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Financial results presentation6287SATO CORPORATIONMachinery

Financial Results Presentation for the Second Quarter of the Fiscal Year Ending March 2027

In the second quarter, revenue and profit increased, led by the overseas business. Consolidated revenue rose 11.1% year on year and operating profit increased 23.9%. Reflecting the upside in the first half and the US tariff refund, the full-year revenue and operating profit forecasts were revised upward.

Worth reading
66In 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
6000
¥ million (increase in full-year revenue forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales44,918 Millions of yen+11.1%
Operating profit3,396 Millions of yen+23.9%
Ordinary income3,085 Millions of yen+19.8%
Net income1,803 Millions of yen-2.0%
Gross Profit MarginOverseas 40.4%, Japan 45.0%
Operating profit marginConsolidated 7.6%, overseas 11.1%, Japan 4.5%
Selling, general and administrative expensesIncreased (in Japan, due to human capital and strategic investments, among other factors)
Results for the three months of the current quarterConsolidated revenue ¥44,918 million, operating profit ¥3,396 million, ordinary profit ¥3,085 million, net income attributable to owners of the parent ¥1,803 million (Q2, July–September)
Full-year earnings forecast
Net Sales
178,000 Millions of yen
Operating profit
12,400 Millions of yen
Ordinary income
11,900 Millions of yen
Profit attributable to owners of the parent
7,800 Millions of yen
EBITDA
18,900 Millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The overseas business exceeded plan, while the Japan business was broadly in line with plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Overseas operating profitFrom ¥1,626 million in FY25 to ¥2,446 million in FY26. Revenue change factors +¥581 million, gross profit and other factors -¥425 million, SG&A factors +¥208 million, foreign exchange impact +¥456 million
Japan operating profitFrom ¥1,036 million in FY25 to ¥1,021 million in FY26. Revenue change factors +¥162 million, gross profit and other factors +¥826 million, SG&A factors -¥949 million, foreign exchange impact -¥54 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
USD
Previous forecast155
Revised forecast155
EUR
Previous forecast180
Revised forecast180
New initiatives
  • Joint product development plan with 平野屋物産
  • Capital investment in digital printing presses
  • Acquisition of all shares in 株式会社ケイエム
  • Europe and US PoC centered on PJM RFID for blood and specimen SCM
  • Expansion of the recurring revenue base through common solutions and cloud migration
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA5,115 Millions of yen
    Year on year against the same period last year+20.4%
  • Overseas gross margin40.4 %
    Year-on-year change2.5
  • Japan gross margin45 %
    Year-on-year change1.4
  • ROE (FY26 forecast)9 %
  • ROIC (FY26 forecast)8 %
  • Smart packaging revenue (FY26 forecast)3,600 Millions of yen
Segment results
Overseas
Net Sales
22,017 Millions of yen+16.2%
Operating profit
2,446 Millions of yen+50.4%
Overseas base business
Net Sales
15,270 Millions of yen+17.3%
Operating profit
1,765 Millions of yen+55.8%
Overseas Primary business
Net Sales
6,746 Millions of yen+13.9%
Operating profit
727 Millions of yen+55.2%
Japan
Net Sales
22,901 Millions of yen+6.7%
Operating profit
1,021 Millions of yen-1.5%
Medium-term management plan targets
Net Sales
186,000 Millions of yen
Operating profit
15,700 Millions of yen
Operating profit margin
8.4 %
ROE
10.2 %
ROIC
9.4 %
Target fiscal yearFY28
Financial targets
ROE
FY2025 actual results6.3 %
FY26 earnings forecast9 %
Medium-Term Management Plan10.2 %
ROIC
FY2025 actual results7.7 %
FY26 earnings forecast8 %
Medium-Term Management Plan9.4 %
PBR
FY2025 actual results0.9 times
FY26 earnings forecast1 times
Annual Dividend
Annual Dividend
80 Yen
Interim Dividend
40 Yen
Year-end dividend
40 Yen 予定
Payout ratio
33 %
DOE
3 %
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales44,918 Millions of yen (YoY +11.1%)
Operating profit3,396 Millions of yen (YoY +23.9%)
Ordinary income3,085 Millions of yen (YoY +19.8%)
Net income1,803 Millions of yen (YoY -2.0%)
Gross Profit MarginOverseas 40.4%, Japan 45.0%
Operating profit marginConsolidated 7.6%, overseas 11.1%, Japan 4.5%
Selling, general and administrative expensesIncreased (in Japan, due to human capital and strategic investments, among other factors)
Results for the three months of the current quarterConsolidated revenue ¥44,918 million, operating profit ¥3,396 million, ordinary profit ¥3,085 million, net income attributable to owners of the parent ¥1,803 million (Q2, July–September)
Full-year earnings forecastNet Sales 178,000 Millions of yen / Operating profit 12,400 Millions of yen / Ordinary income 11,900 Millions of yen / Profit attributable to owners of the parent 7,800 Millions of yen / EBITDA 18,900 Millions of yen
Self-assessment against the planThe overseas business exceeded plan, while the Japan business was broadly in line with plan
Segment resultsOverseas Net Sales 22,017 Millions of yen (YoY +16.2%) / Operating profit 2,446 Millions of yen (YoY +50.4%) / Overseas base business Net Sales 15,270 Millions of yen (YoY +17.3%) / Operating profit 1,765 Millions of yen (YoY +55.8%) / Overseas Primary business Net Sales 6,746 Millions of yen (YoY +13.9%) / Operating profit 727 Millions of yen (YoY +55.2%) / Japan Net Sales 22,901 Millions of yen (YoY +6.7%) / Operating profit 1,021 Millions of yen (YoY -1.5%)
Breakdown of Factors Affecting the ChangeOverseas operating profit From ¥1,626 million in FY25 to ¥2,446 million in FY26. Revenue change factors +¥581 million, gross profit and other factors -¥425 million, SG&A factors +¥208 million, foreign exchange impact +¥456 million / Japan operating profit From ¥1,036 million in FY25 to ¥1,021 million in FY26. Revenue change factors +¥162 million, gross profit and other factors +¥826 million, SG&A factors -¥949 million, foreign exchange impact -¥54 million
Key KPIsEBITDA 5,115 Millions of yen, Overseas gross margin 40.4 %, Japan gross margin 45 %, ROE (FY26 forecast) 9 %, ROIC (FY26 forecast) 8 %, Smart packaging revenue (FY26 forecast) 3,600 Millions of yen
Assumptions Underlying the Business OutlookUSD Previous forecast 155 / Revised forecast 155 / EUR Previous forecast 180 / Revised forecast 180
Medium-term management plan targetsNet Sales 186,000 Millions of yen / Operating profit 15,700 Millions of yen / Operating profit margin 8.4 % / ROE 10.2 % / ROIC 9.4 % / Target fiscal year FY28
Financial targetsROE FY2025 actual results 6.3 % / FY26 earnings forecast 9 % / Medium-Term Management Plan 10.2 % / ROIC FY2025 actual results 7.7 % / FY26 earnings forecast 8 % / Medium-Term Management Plan 9.4 % / PBR FY2025 actual results 0.9 times / FY26 earnings forecast 1 times
Annual DividendAnnual Dividend 80 Yen / Interim Dividend 40 Yen / Year-end dividend 40 Yen (予定)
Payout ratio33 %
New initiativesJoint product development plan with 平野屋物産, Capital investment in digital printing presses, Acquisition of all shares in 株式会社ケイエム, Europe and US PoC centered on PJM RFID for blood and specimen SCM, Expansion of the recurring revenue base through common solutions and cloud migration
Items this document does not state (10)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresOrders 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 overseas business benefited from capturing demand for large projects and solutions, favorable foreign exchange movements, and the US tariff refund. In Japan, higher raw material prices and increased SG&A expenses from human capital and strategic investments were offset by the effect of higher revenue, an improved product mix, stronger earnings power, and SG&A controls.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results Presentation for the Second Quarter of the Fiscal Year Ending March 2027 | SATO CORPORATION (6287) timely disclosure | Komori