Worth reading
63In focus
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
42
¥100 million (year-on-year increase in operating income)Wording
Definitive
How definitive the wording is.Contents of this document
Financial results presentationThird quarter of the fiscal year ending December 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥71,752 million+27.3%
Operating profit¥7,292 million+141.6%
Ordinary income¥8,258 million+182.8%
Net income¥6,888 million+217.4%
Gross Profit Margin38.4%
Operating profit margin10.2%
Selling, general and administrative expenses¥20,230 million
Results for the three months of the current quarterQuarterly net sales for the third quarter of the fiscal year ending December 2026 were ¥24,831 million. The presentation also includes trends in the quarterly operating margin.
Full-year earnings forecast
Net Sales
¥101,400 million
Operating profit
¥11,000 million
Ordinary income
¥12,000 million
Net income for the current fiscal year
¥9,500 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Sales impact
- Profitability
- Personnel expenses (SG&A expenses)
- Other SG&A expenses
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Average USD/JPY exchange rate during the period158 Yen
- USD/JPY exchange rate at period-end158 Yen
New initiatives
- Promoting the development of ultra-high-precision electrical discharge machines for optical connector processing for AI and data centers
- Expanding automation solutions integrating machining, handling and measurement
- Strengthening remote support through the establishment of a support center
- Expanding production capacity for precision injection molding machines for optical connectors
- Establishing a new showroom at the Kaga Plant for the food machinery business
- Developing high-value-added components using metal 3D printers
Key KPIsA metric the company considers important as a management benchmark.
- Electrical discharge machine orders (total, third quarter)914 Machines
- Electrical discharge machine orders (Greater China, third quarter)613 Machines
- Electrical discharge machine orders (Japan, third quarter)75 Machines
- Electrical discharge machine orders (North and South America, third quarter)74 Machines
- Electrical discharge machine orders (Europe, third quarter)64 Machines
- Electrical discharge machine orders (Asia, third quarter)88 Machines
Segment results
Machine Tool Business
Net Sales
¥55,645 million
Year-on-year change in revenue33.7
Segment profit
¥8,738 million
Year-on-year change in profit101.6
Industrial Machinery Business
Net Sales
¥8,358 million
Year-on-year change in revenue16.3
Segment profit
¥667 million
Year-on-year change in profit82.9
Food Machinery Business
Net Sales
¥4,309 million
Year-on-year change in revenue6.7
Segment profit
¥448 million
Year-on-year change in profit-14
Other businesses
Net Sales
¥3,438 million
Year-on-year change in revenue-1.7
Segment profit
¥37 million
Year-on-year change in profit-35.1
Medium-term management plan targets
Target fiscal yearFY2029
Net Sales
¥1,000 100 million
Operating profit
¥100 100 million
Operating profit margin
10 %
ROE
8 %
PBR
1 x
EPS
130 Yen
Financial targets
ROE
Target value8.0%
Actual valueFY2025 5.2%
PBR
Target value1.0x
Actual valueFY2025 0.5x
Capital expenditures
¥2,474 million
Acquisition of treasury shares
Treasury share repurchases were mentioned. Treasury shares were used for the conversion of AP Fund's convertible bonds into shares, but the amount, number of shares and period for the repurchase program were Not disclosed| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥71,752 million (YoY +27.3%) |
| Operating profit | ¥7,292 million (YoY +141.6%) |
| Ordinary income | ¥8,258 million (YoY +182.8%) |
| Net income | ¥6,888 million (YoY +217.4%) |
| Gross Profit Margin | 38.4% |
| Operating profit margin | 10.2% |
| Selling, general and administrative expenses | ¥20,230 million |
| Results for the three months of the current quarter | Quarterly net sales for the third quarter of the fiscal year ending December 2026 were ¥24,831 million. The presentation also includes trends in the quarterly operating margin. |
| Full-year earnings forecast | Net Sales ¥101,400 million / Operating profit ¥11,000 million / Ordinary income ¥12,000 million / Net income for the current fiscal year ¥9,500 million |
| Segment results | Machine Tool Business Net Sales ¥55,645 million / Year-on-year change in revenue 33.7 / Segment profit ¥8,738 million / Year-on-year change in profit 101.6 / Industrial Machinery Business Net Sales ¥8,358 million / Year-on-year change in revenue 16.3 / Segment profit ¥667 million / Year-on-year change in profit 82.9 / Food Machinery Business Net Sales ¥4,309 million / Year-on-year change in revenue 6.7 / Segment profit ¥448 million / Year-on-year change in profit -14 / Other businesses Net Sales ¥3,438 million / Year-on-year change in revenue -1.7 / Segment profit ¥37 million / Year-on-year change in profit -35.1 |
| Breakdown of Factors Affecting the Change | Sales impact, Profitability, Personnel expenses (SG&A expenses), Other SG&A expenses |
| Key KPIs | Indicator name Electrical discharge machine orders (total, third quarter) / Value 914 Machines / Year on year against the same period last year Not disclosed, Indicator name Electrical discharge machine orders (Greater China, third quarter) / Value 613 Machines / Year on year against the same period last year Not disclosed, Indicator name Electrical discharge machine orders (Japan, third quarter) / Value 75 Machines / Year on year against the same period last year Not disclosed, Indicator name Electrical discharge machine orders (North and South America, third quarter) / Value 74 Machines / Year on year against the same period last year Not disclosed, Indicator name Electrical discharge machine orders (Europe, third quarter) / Value 64 Machines / Year on year against the same period last year Not disclosed, Indicator name Electrical discharge machine orders (Asia, third quarter) / Value 88 Machines / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Item Average USD/JPY exchange rate during the period / Value 158 Yen, Item USD/JPY exchange rate at period-end / Value 158 Yen |
| Medium-term management plan targets | Target fiscal year FY2029 / Net Sales ¥1,000 100 million / Operating profit ¥100 100 million / Operating profit margin 10 % / ROE 8 % / PBR 1 x / EPS 130 Yen |
| Financial targets | ROE Target value 8.0% / Actual value FY2025 5.2% / PBR Target value 1.0x / Actual value FY2025 0.5x |
| Acquisition of treasury shares | Treasury share repurchases were mentioned. Treasury shares were used for the conversion of AP Fund's convertible bonds into shares, but the amount, number of shares and period for the repurchase program were Not disclosed |
| Capital expenditures | ¥2,474 million |
| New initiatives | Promoting the development of ultra-high-precision electrical discharge machines for optical connector processing for AI and data centers, Expanding automation solutions integrating machining, handling and measurement, Strengthening remote support through the establishment of a support center, Expanding production capacity for precision injection molding machines for optical connectors, Establishing a new showroom at the Kaga Plant for the food machinery business, Developing high-value-added components using metal 3D printers |
Items this document does not state (11)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendPayout 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.In the machine tools business, sales of electrical discharge machines remained strong across all regions, while in the industrial machinery business, demand for optical connectors for data centers continued. Higher factory utilization resulting from increased production volumes and improved production efficiency also supported profit growth. The upward revision to the full-year forecast reflects electrical discharge machine sales in Greater China, sales of precision injection molding machines related to AI and data centers, higher factory utilization accompanying increased production volumes, and relocation compensation recorded in the third quarter, among other factors.
How to read this page
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