Komori
Revision of earnings forecasts6798SMK CorporationElectrical Equipment and Precision Instruments

Notice Regarding Differences Between Full-Year Earnings Forecasts and Actual Results

Actual results for the fiscal year ending March 2026 exceeded the previous forecast for net sales and ordinary profit, while operating profit and net income attributable to owners of the parent fell short. Net income was significantly below the forecast due to the impact of an impairment loss recorded in the fourth quarter, among other factors.

Worth reading
78Important
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
90.6
% (change in net income attributable to owners of the parent)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 8 May 2025
Net Sales46,000→48,204million
+4.8%
Operating profit500→430million
-14.0%
Ordinary income1,000→1,243million
+24.4%
Profit attributable to owners of the parent600→56million
-90.6%
Net income per share94.7→8.87yen and sen
-90.6%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The yen depreciated more than expected against foreign currencies, sales performed strongly in the consumer electronics and industrial equipment markets, retirement benefit expenses were recorded at the Mexican subsidiary, foreign exchange gains were recorded as a result of the yen's depreciation at the fiscal year-end, and an impairment loss of ¥314 million was recorded in the fourth quarter, among other factors.

Details and amount of extraordinary loss

Impairment loss: ¥314 million (fourth quarter)

Previous-period resultsNet sales: ¥48,051 million; operating loss: ¥220 million; ordinary profit: ¥549 million; net loss attributable to owners of the parent: ¥1,884 million; net loss per share: ¥297.39 (fiscal year ended March 2025)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥46,000 million → ¥48,204 million(+4.8%)
Operating profit¥500 million → ¥430 million(-14.0%)
Ordinary income¥1,000 million → ¥1,243 million(+24.4%)
Profit attributable to owners of the parent¥600 million → ¥56 million(-90.6%)
Net income per share94.7 yen and sen → 8.87 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast8 May 2025
Previous-period resultsNet sales: ¥48,051 million; operating loss: ¥220 million; ordinary profit: ¥549 million; net loss attributable to owners of the parent: ¥1,884 million; net loss per share: ¥297.39 (fiscal year ended March 2025)
Reason for the revisionThe yen depreciated more than expected against foreign currencies, sales performed strongly in the consumer electronics and industrial equipment markets, retirement benefit expenses were recorded at the Mexican subsidiary, foreign exchange gains were recorded as a result of the yen's depreciation at the fiscal year-end, and an impairment loss of ¥314 million was recorded in the fourth quarter, among other factors.
Details and amount of extraordinary lossImpairment loss: ¥314 million (fourth quarter)
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend forecast revision

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 exceeded the forecast because the yen depreciated more than expected against foreign currencies and sales performed strongly in the consumer electronics and industrial equipment markets. Operating profit fell short due mainly to the recognition of retirement benefit expenses at the Mexican subsidiary. Ordinary profit exceeded the forecast because foreign exchange gains were recorded as a result of the yen's depreciation at the fiscal year-end, while net income attributable to owners of the parent was affected by the recognition of a ¥314 million impairment loss in the fourth quarter, among other factors.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between Full-Year Earnings Forecasts and Actual Results | SMK Corporation (6798) timely disclosure | Komori