Komori
Earnings6440JUKI CORPORATIONMachinery

Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

Net sales decreased 9.9% year on year, while operating income turned around from a loss in the same period of the previous year to a profit of ¥399 million. Ordinary loss narrowed, but net income attributable to owners of the parent decreased 23.5%, mainly because gains on the sale of cross-shareholdings declined from the previous year.

Worth reading
44Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
732
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales20,682¥ millionYear on year -9.9%Progress 23.0%
Operating profit399¥ millionProgress 8.9%
Ordinary income-342¥ million
Net income attributable to owners of the parent37¥ millionYear on year -23.5%Progress 2.5%

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¥1.26
Operating Margin1.9%
Financial position at period-end
Total assets119,223¥ million
of which net assets 32,533 ¥ millionEquity ratio 27.0%vs. prior year-end +0.2pt

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+2,649
Investment+322
Financials-1,204
Net change+1,767

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.

Segment revenue
Sewing business15,29374.2%-12.0%
Industrial Machinery Business5,31925.8%-3.2%
Segment profit
Sewing business488
Industrial Machinery Business-92
Regional sales
Japan4,06719.7%
Asia4,14320.0%
China4,09519.8%
India2,17010.5%
Americas5122.5%
Americas3,17915.4%
Europe2,14210.4%
Other3711.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥90,000 million (YoY +1.4%)
Operating profit¥4,500 million (YoY +69.0%)
Ordinary income¥2,000 million (YoY +41.6%)
Net income¥1,500 million (YoY +7.2%)
Annual Dividend Forecast¥10 → ¥15(+50.0%)
Factors Behind Changes in Business Performance

Net sales declined due to customers becoming more cautious about investment amid reciprocal U.S. tariffs and the situation in the Middle East. On the earnings front, measures to improve profitability contributed, including a greater focus on the high-end market, optimizing production capacity by reducing the number of models, and shifting the business model from prioritizing sales to prioritizing profit.

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 - companies / Excluded - companies / Company name Not disclosed
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥13 million / Gain on sale of investment securities ¥404 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥14 million
Depreciation and amortization¥852 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End29,874,179 shares
Treasury Shares at Period-End334,377 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥20,682 million (YoY -9.9%)
Operating profit¥399 million
Ordinary income¥-342 million
Profit attributable to owners of the parent¥37 million (YoY -23.5%)
Net income per share¥1.26
Operating Margin1.9%
Equity ratioEnd of the current fiscal period 27.0% / End of previous period 26.8%
Total assets¥119,223 million
Net assets¥32,533 million
Cash flows from operating activities¥2,649 million
Cash flows from investing activities¥322 million
Cash flows from financing activities¥-1,204 million
Full-year earnings forecastNet Sales ¥90,000 million (YoY +1.4%) / Operating profit ¥4,500 million (YoY +69.0%) / Ordinary income ¥2,000 million (YoY +41.6%) / Net income ¥1,500 million (YoY +7.2%)
Annual Dividend Forecast¥10 → ¥15(+50.0%)
Segment revenueSewing business ¥15,293 million (YoY -12.0%) / Industrial Machinery Business ¥5,319 million (YoY -3.2%)
Segment profitSewing business ¥488 million / Industrial Machinery Business ¥-92 million
Regional salesJapan ¥4,067 million / Asia ¥4,143 million / China ¥4,095 million / India ¥2,170 million / Americas ¥512 million / Americas ¥3,179 million / Europe ¥2,142 million / Other ¥371 million
Depreciation and amortization¥852 million
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥13 million / Gain on sale of investment securities ¥404 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥14 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 - companies / Excluded - companies / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End29,874,179 shares
Treasury Shares at Period-End334,377 shares
Factors Behind Changes in Business PerformanceNet sales declined due to customers becoming more cautious about investment amid reciprocal U.S. tariffs and the situation in the Middle East. On the earnings front, measures to improve profitability contributed, including a greater focus on the high-end market, optimizing production capacity by reducing the number of models, and shifting the business model from prioritizing sales to prioritizing profit.
Items this document does not state (6)
Cash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogMaterial 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.

Net sales declined because some customers became more cautious about investment amid reciprocal U.S. tariffs and the situation in the Middle East, and because the sewing business changed its policy from prioritizing sales to prioritizing profit. On the earnings front, measures to improve profitability contributed, including a greater focus on the high-end market, optimizing production capacity by reducing the number of models, and shifting the business model from prioritizing sales to prioritizing profit. The increase in interest expense affected ordinary loss, while gains on the sale of cross-shareholdings and other factors affected net income attributable to owners of the parent.

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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 for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | JUKI CORPORATION (6440) timely disclosure | Komori