Komori
Revision of earnings forecasts7309SHIMANO INC.Automobiles and transportation equipment

Second-quarter (interim-period) financial results for the fiscal year ending December 2026 [Japanese GAAP] (consolidated)

The company disclosed consolidated results for the interim period of the fiscal year ending December 2026 and revised its full-year forecast. It raised its full-year forecasts for net sales, ordinary profit and net income attributable to owners of the parent, while leaving its operating profit forecast unchanged.

Worth reading
69In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
24000
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full year
Net Sales467,000→491,000million
+5.1%
Operating profit47,000→47,000million
0.0%
Ordinary income53,300→56,000million
+5.1%
Profit attributable to owners of the parent42,000→43,000million
+2.4%
Net income per share488.19→505.94yen
+3.6%

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

While the market inventory adjustment is progressing as expected, the revision reflects the foreign exchange impact of a weaker yen and stronger Asian currencies, as well as the impact of higher crude oil prices due to the situation in the Middle East. In addition, the company revised its forecasts for ordinary profit and net income attributable to owners of the parent in light of increased non-operating income, including foreign exchange valuation gains.

Details and amount of extraordinary loss

Factory rebuilding-related costs: ¥410 million

Previous-period resultsNet sales: ¥466,243 million; operating profit: ¥51,677 million; ordinary profit: ¥47,029 million; net income attributable to owners of the parent: ¥33,991 million; net income per share: ¥388.17
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥467,000 million → ¥491,000 million(+5.1%)
Operating profit¥47,000 million → ¥47,000 million(0.0%)
Ordinary income¥53,300 million → ¥56,000 million(+5.1%)
Profit attributable to owners of the parent¥42,000 million → ¥43,000 million(+2.4%)
Net income per share488.19 yen → 505.94 yen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Previous-period resultsNet sales: ¥466,243 million; operating profit: ¥51,677 million; ordinary profit: ¥47,029 million; net income attributable to owners of the parent: ¥33,991 million; net income per share: ¥388.17
Reason for the revisionWhile the market inventory adjustment is progressing as expected, the revision reflects the foreign exchange impact of a weaker yen and stronger Asian currencies, as well as the impact of higher crude oil prices due to the situation in the Middle East. In addition, the company revised its forecasts for ordinary profit and net income attributable to owners of the parent in light of increased non-operating income, including foreign exchange valuation gains.
Details and amount of extraordinary lossFactory rebuilding-related costs: ¥410 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.

In addition to the market inventory adjustment progressing as expected, the revision reflects the foreign exchange impact of a weaker yen and stronger Asian currencies, as well as the impact of higher crude oil prices against the backdrop of the situation in the Middle East. The company also cited an increase in non-operating income, including foreign exchange valuation gains, as a reason for revising its forecasts for ordinary profit and net income.

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.
Second-quarter (interim-period) financial results for the fiscal year ending December 2026 [Japanese GAAP] (consolidated) | SHIMANO INC. (7309) timely disclosure | Komori