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Presentation materials for financial results6464TSUBAKI NAKASHIMA CO.,LTD.Machinery

Financial Results Presentation for the Second Quarter of the Fiscal Year Ending December 2026

In the first half of FY2026, revenue decreased 6.4% year on year excluding foreign exchange effects, while operating profit was ¥1.32 billion, supported by a gain on the sale of land. In the second quarter alone, revenue increased, but operating profit declined due to costs associated with the plant closure and organizational restructuring.

Worth reading
87Important
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
13.2
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsSecond quarter of the fiscal year ending December 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales368.6 Hundreds of millions of yen-6.4%
Operating profit13.2 Hundreds of millions of yen+57.0%
Ordinary income3.2 Hundreds of millions of yen
Net income-1.2 Hundreds of millions of yen
Operating profit margin3.6% in the first half, improved from 2.2% in the same period of the previous year
Results for the three months of the current quarter
Revenue
190.8 Hundreds of millions of yen+7.3%
Operating profit
1.9 Hundreds of millions of yen-55.4%
Operating profit margin
1 %
EBITDA
11.5 Hundreds of millions of yen-13.8%
Income before taxes
-2.1 Hundreds of millions of yen
Profit for the period
-4.3 Hundreds of millions of yen
Full-year earnings forecast
Revenue
700 Hundreds of millions of yen
Operating profit
25 Hundreds of millions of yen
Income before taxes
11 Hundreds of millions of yen
Profit for the period
5 Hundreds of millions of yen
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Indian market43.5%
Aerospace and defense21.6%
Ceramic balls56.3%
Advanced Plastics55.2%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Global procurement has exceeded the full-year plan, and the five-year plan is progressing steadily
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue impact-¥210 million
Market conditions and other factors-¥1.03 billion
Restructuring Costs-¥410 million
Foreign exchange+¥70 million
Cost reductions (value creation)+¥1.06 billion
Gain on land sale (one-off)+¥1.05 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average exchange rate during the period
US dollars¥158.18
Euro¥184.52
Chinese yuan¥23.05
New initiatives
  • Established a sales and customer support office in Pune, India
  • Began expanding the second Bilad plant in India and relocating production equipment
  • Obtained BIS certification for the Indian plant
  • Closed the Irwin plant in the US and transferred production to India
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA31.5 Hundreds of millions of yen+13.2%
  • Free cash flow0.7 Hundreds of millions of yen
  • Cash conversion cycle204 days
  • Carbon footprint0.64 CO2 tonnes/tonne-14.0%
  • CO2 emissions13,185 CO2 tonnes-17.0%
Segment results
First-half revenue
Precision Components
363.6 Hundreds of millions of yen-6.5%
Blower Real Estate
5 Hundreds of millions of yen-0.1%
Japan
61.6 Hundreds of millions of yen+7.1%
North America
73.8 Hundreds of millions of yen-3.1%
Europe
114 Hundreds of millions of yen-14.7%
China
81.5 Hundreds of millions of yen-6.6%
Asia (excluding China)
32.8 Hundreds of millions of yen+14.1%
Second-quarter operating profit
Precision Components
2.3 Hundreds of millions of yen
Blower Real Estate
-0.4 Hundreds of millions of yen
Medium-term management plan targets
FY29 cost reductions through global procurement optimization¥2.5 billion
FY29 productivity improvement through operational efficiency and automation¥4.5 billion
FY29 pricing optimization and rationalization of low-profit products¥1 billion
FY29 revenue contribution from growth segments¥11 billion
FY29 CCC175 days
Market Size / Share
Precision ball market for semiconductor vacuum pumpsSeveral billion yen in 2025, with a CAGR of approximately 10% expected through 2035
Precision ball market for humanoid robotsCurrently negligible, with a CAGR of more than 50% expected through 2035
Precision ball market for data center cooling fansMore than ¥1 billion in 2026, with a CAGR of approximately 10% expected through 2030
Capital expenditures
¥19.4 100 million first-half actual) / approximately ¥4.5 billion projected for the full year
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredSecond quarter of the fiscal year ending December 2026
Net Sales368.6 Hundreds of millions of yen (YoY -6.4%)
Operating profit13.2 Hundreds of millions of yen (YoY +57.0%)
Ordinary income3.2 Hundreds of millions of yen
Net income-1.2 Hundreds of millions of yen
Operating profit margin3.6% in the first half, improved from 2.2% in the same period of the previous year
Results for the three months of the current quarterRevenue 190.8 Hundreds of millions of yen (YoY +7.3%) / Operating profit 1.9 Hundreds of millions of yen (YoY -55.4%) / Operating profit margin 1 % / EBITDA 11.5 Hundreds of millions of yen (YoY -13.8%) / Income before taxes -2.1 Hundreds of millions of yen / Profit for the period -4.3 Hundreds of millions of yen
Full-year earnings forecastRevenue 700 Hundreds of millions of yen / Operating profit 25 Hundreds of millions of yen / Income before taxes 11 Hundreds of millions of yen / Profit for the period 5 Hundreds of millions of yen
Progress against full-year forecastIndian market 43.5% / Aerospace and defense 21.6% / Ceramic balls 56.3% / Advanced Plastics 55.2%
Self-assessment against the planGlobal procurement has exceeded the full-year plan, and the five-year plan is progressing steadily
Segment resultsFirst-half revenue Precision Components 363.6 Hundreds of millions of yen (YoY -6.5%) / Blower Real Estate 5 Hundreds of millions of yen (YoY -0.1%) / Japan 61.6 Hundreds of millions of yen (YoY +7.1%) / North America 73.8 Hundreds of millions of yen (YoY -3.1%) / Europe 114 Hundreds of millions of yen (YoY -14.7%) / China 81.5 Hundreds of millions of yen (YoY -6.6%) / Asia (excluding China) 32.8 Hundreds of millions of yen (YoY +14.1%) / Second-quarter operating profit Precision Components 2.3 Hundreds of millions of yen / Blower Real Estate -0.4 Hundreds of millions of yen
Breakdown of Factors Affecting the ChangeRevenue impact -¥210 million / Market conditions and other factors -¥1.03 billion / Restructuring Costs -¥410 million / Foreign exchange +¥70 million / Cost reductions (value creation) +¥1.06 billion / Gain on land sale (one-off) +¥1.05 billion
Key KPIsEBITDA 31.5 Hundreds of millions of yen (YoY +13.2%), Free cash flow 0.7 Hundreds of millions of yen, Cash conversion cycle 204 days, Carbon footprint 0.64 CO2 tonnes/tonne (YoY -14.0%), CO2 emissions 13,185 CO2 tonnes (YoY -17.0%)
Assumptions Underlying the Business OutlookAverage exchange rate during the period US dollars ¥158.18 / Euro ¥184.52 / Chinese yuan ¥23.05
Medium-term management plan targetsFY29 cost reductions through global procurement optimization ¥2.5 billion / FY29 productivity improvement through operational efficiency and automation ¥4.5 billion / FY29 pricing optimization and rationalization of low-profit products ¥1 billion / FY29 revenue contribution from growth segments ¥11 billion / FY29 CCC 175 days
Capital expenditures¥19.4 100 million (first-half actual) / approximately ¥4.5 billion projected for the full year
Market Size / SharePrecision ball market for semiconductor vacuum pumps Several billion yen in 2025, with a CAGR of approximately 10% expected through 2035 / Precision ball market for humanoid robots Currently negligible, with a CAGR of more than 50% expected through 2035 / Precision ball market for data center cooling fans More than ¥1 billion in 2026, with a CAGR of approximately 10% expected through 2030
New initiativesEstablished a sales and customer support office in Pune, India, Began expanding the second Bilad plant in India and relocating production equipment, Obtained BIS certification for the Indian plant, Closed the Irwin plant in the US and transferred production to India
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogKey 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.

First-half operating profit was supported by a ¥1 billion gain on the sale of idle land in Georgia, US, as well as cost reductions from procurement optimization and productivity improvements. Second-quarter operating profit alone was weighed down by costs related to the closure of the Irwin plant in the US and organizational restructuring.

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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 December 2026 | TSUBAKI NAKASHIMA CO.,LTD. (6464) timely disclosure | Komori