Komori
Earnings6273SMC CORPORATIONMachinery

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

In the first quarter of the fiscal year ending March 2027, revenue increased 35.4% year on year and operating profit increased 66.4%. The full-year earnings forecasts and annual dividend forecast remain unchanged from the previous outlook.

Worth reading
46Recurring
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
35.4
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales270,987¥ millionYear on year +35.4%Progress 27.1%
Operating profit73,986¥ millionYear on year +66.4%Progress 33.8%
Ordinary income91,790¥ millionYear on year +86.9%Progress 38.4%
Net income attributable to owners of the parent67,863¥ millionYear on year +95.9%Progress 39.9%

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¥1,076.01
Financial position at period-end
Total assets2,368,575¥ million
of which net assets 2,154,827 ¥ millionEquity ratio 91.0%vs. prior year-end -0.5pt

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.

Regional salesBy destination Japan ¥46,322 million / United States ¥25,627 million / China ¥87,909 million / Asia (excluding China) ¥54,043 million / Europe ¥44,285 million / Other ¥12,799 million / Total ¥270,987 million / By location Japan ¥47,759 million / North America ¥31,284 million / Greater China ¥96,710 million / Other Asia ¥44,397 million / Europe ¥43,821 million / Other ¥7,014 million / Total ¥270,987 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,000,000 million (YoY +18.7%)
Operating profit¥219,000 million (YoY +14.9%)
Ordinary income¥239,000 million (YoY +1.4%)
Net income¥170,000 million (YoY +1.6%)
Annual Dividend Forecast¥1,000 → ¥1,000(0.0%)
Factors Behind Changes in Business Performance

Revenue increased as capital investment appetite recovered, particularly in semiconductor-related industries, and demand remained firm for AI and advanced semiconductors, machine tools, and automation. Operating profit increased alongside higher revenue, while the increase in ordinary profit was mainly attributable to higher foreign exchange gains and gains on sales of securities.

Disclosure regarding the going concern assumption

No applicable matters.

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 Number of companies 1 / Company name SMC Nederland B.V. (SMC Netherlands) / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥69 million, Gain on sale of investment securities ¥730 million, Gain on step acquisition ¥1,282 million / Total extraordinary income ¥2,082 million / Extraordinary loss Loss on sale of fixed assets ¥18 million, Loss on Disposal of Fixed Assets ¥38 million / Total extraordinary loss ¥57 million
Depreciation and amortization¥13,164 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and securities analysts
Issued Shares at Period-End63,869,359
Treasury Shares at Period-End1,000,581
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥270,987 million (YoY +35.4%)
Operating profit¥73,986 million (YoY +66.4%)
Ordinary income¥91,790 million (YoY +86.9%)
Profit attributable to owners of the parent¥67,863 million (YoY +95.9%)
Net income per share¥1,076.01
Equity ratioEnd of the current fiscal period 91 / End of previous period 91.5
Total assets¥2,368,575 million
Net assets¥2,154,827 million
Full-year earnings forecastNet Sales ¥1,000,000 million (YoY +18.7%) / Operating profit ¥219,000 million (YoY +14.9%) / Ordinary income ¥239,000 million (YoY +1.4%) / Net income ¥170,000 million (YoY +1.6%)
Annual Dividend Forecast¥1,000 → ¥1,000(0.0%)
Regional salesBy destination Japan ¥46,322 million / United States ¥25,627 million / China ¥87,909 million / Asia (excluding China) ¥54,043 million / Europe ¥44,285 million / Other ¥12,799 million / Total ¥270,987 million / By location Japan ¥47,759 million / North America ¥31,284 million / Greater China ¥96,710 million / Other Asia ¥44,397 million / Europe ¥43,821 million / Other ¥7,014 million / Total ¥270,987 million
Depreciation and amortization¥13,164 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥69 million, Gain on sale of investment securities ¥730 million, Gain on step acquisition ¥1,282 million / Total extraordinary income ¥2,082 million / Extraordinary loss Loss on sale of fixed assets ¥18 million, Loss on Disposal of Fixed Assets ¥38 million / Total extraordinary loss ¥57 million
Disclosure regarding the going concern assumptionNo applicable matters.
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 Number of companies 1 / Company name SMC Nederland B.V. (SMC Netherlands) / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and securities analysts
Issued Shares at Period-End63,869,359
Treasury Shares at Period-End1,000,581
Factors Behind Changes in Business PerformanceRevenue increased as capital investment appetite recovered, particularly in semiconductor-related industries, and demand remained firm for AI and advanced semiconductors, machine tools, and automation. Operating profit increased alongside higher revenue, while the increase in ordinary profit was mainly attributable to higher foreign exchange gains and gains on sales of securities.
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitOrders received and order backlogImpairment lossMaterial subsequent events

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.

Capital investment appetite recovered across countries, particularly in semiconductor-related industries, while demand remained firm for AI and advanced semiconductors, machine tools, and automation driven by labor shortages. The company worked to secure product supply capacity, strengthen direct and distributor sales, and diversify its products and customer base. Operating profit increased alongside higher revenue despite increases in personnel expenses and depreciation. The increase in ordinary profit was mainly attributable to higher foreign exchange gains and gains on sales of securities.

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Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | SMC CORPORATION (6273) timely disclosure | Komori