38.8%
Ordinary income¥2,190 million+100.8%
Net income¥1,957 million+106.8%
Gross Profit Margin36.7%
Operating profit margin8.2%
Selling, general and administrative expenses¥6,164 million
Results for the three months of the current quarterNet sales of ¥21.6 billion, operating profit of ¥1.7 billion, ordinary profit of ¥2.2 billion, and net income of ¥1.9 billion. Three-month results by segment are also provided.
Full-year earnings forecast
Net Sales
¥88,500 million
Operating profit
¥5,500 million
Ordinary income
¥6,000 million
Net income for the current fiscal year
¥5,100 million
Operating profit margin
6.2%
ROE
5.6%
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales24.4%
Total segment profit30.6%
Operating profit32.3%
Ordinary income36.5%
Net income for the current fiscal year38.4%
Machine Tools business net sales25.8%
Machine Tools business segment profit36.5%
Industrial Machinery Business revenue22.7%
Industrial Machinery Business segment profit9.8%
Food Machinery business net sales17.0%
Food Machinery business segment profit20.6%
Other Businesses net sales22.6%
Other businesses segment profit4.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Profit progress is ahead of plan due to higher sales, increased factory utilization, foreign exchange effects and other factors
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Factors contributing to higher profit
Total
¥1,336 million
Factors
  • Higher sales in the Machine Tools business
  • Higher factory utilization
Factors behind lower profit
Total
¥839 million
Factors
  • Higher personnel expenses (SG&A expenses)
  • Higher bonuses (SG&A expenses)
  • Increase in other SG&A
  • Amortization of goodwill and other expenses related to the consolidation of AltForm
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average USD/JPY rate during the period155
USD/JPY rate at period-end155
Average EUR/JPY rate during the period180
EUR/JPY rate at period-end180
Average CHN/JPY rate during the period22
Average THB/JPY rate during the period4.8
New initiatives
  • Change the disclosure classification of the linear motor business from the Other business to the Machine Tools business
  • Strengthen sales capabilities, solutions capabilities and management systems with AP, and promote M&A
  • Globalization, solution provision and enhancement of added value toward FY2029
  • Change in the shareholder return policy, including share repurchases
Key KPIsA metric the company considers important as a management benchmark.
  • Total electrical discharge machine orders1,072 Units
  • Total electrical discharge machine sales volume705 Units
  • ROE8.6%
    Year on year against the same period last year+4.0pt
  • Equity ratio58.4%
    Year on year against the same period last year+0.3pt
  • D/E ratio0.55 times
    Year on year against the same period last year+0.01
  • PBR0.9x (March 2026)
Segment results
Machine-tool Business
Net Sales
¥16,670 million
Year-on-year change in revenue+22.4%
Segment profit
¥2,302 million
Year-on-year change in profit+46.6%
Industrial-Machinery Business
Net Sales
¥2,384 million
Year-on-year change in revenue+1.2%
Segment profit
¥78 million
Year-on-year change in profit+19.0%
Food-Machinery Business
Net Sales
¥1,306 million
Year-on-year change in revenue-14.9%
Segment profit
¥206 million
Year-on-year change in profit-34.5%
Other Businesses
Net Sales
¥1,264 million
Year-on-year change in revenue-3.7%
Segment profit
¥17 million
Year-on-year change in profit-55.6%
Medium-term management plan targets
Target fiscal yearFY2029
Net Sales¥100 billion
Operating profit¥10.0 billion
Operating profit margin10.0%
ROE8.0%
EPS¥130
PBR1.0x
Financial targets
ROE
Target8.0%（FY2029）
Actual results8.6% (Q1 FY2026)
Equity ratio
Actual results58.4%
Debt-to-equity ratio
Actual results0.55x
PBR
Target1.0x (FY2029)
Actual results0.9x (March 2026)
Number of employees
Standalone1,171 people
Consolidated3,273 people
Capital expenditures
¥544 million
Annual Dividend
FY2026 forecast¥35 per share
Interim¥14 per share
End of period¥15 per share
Commemorative dividend¥6 per share
Acquisition of treasury shares
Approximately ¥1 billion
Number of Shares716,000 shares
Period16 February–15 April 2026
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending December 2026
Net Sales¥21,624 million (YoY +14.9%)
Operating profit¥1,778 million (YoY +38.8%)
Ordinary income¥2,190 million (YoY +100.8%)
Net income¥1,957 million (YoY +106.8%)
Gross Profit Margin36.7%
Operating profit margin8.2%
Selling, general and administrative expenses¥6,164 million
Results for the three months of the current quarterNet sales of ¥21.6 billion, operating profit of ¥1.7 billion, ordinary profit of ¥2.2 billion, and net income of ¥1.9 billion. Three-month results by segment are also provided.
Full-year earnings forecastNet Sales ¥88,500 million / Operating profit ¥5,500 million / Ordinary income ¥6,000 million / Net income for the current fiscal year ¥5,100 million / Operating profit margin 6.2% / ROE 5.6%
Progress against full-year forecastNet Sales 24.4% / Total segment profit 30.6% / Operating profit 32.3% / Ordinary income 36.5% / Net income for the current fiscal year 38.4% / Machine Tools business net sales 25.8% / Machine Tools business segment profit 36.5% / Industrial Machinery Business revenue 22.7% / Industrial Machinery Business segment profit 9.8% / Food Machinery business net sales 17.0% / Food Machinery business segment profit 20.6% / Other Businesses net sales 22.6% / Other businesses segment profit 4.3%
Self-assessment against the planProfit progress is ahead of plan due to higher sales, increased factory utilization, foreign exchange effects and other factors
Segment resultsMachine-tool Business Net Sales ¥16,670 million / Year-on-year change in revenue +22.4% / Segment profit ¥2,302 million / Year-on-year change in profit +46.6% / Industrial-Machinery Business Net Sales ¥2,384 million / Year-on-year change in revenue +1.2% / Segment profit ¥78 million / Year-on-year change in profit +19.0% / Food-Machinery Business Net Sales ¥1,306 million / Year-on-year change in revenue -14.9% / Segment profit ¥206 million / Year-on-year change in profit -34.5% / Other Businesses Net Sales ¥1,264 million / Year-on-year change in revenue -3.7% / Segment profit ¥17 million / Year-on-year change in profit -55.6%
Breakdown of Factors Affecting the ChangeFactors contributing to higher profit Total ¥1,336 million / Factors Higher sales in the Machine Tools business, Higher factory utilization / Factors behind lower profit Total ¥839 million / Factors Higher personnel expenses (SG&A expenses), Higher bonuses (SG&A expenses), Increase in other SG&A, Amortization of goodwill and other expenses related to the consolidation of AltForm
Key KPIsIndicator name Total electrical discharge machine orders / Value 1,072 Units / Year on year against the same period last year Not disclosed, Indicator name Total electrical discharge machine sales volume / Value 705 Units / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 8.6% / Year on year against the same period last year +4.0pt, Indicator name Equity ratio / Value 58.4% / Year on year against the same period last year +0.3pt, Indicator name D/E ratio / Value 0.55 times / Year on year against the same period last year +0.01 times, Indicator name PBR / Value 0.9x (March 2026) / Year on year against the same period last year Not disclosed
Number of employeesStandalone 1,171 people / Consolidated 3,273 people / Change during the period Not disclosed / Hiring plan Not disclosed
Assumptions Underlying the Business OutlookAverage USD/JPY rate during the period 155 / USD/JPY rate at period-end 155 / Average EUR/JPY rate during the period 180 / EUR/JPY rate at period-end 180 / Average CHN/JPY rate during the period 22 / Average THB/JPY rate during the period 4.8
Medium-term management plan targetsTarget fiscal year FY2029 / Net Sales ¥100 billion / Operating profit ¥10.0 billion / Operating profit margin 10.0% / ROE 8.0% / EPS ¥130 / PBR 1.0x
Financial targetsROE Target 8.0%（FY2029） / Actual results 8.6% (Q1 FY2026) / Equity ratio Actual results 58.4% / Debt-to-equity ratio Actual results 0.55x / PBR Target 1.0x (FY2029) / Actual results 0.9x (March 2026)
Annual DividendFY2026 forecast ¥35 per share / Interim ¥14 per share / End of period ¥15 per share / Commemorative dividend ¥6 per share
Acquisition of treasury sharesAmount Approximately ¥1 billion / Number of Shares 716,000 shares / Period 16 February–15 April 2026
Capital expenditures¥544 million
New initiativesChange the disclosure classification of the linear motor business from the Other business to the Machine Tools business, Strengthen sales capabilities, solutions capabilities and management systems with AP, and promote M&A, Globalization, solution provision and enhancement of added value toward FY2029, Change in the shareholder return policy, including share repurchases
Items this document does not state (7)
Unit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookPayout ratioOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Machine Tools business reported higher sales and profits due to an increase in electrical discharge machine sales volume and higher factory utilization. On a consolidated basis, in addition to the impact of higher sales and improved profitability, foreign exchange gains of ¥200 million and gains on sales of fixed assets of ¥300 million boosted ordinary profit and net income. The Food Machinery business reported lower sales due to a decline in sales amid changes in the competitive environment for aseptic packaged rice manufacturing equipment, while the Other business reported lower sales and profits due to the postponement of projects in its elemental technologies business.

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Financial Results Briefing Materials for the First Quarter of the Fiscal Year Ending December 2026 | Sodick Co.,Ltd. (6143) timely disclosure | Komori