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Results6464TSUBAKI NAKASHIMA CO.,LTD.Machinery

Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (IFRS)

Cumulative third-quarter revenue increased 3.9% year on year, while operating results fell from an operating profit of ¥891 million to an operating loss of ¥5,963 million, mainly due to impairment losses of ¥7,771 million. The full-year forecast was also revised and now calls for revenue of ¥73,500 million and an operating loss of ¥10,100 million.

Worth reading
71In focus
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
7771
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026 to 30 September 2026ConsolidatedIFRS
Net Sales54,832¥ millionYear on year +3.9%Progress 74.6%
Operating profit-5,963¥ million
Ordinary income-7,830¥ million
Net income attributable to owners of the parent-8,119¥ 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-¥212.18
Financial position at period-end
Total assets142,715¥ million
of which net assets 28,977 ¥ millionEquity ratio 20.3%vs. prior year-end -4.1pt

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+1,162
Investment-1,040
Financials-245
Net change-123

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¥34,061 million
Segment revenuePrecision Component Business ¥54,205 million (YoY +4.0%), Blower and Real Estate Business ¥627 million (YoY -0.9%)
Segment profitPrecision Component Business ¥-5,939 million, Blower and Real Estate Business ¥-24 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥73,500 million (YoY +5.2%)
Operating profit¥-10,100 million
Ordinary income¥-12,200 million
Net income¥-13,000 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥73,500 million / Operating profit Not disclosed → ¥-10,100 million / Ordinary income Not disclosed → ¥-12,200 million / Net income Not disclosed → ¥-13,000 million
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance

Revenue increased despite declining demand for internal-combustion-engine vehicles in Europe and delays in capturing demand in the US aerospace and defense market, supported by higher sales of ceramic balls and the positive effect of the weaker yen. Profit declined due to impairment losses of ¥7,771 million on property, plant and equipment and goodwill associated with structural reforms, as well as higher personnel, fuel and other costs.

Disclosure regarding the going concern assumption

None (the notes on the going concern assumption state that there are no applicable matters)

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None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.
Impairment loss¥7,771 million
Breakdown of extraordinary income (loss)Gain on sale of fixed assets ¥1,052 million, Impairment loss ¥7,771 million
Depreciation and amortization¥2,825 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNone
Issued Shares at Period-End41,599,600
Treasury Shares at Period-End3,292,036
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026 to 30 September 2026
Net Sales¥54,832 million (YoY +3.9%)
Operating profit¥-5,963 million
Ordinary income¥-7,830 million
Profit attributable to owners of the parent¥-8,119 million
Net income per share-¥212.18
Equity ratioEnd of the current fiscal period 20.3 / End of previous period 24.4
Total assets¥142,715 million
Net assets¥28,977 million
Cash flows from operating activities¥1,162 million
Cash flows from investing activities¥-1,040 million
Cash flows from financing activities¥-245 million
Cash and cash equivalents at end of period¥34,061 million
Full-year earnings forecastNet Sales ¥73,500 million (YoY +5.2%) / Operating profit ¥-10,100 million / Ordinary income ¥-12,200 million / Net income ¥-13,000 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥73,500 million / Operating profit Not disclosed → ¥-10,100 million / Ordinary income Not disclosed → ¥-12,200 million / Net income Not disclosed → ¥-13,000 million
Annual Dividend Forecast¥0 → ¥0
Segment revenuePrecision Component Business ¥54,205 million (YoY +4.0%), Blower and Real Estate Business ¥627 million (YoY -0.9%)
Segment profitPrecision Component Business ¥-5,939 million, Blower and Real Estate Business ¥-24 million
Depreciation and amortization¥2,825 million
Impairment loss¥7,771 million
Breakdown of extraordinary income (loss)Gain on sale of fixed assets ¥1,052 million, Impairment loss ¥7,771 million
Disclosure regarding the going concern assumptionNone (the notes on the going concern assumption state that there are no applicable matters)
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / 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 MaterialsAvailable
Availability of Financial Results BriefingNone
Issued Shares at Period-End41,599,600
Treasury Shares at Period-End3,292,036
Factors Behind Changes in Business PerformanceRevenue increased despite declining demand for internal-combustion-engine vehicles in Europe and delays in capturing demand in the US aerospace and defense market, supported by higher sales of ceramic balls and the positive effect of the weaker yen. Profit declined due to impairment losses of ¥7,771 million on property, plant and equipment and goodwill associated with structural reforms, as well as higher personnel, fuel and other costs.
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders 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.

Although demand for internal-combustion-engine vehicles declined in Europe and the company was slower to capture demand in the US aerospace and defense market, higher sales of ceramic balls and the weaker yen pushed up revenue. On the profit side, the company recorded impairment losses of ¥7,771 million on the property, plant and equipment and goodwill of TN SLOVAKIA,s.r.o. and TN ITALY,S.P.A. as part of its structural reforms, while higher personnel, fuel and other costs also squeezed profit.

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Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (IFRS) | TSUBAKI NAKASHIMA CO.,LTD. (6464) timely disclosure | Komori