Komori
Earnings7220MUSASHI SEIMITSU INDUSTRY CO.,LTD.Automobiles and transportation equipment

Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending March 2027, revenue increased 7.3% year on year and operating income increased 28.1%, resulting in higher revenue and higher profit. Meanwhile, losses were recorded in China and Europe, and extraordinary losses, including impairment losses, were incurred.

Worth reading
42Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
28.1
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales89,157¥ millionYear on year +7.3%Progress 26.6%
Operating profit4,878¥ millionYear on year +28.1%Progress 26.4%
Ordinary income4,923¥ millionYear on year +47.4%Progress 30.8%
Net income attributable to owners of the parent1,849¥ millionYear on year +11.0%Progress 28.4%

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¥28.22
Financial position at period-end
Total assets315,167¥ million
of which net assets 134,403 ¥ millionEquity ratio 39.7%vs. prior year-end -0.8pt

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.

Segment revenueJapan ¥11,163 million (YoY +17.3%), Americas ¥30,694 million (YoY +12.7%), Asia ¥20,134 million (YoY +10.4%), China ¥5,433 million (YoY -16.6%), Europe ¥21,731 million (YoY +0.7%)
Segment profitJapan ¥938 million (YoY +175.3%), Americas ¥2,165 million (YoY +55.8%), Asia ¥2,311 million (YoY +33.6%), China ¥-77 million, Europe ¥-495 million
Regional sales¥11,163 million (YoY +17.3%), ¥30,694 million (YoY +12.7%), ¥20,134 million (YoY +10.4%), ¥5,433 million (YoY -16.6%), ¥21,731 million (YoY +0.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥335,000 million (YoY -3.5%)
Operating profit¥18,500 million (YoY -9.9%)
Ordinary income¥16,000 million (YoY -20.9%)
Net income¥6,500 million (YoY +414.2%)
Annual Dividend Forecast¥40 → ¥40(0.0%)
Factors Behind Changes in Business Performance

Japan benefited from higher sales. The Americas benefited from favorable performance and the impact of foreign exchange, while Asia benefited from firm sales of motorcycles and the impact of foreign exchange. In China, orders from local automakers continued to expand, while sales to Japanese-affiliated automakers remained sluggish. Europe reported a loss due to lower sales and other factors. An impairment loss of ¥871 million and costs related to changes in production preparations of ¥436 million were recorded.

Disclosure regarding the going concern assumption

Not 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 No
Material subsequent eventsNot applicable.
Impairment loss¥871 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥20 million, Gain on sale of investment securities ¥12 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on Disposal of Fixed Assets ¥22 million, Restructuring Costs ¥143 million, Impairment Losses ¥871 million, Costs related to changes in production preparations ¥436 million
Depreciation and amortization¥4,800 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End65,581,861 Shares
Treasury Shares at Period-End43,634 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥89,157 million (YoY +7.3%)
Operating profit¥4,878 million (YoY +28.1%)
Ordinary income¥4,923 million (YoY +47.4%)
Profit attributable to owners of the parent¥1,849 million (YoY +11.0%)
Net income per share¥28.22
Equity ratioEnd of the current fiscal period 39.7% / End of previous period 40.5%
Total assets¥315,167 million
Net assets¥134,403 million
Full-year earnings forecastNet Sales ¥335,000 million (YoY -3.5%) / Operating profit ¥18,500 million (YoY -9.9%) / Ordinary income ¥16,000 million (YoY -20.9%) / Net income ¥6,500 million (YoY +414.2%)
Annual Dividend Forecast¥40 → ¥40(0.0%)
Segment revenueJapan ¥11,163 million (YoY +17.3%), Americas ¥30,694 million (YoY +12.7%), Asia ¥20,134 million (YoY +10.4%), China ¥5,433 million (YoY -16.6%), Europe ¥21,731 million (YoY +0.7%)
Segment profitJapan ¥938 million (YoY +175.3%), Americas ¥2,165 million (YoY +55.8%), Asia ¥2,311 million (YoY +33.6%), China ¥-77 million, Europe ¥-495 million
Regional sales¥11,163 million (YoY +17.3%), ¥30,694 million (YoY +12.7%), ¥20,134 million (YoY +10.4%), ¥5,433 million (YoY -16.6%), ¥21,731 million (YoY +0.7%)
Depreciation and amortization¥4,800 million
Impairment loss¥871 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥20 million, Gain on sale of investment securities ¥12 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on Disposal of Fixed Assets ¥22 million, Restructuring Costs ¥143 million, Impairment Losses ¥871 million, Costs related to changes in production preparations ¥436 million
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End65,581,861 Shares
Treasury Shares at Period-End43,634 Shares
Factors Behind Changes in Business PerformanceJapan benefited from higher sales. The Americas benefited from favorable performance and the impact of foreign exchange, while Asia benefited from firm sales of motorcycles and the impact of foreign exchange. In China, orders from local automakers continued to expand, while sales to Japanese-affiliated automakers remained sluggish. Europe reported a loss due to lower sales and other factors. An impairment loss of ¥871 million and costs related to changes in production preparations of ¥436 million were recorded.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogChanges in the scope of consolidation

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.

Higher sales in Japan, favorable performance and the impact of foreign exchange in the Americas, and firm sales of motorcycles and the impact of foreign exchange in Asia contributed to higher revenue and higher profit. China reported a loss due to sluggish sales to Japanese-affiliated automakers, while Europe reported a loss due to lower sales and other factors. The company also recorded an impairment loss of ¥871 million related to changes in production plans and ¥436 million in costs related to changes in production preparations.

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.
Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | MUSASHI SEIMITSU INDUSTRY CO.,LTD. (7220) timely disclosure | Komori