Komori
Earnings presentation6590SHIBAURA MECHATRONICS CORPORATIONElectrical and Precision Instruments

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

The full-year earnings forecast for the fiscal year ending March 2027 has been revised upward to revenue of ¥105.0 billion and operating profit of ¥17.5 billion, while the full-year dividend forecast has also been raised to ¥67. Although revenue increased in the cumulative second quarter, operating profit and other figures fell below the year-earlier period.

Worth reading
63In 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
60
¥100 million (increase in the full-year revenue forecast from the previous forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales432 Hundreds of millions of yen+2.0%
Operating profit61 Hundreds of millions of yen-19.0%
Ordinary income62 Hundreds of millions of yen-16.0%
Net income43 Hundreds of millions of yen-20.0%
Operating profit margin14.2 %
Results for the three months of the current quarter
Net Sales
232 Hundreds of millions of yen
Operating profit
33 Hundreds of millions of yen
ROS
14.2 %
Full-year earnings forecast
Net Sales
1,050 Hundreds of millions of yen
Operating profit
175 Hundreds of millions of yen
ROS
16.7 %
Ordinary income
174 Hundreds of millions of yen
Net income
125 Hundreds of millions of yen
ROE
21.2 %
FCF
185 Hundreds of millions of yen
Annual Dividend
67 Yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Overall progress broadly in line with plan (Fine Mechatronics segment)
New initiatives
  • Launch of sales of HSM-1000 hybrid bonding pre-treatment equipment
  • Provision of a one-stop solution combining HSM-1000 and a hybrid bonder
  • Development of products compatible with next-generation interposers
  • Creation of new GNT products
  • Advancement of development of the wafer freeze-cleaning process
Key KPIsA metric the company considers important as a management benchmark.
  • Orders received791 Hundreds of millions of yen
    Year on year against the same period last year+92.0%
  • Order backlog842 Hundreds of millions of yen
  • FCF294 Hundreds of millions of yen
    Year-on-year change336
  • SPE revenue mix89 %
  • Overseas Revenue Mix78 %
  • Equity ratio48 %
  • D/E ratio0.15 times
Segment results
  • Fine Mechatronics Division
    Net Sales220 Hundreds of millions of yen (YoY -3.0%)
    Segment profit14 Hundreds of millions of yen (YoY -55.0%)
    Orders received317 Hundreds of millions of yen (YoY +35.0%)
  • Mechatronics Systems Division
    Net Sales194 Hundreds of millions of yen (YoY +12.0%)
    Segment profit54 Hundreds of millions of yen (YoY +15.0%)
    Orders received456 Hundreds of millions of yen (YoY +195.0%)
Medium-term management plan targets
  • TargetConsolidated revenue of ¥100 billion or more
    Target fiscal yearDuring the Phase 2 period (expected to be achieved in fiscal 2026)
    Comparison with actual resultsFiscal 2026 forecast: ¥105.0 billion
  • TargetROS of 20% or more
    Target fiscal yearThrough the fiscal year ending March 2033
    Comparison with actual resultsFiscal 2026 forecast: 16.7%
  • TargetMaintain ROE of 20% or more
    Target fiscal yearThrough the fiscal year ending March 2033
    Comparison with actual resultsFiscal 2026 forecast: 21.2%
Financial targets
ROE
TargetMaintain at 20% or more
Actual results21.2 %
Equity ratio
Actual results48 %
Debt-to-equity ratio
Actual results0.15 times
Orders received and order backlog
Orders received
791 Hundreds of millions of yen
Order backlog
842 Hundreds of millions of yen
Annual Dividend
Annual67 Yen
Interim0 Yen
End of period67 Yen
Payout ratio
35.2 %
PolicyTargeting a consolidated payout ratio of approximately 35%
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales432 Hundreds of millions of yen (YoY +2.0%)
Operating profit61 Hundreds of millions of yen (YoY -19.0%)
Ordinary income62 Hundreds of millions of yen (YoY -16.0%)
Net income43 Hundreds of millions of yen (YoY -20.0%)
Operating profit margin14.2 %
Results for the three months of the current quarterNet Sales 232 Hundreds of millions of yen / Operating profit 33 Hundreds of millions of yen / ROS 14.2 %
Full-year earnings forecastNet Sales 1,050 Hundreds of millions of yen / Operating profit 175 Hundreds of millions of yen / ROS 16.7 % / Ordinary income 174 Hundreds of millions of yen / Net income 125 Hundreds of millions of yen / ROE 21.2 % / FCF 185 Hundreds of millions of yen / Annual Dividend 67 Yen
Self-assessment against the planOverall progress broadly in line with plan (Fine Mechatronics segment)
Segment resultsSegment Fine Mechatronics Division / Net Sales 220 Hundreds of millions of yen (YoY -3.0%) / Segment profit 14 Hundreds of millions of yen (YoY -55.0%) / Orders received 317 Hundreds of millions of yen (YoY +35.0%), Segment Mechatronics Systems Division / Net Sales 194 Hundreds of millions of yen (YoY +12.0%) / Segment profit 54 Hundreds of millions of yen (YoY +15.0%) / Orders received 456 Hundreds of millions of yen (YoY +195.0%)
Key KPIsIndicator name Orders received / Value 791 Hundreds of millions of yen / Year on year against the same period last year 92 Hundreds of millions of yen, Indicator name Order backlog / Value 842 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name FCF / Value 294 Hundreds of millions of yen / Year-on-year change 336 Hundreds of millions of yen, Indicator name SPE revenue mix / Value 89 % / Year on year against the same period last year Not disclosed, Indicator name Overseas Revenue Mix / Value 78 % / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 48 % / Year on year against the same period last year Not disclosed, Indicator name D/E ratio / Value 0.15 times / Year on year against the same period last year Not disclosed
Medium-term management plan targetsTarget Consolidated revenue of ¥100 billion or more / Target fiscal year During the Phase 2 period (expected to be achieved in fiscal 2026) / Comparison with actual results Fiscal 2026 forecast: ¥105.0 billion, Target ROS of 20% or more / Target fiscal year Through the fiscal year ending March 2033 / Comparison with actual results Fiscal 2026 forecast: 16.7%, Target Maintain ROE of 20% or more / Target fiscal year Through the fiscal year ending March 2033 / Comparison with actual results Fiscal 2026 forecast: 21.2%
Financial targetsROE Target Maintain at 20% or more / Actual results 21.2 % / Equity ratio Actual results 48 % / Debt-to-equity ratio Actual results 0.15 times
Annual DividendAnnual 67 Yen / Interim 0 Yen / End of period 67 Yen
Payout ratio35.2 %
Orders received and order backlogOrders received 791 Hundreds of millions of yen / Order backlog 842 Hundreds of millions of yen
New initiativesLaunch of sales of HSM-1000 hybrid bonding pre-treatment equipment, Provision of a one-stop solution combining HSM-1000 and a hybrid bonder, Development of products compatible with next-generation interposers, Creation of new GNT products, Advancement of development of the wafer freeze-cleaning process
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresMarket 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.

Upward revision based on progress against the earnings forecast and other factors. In semiconductor back-end processes, sales and orders for equipment used in advanced packaging increased against a backdrop of demand for generative AI. However, lower sales in semiconductor front-end processes and higher depreciation expenses associated with growth investments reduced first-half profit.

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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 | SHIBAURA MECHATRONICS CORPORATION (6590) timely disclosure | Komori