Earnings Presentation Materials for the Fiscal Year Ending March 2026 | ShinMaywa Industries,LTD. (7224) timely disclosure

Worth reading

79Important

Scored from 5 of 6 sections

Direction

Mixed performance

Direction inferred from the company’s description.

Scale

27375

¥ million (year-on-year change in net sales for the fiscal year ending March 2027)

Wording

Conditional

How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending March 2026, full year12 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥285,024 million+7.0%

Operating profit¥16,329 million+16.9%

Ordinary income¥16,324 million+20.6%

Net income¥11,507 million +28.5%net income attributable to owners of the parent

Operating profit margin5.7 %

Results for the three months of the current quarterFirst-quarter results by segment were as follows: Special-purpose vehicles, order intake of ¥33.9 billion, net sales of ¥24.5 billion and operating income of ¥0.7 billion; Parking systems, order intake of ¥11.1 billion, net sales of ¥10.4 billion and operating income of ¥0.8 billion; Industrial machinery and environmental systems, order intake of ¥7.0 billion, net sales of ¥5.4 billion and operating income of negative ¥0.0 billion; Fluid systems, order intake of ¥7.7 billion, net sales of ¥4.5 billion and operating income of ¥0.0 billion; and Aircraft, order intake of ¥3.1 billion, net sales of ¥8.0 billion and operating income of ¥0.3 billion.

Full-year earnings forecast

Orders received

¥329,700 million

Net Sales

¥312,400 million

Operating profit

¥17,000 million

Ordinary income

¥15,500 million

Net income

¥10,500 million net income attributable to owners of the parent

Annual Dividend

¥58 per share

What the company explained in this material

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Year-on-year change in operating profit for FY2026

Volume and product mix+¥5.5 billion

Impact of selling prices+¥4.2 billion

Foreign Exchange Effects¥0

Impact of raw material costs-¥2.1 billion

Impact of operating expenses-¥5.6 billion

Other factors+¥0.3 billion

Year-on-year change in forecast operating income for the fiscal year ending March 2027

Volume and product mix+¥8.7 billion

Impact of selling prices+¥4.6 billion

Foreign Exchange Effects−¥0.2 billion

Impact of raw material costs(¥3.0 billion)

Impact of operating expenses-¥8.7 billion

Other factors+¥0.3 billion

Impact of the situation in the Middle East(¥1.0 billion)

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Exchange rate¥150.0 per US dollar (forecast for the fiscal year ending March 2027, assumption from May onward)

Middle East situationBased on the assumption that the situation will be resolved in April. An impact of ¥1.0 billion has been factored in; impacts from future changes in the situation have not been included.

Foreign exchange sensitivityA ¥1 depreciation against the US dollar increases operating income by approximately ¥0.08 billion.

Key KPIsA metric the company considers important as a management benchmark.

Orders received¥327,046 million
Year on year against the same period last year+12.2%
Order backlog¥360,826 million
Year on year against the same period last year+13.2%
ROE9.7 %
Year on year against the same period last year+1.5 percentage points
ROIC6.7 %
Year on year against the same period last year+0.7 percentage points
Overseas revenue ratio16.4 %
Year on year against the same period last year-0.5 percentage points
Commercial aircraft production units 777/777X34 satellites
Year on year against the same period last yearup from 23 units
Commercial aircraft production units 78767 satellites
Year on year against the same period last yearup from 53 units
Commercial aircraft production units G750036 satellites
Year on year against the same period last yeardown from 37 units

Segment results

Special-Purpose Vehicles
Orders received¥128.3 billion (up ¥5.8 billion year on year)
Net Sales¥117.5 billion (up ¥9.3 billion year on year)
Operating profit¥6.1 billion (up ¥1.2 billion year on year)
Parking Systems
Orders received¥45.1 billion (up ¥1.0 billion year on year)
Net Sales¥50.7 billion (up ¥4.9 billion year on year)
Operating profit¥4.9 billion (up ¥1.5 billion year on year)
Industrial Machinery and Environmental Systems
Orders received¥33.6 billion (down ¥2.8 billion year on year)
Net Sales¥27.3 billion (down ¥5.9 billion year on year)
Operating profit¥0.5 billion (down ¥1.6 billion year on year)
Fluid systems
Orders received¥30.6 billion (up ¥1.9 billion year on year)
Net Sales¥29.9 billion (up ¥2.4 billion year on year)
Operating profit¥4.6 billion (up ¥0.2 billion year on year)
Aircraft
Orders received¥66.0 billion (up ¥23.1 billion year on year)
Net Sales¥41.5 billion (up ¥7.8 billion year on year)
Operating profit¥2.5 billion (up ¥0.6 billion year on year)
Other
Orders received¥23.1 billion (up ¥6.3 billion year on year)
Net Sales¥17.8 billion (down ¥0.1 billion year on year)
Operating profit¥1.5 billion (unchanged year on year)

Medium-term management plan targets

During the period of the medium-term management plan [SG-2026], pay dividends with a DOE target of approximately 3%. Maintain an equity ratio of at least 40% and a net D/E ratio of no more than 0.5x as appropriate levels.

Financial targets

Equity ratioAt least 40% (policy); 42.2% actual for FY2026

Net debt-to-equity ratioNo more than 0.5x (policy); 0.10x actual for FY2026

Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.

Impact of the situation in the Middle East: -¥1.0 billion. The negative impact on profit may increase if the situation is prolonged.

Orders received and order backlog

Orders received¥327,046 million

Order backlog¥360,826 million

Number of employees

Number of Employees7,313 consolidated and 3,669 non-consolidated employees (as of 31 March 2026)

Capital expenditures

10,468 Millions of yen fiscal year ended March 2026 actual

Annual Dividend

Annual dividend per share¥56 (fiscal year ended March 2026), ¥58 (forecast for the fiscal year ending March 2027)

Payout ratio

32.2% actual for the fiscal year ended March 2026. The medium-term management plan [SG-2026] targets a DOE of approximately 3%.

Contents of this document
Item	Details
Document type	Earnings presentation
Fiscal Period Covered	Fiscal year ending March 2026, full year
Net Sales	¥285,024 million (YoY +7.0%)
Operating profit	¥16,329 million (YoY +16.9%)
Ordinary income	¥16,324 million (YoY +20.6%)
Net income	¥11,507 million (net income attributable to owners of the parent) (YoY +28.5%)
Operating profit margin	5.7 %
Results for the three months of the current quarter	First-quarter results by segment were as follows: Special-purpose vehicles, order intake of ¥33.9 billion, net sales of ¥24.5 billion and operating income of ¥0.7 billion; Parking systems, order intake of ¥11.1 billion, net sales of ¥10.4 billion and operating income of ¥0.8 billion; Industrial machinery and environmental systems, order intake of ¥7.0 billion, net sales of ¥5.4 billion and operating income of negative ¥0.0 billion; Fluid systems, order intake of ¥7.7 billion, net sales of ¥4.5 billion and operating income of ¥0.0 billion; and Aircraft, order intake of ¥3.1 billion, net sales of ¥8.0 billion and operating income of ¥0.3 billion.
Full-year earnings forecast	Orders received ¥329,700 million / Net Sales ¥312,400 million / Operating profit ¥17,000 million / Ordinary income ¥15,500 million / Net income ¥10,500 million (net income attributable to owners of the parent) / Annual Dividend ¥58 per share
Segment results	Segment Special-Purpose Vehicles / Orders received ¥128.3 billion (up ¥5.8 billion year on year) / Net Sales ¥117.5 billion (up ¥9.3 billion year on year) / Operating profit ¥6.1 billion (up ¥1.2 billion year on year), Segment Parking Systems / Orders received ¥45.1 billion (up ¥1.0 billion year on year) / Net Sales ¥50.7 billion (up ¥4.9 billion year on year) / Operating profit ¥4.9 billion (up ¥1.5 billion year on year), Segment Industrial Machinery and Environmental Systems / Orders received ¥33.6 billion (down ¥2.8 billion year on year) / Net Sales ¥27.3 billion (down ¥5.9 billion year on year) / Operating profit ¥0.5 billion (down ¥1.6 billion year on year), Segment Fluid systems / Orders received ¥30.6 billion (up ¥1.9 billion year on year) / Net Sales ¥29.9 billion (up ¥2.4 billion year on year) / Operating profit ¥4.6 billion (up ¥0.2 billion year on year), Segment Aircraft / Orders received ¥66.0 billion (up ¥23.1 billion year on year) / Net Sales ¥41.5 billion (up ¥7.8 billion year on year) / Operating profit ¥2.5 billion (up ¥0.6 billion year on year), Segment Other / Orders received ¥23.1 billion (up ¥6.3 billion year on year) / Net Sales ¥17.8 billion (down ¥0.1 billion year on year) / Operating profit ¥1.5 billion (unchanged year on year)
Breakdown of Factors Affecting the Change	Year-on-year change in operating profit for FY2026 Volume and product mix +¥5.5 billion / Impact of selling prices +¥4.2 billion / Foreign Exchange Effects ¥0 / Impact of raw material costs -¥2.1 billion / Impact of operating expenses -¥5.6 billion / Other factors +¥0.3 billion / Year-on-year change in forecast operating income for the fiscal year ending March 2027 Volume and product mix +¥8.7 billion / Impact of selling prices +¥4.6 billion / Foreign Exchange Effects −¥0.2 billion / Impact of raw material costs (¥3.0 billion) / Impact of operating expenses -¥8.7 billion / Other factors +¥0.3 billion / Impact of the situation in the Middle East (¥1.0 billion)
Key KPIs	Indicator name Orders received / Value ¥327,046 million / Year on year against the same period last year +12.2%, Indicator name Order backlog / Value ¥360,826 million / Year on year against the same period last year +13.2%, Indicator name ROE / Value 9.7 % / Year on year against the same period last year +1.5 percentage points, Indicator name ROIC / Value 6.7 % / Year on year against the same period last year +0.7 percentage points, Indicator name Overseas revenue ratio / Value 16.4 % / Year on year against the same period last year -0.5 percentage points, Indicator name Commercial aircraft production units 777/777X / Value 34 satellites / Year on year against the same period last year up from 23 units, Indicator name Commercial aircraft production units 787 / Value 67 satellites / Year on year against the same period last year up from 53 units, Indicator name Commercial aircraft production units G7500 / Value 36 satellites / Year on year against the same period last year down from 37 units
Number of employees	Number of Employees 7,313 consolidated and 3,669 non-consolidated employees (as of 31 March 2026) / Changes during the period and hiring plan Not disclosed
Assumptions Underlying the Business Outlook	Exchange rate ¥150.0 per US dollar (forecast for the fiscal year ending March 2027, assumption from May onward) / Middle East situation Based on the assumption that the situation will be resolved in April. An impact of ¥1.0 billion has been factored in; impacts from future changes in the situation have not been included. / Foreign exchange sensitivity A ¥1 depreciation against the US dollar increases operating income by approximately ¥0.08 billion.
Risk amount incorporated into the outlook	Impact of the situation in the Middle East: -¥1.0 billion. The negative impact on profit may increase if the situation is prolonged.
Medium-term management plan targets	During the period of the medium-term management plan [SG-2026], pay dividends with a DOE target of approximately 3%. Maintain an equity ratio of at least 40% and a net D/E ratio of no more than 0.5x as appropriate levels.
Financial targets	ROE Not disclosed / ROIC Not disclosed / Equity ratio At least 40% (policy); 42.2% actual for FY2026 / Net debt-to-equity ratio No more than 0.5x (policy); 0.10x actual for FY2026
Annual Dividend	Annual dividend per share ¥56 (fiscal year ended March 2026), ¥58 (forecast for the fiscal year ending March 2027) / Interim and Year-End Breakdown Not disclosed
Payout ratio	32.2% actual for the fiscal year ended March 2026. The medium-term management plan [SG-2026] targets a DOE of approximately 3%.
Capital expenditures	10,468 Millions of yen (fiscal year ended March 2026 actual)
Orders received and order backlog	Orders received ¥327,046 million / Order backlog ¥360,826 million

Items this document does not state (10)

Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsAcquisition of treasury sharesMarket Size / ShareKey points of the Q&ANew initiatives

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.

For the fiscal year ended March 2026, higher sales, volume and product mix, and the effects of selling-price revisions increased profit. For the fiscal year ending March 2027, the company expects contributions from volume and product mix, selling-price revisions and higher sales, while factoring in higher personnel expenses, depreciation, raw material costs and the impact of the situation in the Middle East as factors reducing profit. Ordinary income and net income are expected to decline due to lower foreign exchange gains and higher tax expenses.

How to read this page

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