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Earnings6464TSUBAKI NAKASHIMA CO.,LTD.Machinery

Second Quarter (Interim Period) Financial Results for the Fiscal Year Ending December 2026 [IFRS] (Consolidated)

For the six-month period ended 30 June 2026, revenue increased 2.2% year on year and operating profit increased 66.7%. Operating profit improved substantially due to the recognition of a gain on the sale of fixed assets, but the loss attributable to owners of the parent was ¥124 million, and the company remained in the red.

Worth reading
62In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
66.7
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedIFRS
Net Sales36,862¥ millionYear on year +2.2%Progress 52.7%
Operating profit1,320¥ millionYear on year +66.7%Progress 52.8%
Ordinary income324¥ millionProgress 29.5%
Net income attributable to owners of the parent-124¥ 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-¥3.24
Financial position at period-end
Total assets154,508¥ million
of which net assets 39,085 ¥ millionEquity ratio 25.3%vs. prior year-end +0.9pt

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-33
Investment+100
Financials-171
Net change-104

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¥34,984 million
Segment revenuePrecision Component Business ¥36,359 million (YoY +2.3%), Blower and Real Estate Business ¥503 million (YoY -0.1%)
Segment profitPrecision Component Business ¥1,343 million (YoY +90.3%), Blower and Real Estate Business ¥-23 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥70,000 million (YoY +0.2%)
Operating profit¥2,500 million
Ordinary income¥1,100 million
Net income¥500 million
Revision to Earnings ForecastNo revision
Annual Dividend ForecastNot disclosed → ¥0.00
Factors Behind Changes in Business Performance

The weaker yen boosted revenue, while the delayed recovery in demand for internal-combustion vehicles in Europe and delays in capturing demand in the U.S. aerospace and defense market had a negative impact. Operating profit benefited from the recognition of a ¥1,050 million gain on the sale of fixed assets, but was weighed down by increases in personnel expenses and resource prices.

Disclosure regarding the going concern assumption

A disclosure has been made regarding significant events and other matters related to the going concern assumption. The company is in discussions concerning a breach of financial covenants and the refinancing of borrowing agreements, but has determined that no material uncertainty exists. No note regarding the going concern assumption is applicable.

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 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 1 / Company name TN ASIA PTE. LTD.
Breakdown of extraordinary income (loss)Other Income Gain on sale of non-current assets ¥1,050 million
Depreciation and amortization¥1,890 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-End41,599,600 Shares
Treasury Shares at Period-End3,340,515 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥36,862 million (YoY +2.2%)
Operating profit¥1,320 million (YoY +66.7%)
Ordinary income¥324 million
Profit attributable to owners of the parent¥-124 million
Net income per share-¥3.24
Equity ratioEnd of the current fiscal period 25.3 / End of previous period 24.4
Total assets¥154,508 million
Net assets¥39,085 million
Cash flows from operating activities¥-33 million
Cash flows from investing activities¥100 million
Cash flows from financing activities¥-171 million
Cash and cash equivalents at end of period¥34,984 million
Full-year earnings forecastNet Sales ¥70,000 million (YoY +0.2%) / Operating profit ¥2,500 million / Ordinary income ¥1,100 million / Net income ¥500 million
Revision to Earnings ForecastNo revision
Annual Dividend ForecastNot disclosed → ¥0.00
Segment revenuePrecision Component Business ¥36,359 million (YoY +2.3%), Blower and Real Estate Business ¥503 million (YoY -0.1%)
Segment profitPrecision Component Business ¥1,343 million (YoY +90.3%), Blower and Real Estate Business ¥-23 million
Depreciation and amortization¥1,890 million
Breakdown of extraordinary income (loss)Other Income Gain on sale of non-current assets ¥1,050 million
Disclosure regarding the going concern assumptionA disclosure has been made regarding significant events and other matters related to the going concern assumption. The company is in discussions concerning a breach of financial covenants and the refinancing of borrowing agreements, but has determined that no material uncertainty exists. No note regarding the going concern assumption is applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 1 / Company name TN ASIA PTE. LTD.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and securities analysts
Issued Shares at Period-End41,599,600 Shares
Treasury Shares at Period-End3,340,515 Shares
Factors Behind Changes in Business PerformanceThe weaker yen boosted revenue, while the delayed recovery in demand for internal-combustion vehicles in Europe and delays in capturing demand in the U.S. aerospace and defense market had a negative impact. Operating profit benefited from the recognition of a ¥1,050 million gain on the sale of fixed assets, but was weighed down by increases in personnel expenses and resource prices.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders 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.

The weaker yen boosted revenue, while the delayed recovery in demand for internal-combustion vehicles in Europe and delays in capturing demand in the U.S. aerospace and defense market had a negative impact. Operating profit benefited from the recognition of a ¥1,050 million gain on the sale of fixed assets, but was weighed down by increases in personnel expenses and resource prices.

How to read this page

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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.
Second Quarter (Interim Period) Financial Results for the Fiscal Year Ending December 2026 [IFRS] (Consolidated) | TSUBAKI NAKASHIMA CO.,LTD. (6464) timely disclosure | Komori