Komori
Revision of earnings forecasts7309SHIMANO INC.Automobiles and transportation equipment

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

The forecasts for net sales and operating profit remain unchanged. However, in light of the gain on the sale of policy-held shares being recognized as an extraordinary gain, the forecast for interim net income attributable to owners of the parent for the six months ending June 2026 was increased by ¥2,000 million, while the full-year ordinary profit forecast was reduced by ¥2,700 million.

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¥ million
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Revised forecast

Fiscal year ending December 2026 · Six months ending June 2026, full year
Net SalesCumulative second-quarter results227,000→227,000million
0.0%
Net SalesFull year467,000→467,000million
0.0%
Operating profitCumulative second-quarter results24,000→24,000million
0.0%
Operating profitFull year47,000→47,000million
0.0%
Ordinary incomeCumulative second-quarter results29,300→29,300million
0.0%
Ordinary incomeFull year56,000→53,300million
-4.8%
Profit attributable to owners of the parentSix months ending June (interim net income)22,000→24,000million
+9.1%
Profit attributable to owners of the parentFull year (net income)42,000→42,000million
0.0%
Net income per shareSix months ending June (interim net income)254.44→278.96yen
+9.6%
Net income per shareFull year485.74→488.19yen
+0.5%

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

Although net sales and operating profit are unchanged from the initial outlook, the forecasts for ordinary profit and net income attributable to owners of the parent have been revised in light of the gain on the sale of policy-held shares, initially expected to be recorded as non-operating income, being recognized as an extraordinary gain during the six-month period ended March 2026, among other factors. The impact of surging crude oil prices resulting from heightened tensions in the Middle East has not been incorporated into the earnings forecasts because the outlook remains uncertain.

Details and amount of extraordinary loss

Factory rebuilding-related costs: ¥385 million

Previous-period resultsSix months ending June 2025 (interim period of the fiscal year ended December 2025): net sales of ¥237,409 million, operating profit of ¥28,123 million, ordinary profit of ¥14,038 million, interim net income attributable to owners of the parent of ¥3,961 million, and interim earnings per share of ¥44.90. Full year (fiscal year ended December 2025): net sales of ¥466,243 million, operating profit of ¥51,677 million, ordinary profit of ¥47,029 million, net income attributable to owners of the parent of ¥33,991 million, and earnings per share of ¥388.17.
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesCumulative second-quarter results 227,000 / Full year 467,000 → Cumulative second-quarter results 227,000 / Full year 467,000(Cumulative second-quarter results 0 / Full year 0)
Operating profitCumulative second-quarter results 24,000 / Full year 47,000 → Cumulative second-quarter results 24,000 / Full year 47,000(Cumulative second-quarter results 0 / Full year 0)
Ordinary incomeCumulative second-quarter results 29,300 / Full year 56,000 → Cumulative second-quarter results 29,300 / Full year 53,300(Cumulative second-quarter results 0 / Full year -4.8)
Profit attributable to owners of the parentSix months ending June (interim net income) 22,000 / Full year (net income) 42,000 → Six months ending June (interim net income) 24,000 / Full year (net income) 42,000(Six months ending June (interim net income) 9.1 / Full year (net income) 0)
Net income per shareSix months ending June (interim net income) 254.44 / Full year 485.74 → Six months ending June (interim net income) 278.96 / Full year 488.19
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredSix months ending June 2026, full year
Previous-period resultsSix months ending June 2025 (interim period of the fiscal year ended December 2025): net sales of ¥237,409 million, operating profit of ¥28,123 million, ordinary profit of ¥14,038 million, interim net income attributable to owners of the parent of ¥3,961 million, and interim earnings per share of ¥44.90. Full year (fiscal year ended December 2025): net sales of ¥466,243 million, operating profit of ¥51,677 million, ordinary profit of ¥47,029 million, net income attributable to owners of the parent of ¥33,991 million, and earnings per share of ¥388.17.
Reason for the revisionAlthough net sales and operating profit are unchanged from the initial outlook, the forecasts for ordinary profit and net income attributable to owners of the parent have been revised in light of the gain on the sale of policy-held shares, initially expected to be recorded as non-operating income, being recognized as an extraordinary gain during the six-month period ended March 2026, among other factors. The impact of surging crude oil prices resulting from heightened tensions in the Middle East has not been incorporated into the earnings forecasts because the outlook remains uncertain.
Details and amount of extraordinary lossFactory rebuilding-related costs: ¥385 million
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Publication date of previous forecast

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.

The gain on the sale of policy-held shares, which was initially expected to be recorded as non-operating income, was recognized as an extraordinary gain in the first quarter, among other factors. The impact of heightened tensions in the Middle East and surging crude oil prices has not been incorporated into the earnings forecasts because the outlook remains uncertain.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | SHIMANO INC. (7309) timely disclosure | Komori