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Earnings6262PEGASUS CO.,LTD.Machinery

Summary of Financial Results for the Second Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, net sales fell 13.4% year on year and operating profit fell 88.2%, resulting in an ordinary loss and a net loss. The full-year earnings forecast was revised, and the annual dividend forecast was raised to ¥80.

Worth reading
67In focus
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-13.4
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales9,877¥ millionYear on year -13.4%Progress 48.6%
Operating profit79¥ millionYear on year -88.2%Progress 60.3%
Ordinary income-64¥ million
Net income attributable to owners of the parent-225¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥9.43
Financial position at period-end
Total assets44,551¥ million
of which net assets 34,702 ¥ millionEquity ratio 75.3%vs. prior year-end +2.8pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+926
Investment-416
Financials-2,069
Net change-1,559

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥7,657 million
Segment revenue
Apparel Machinery business6,03161.1%-20.6%
Automotive business3,84538.9%+0.8%
Segment profit
Apparel Machinery business50564.9%-29.5%
Automotive business27335.1%-48.1%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥20,306 million (YoY -6.2%)
Operating profit¥131 million (YoY -86.2%)
Ordinary income¥-122 million
Profit attributable to owners of the parent¥-435 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥20,306 million / Operating profit Not disclosed → ¥131 million / Ordinary income Not disclosed → ¥-122 million / Profit attributable to owners of the parent Not disclosed → ¥-435 million
Annual Dividend Forecast¥30 → ¥80(+166.7%)
Factors Behind Changes in Business Performance

Although sales were affected by foreign exchange movements, sales in the Apparel Machinery business declined, while sales in the Automotive business remained almost flat, with only a slight increase. The decline in sales was the primary factor behind the decrease in profit.

Disclosure regarding the going concern assumption

No applicable items

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsA resolution was passed to dissolve and liquidate the consolidated subsidiary PEGASUS SEWING MACHINE PTE. LTD. and establish the Indian entity PEGASUS INDIA INDUSTRIAL SOLUTIONS PRIVATE LIMITED.
Impairment lossNo applicable matters
Depreciation and amortization¥622 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End24,828,600
Treasury Shares at Period-End841,187
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥9,877 million (YoY -13.4%)
Operating profit¥79 million (YoY -88.2%)
Ordinary income¥-64 million
Profit attributable to owners of the parent¥-225 million
Net income per share-¥9.43
Equity ratioEnd of the current fiscal period 75.3% / End of previous period 72.5%
Total assets¥44,551 million
Net assets¥34,702 million
Cash flows from operating activities¥926 million
Cash flows from investing activities¥-416 million
Cash flows from financing activities¥-2,069 million
Cash and cash equivalents at end of period¥7,657 million
Full-year earnings forecastNet Sales ¥20,306 million (YoY -6.2%) / Operating profit ¥131 million (YoY -86.2%) / Ordinary income ¥-122 million / Profit attributable to owners of the parent ¥-435 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥20,306 million / Operating profit Not disclosed → ¥131 million / Ordinary income Not disclosed → ¥-122 million / Profit attributable to owners of the parent Not disclosed → ¥-435 million
Annual Dividend Forecast¥30 → ¥80(+166.7%)
Segment revenueApparel Machinery business ¥6,031 million (YoY -20.6%) / Automotive business ¥3,845 million (YoY +0.8%)
Segment profitApparel Machinery business ¥505 million (YoY -29.5%) / Automotive business ¥273 million (YoY -48.1%)
Depreciation and amortization¥622 million
Impairment lossNo applicable matters
Disclosure regarding the going concern assumptionNo applicable items
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsA resolution was passed to dissolve and liquidate the consolidated subsidiary PEGASUS SEWING MACHINE PTE. LTD. and establish the Indian entity PEGASUS INDIA INDUSTRIAL SOLUTIONS PRIVATE LIMITED.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End24,828,600
Treasury Shares at Period-End841,187
Factors Behind Changes in Business PerformanceAlthough sales were affected by foreign exchange movements, sales in the Apparel Machinery business declined, while sales in the Automotive business remained almost flat, with only a slight increase. The decline in sales was the primary factor behind the decrease in profit.
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown of extraordinary income (loss)

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 decline in net sales was the primary factor behind the decrease in profit. In the Apparel Machinery business, customers in Bangladesh, India and other Asian countries continued to take a cautious approach to capital investment, partly due to the impact of the situation in the Middle East. In the Automotive business, the cost ratio deteriorated due to downward price pressure from Chinese manufacturers, challenging business conditions in Southeast Asian markets, soaring aluminium prices and higher fixed-cost burdens resulting from lower production volumes.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Second Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | PEGASUS CO.,LTD. (6262) timely disclosure | Komori