Shimaseiki Manufacturing, a company listed on the Tokyo Stock Exchange Prime Market, has announced a downward revision to its full-year consolidated earnings forecast for the fiscal year ending March 2027, and now expects a net loss of ¥5.1 billion. The main factors are intensifying price competition in Asian markets, delays in launching some models, and a shortfall against the sales plan caused by lower factory operating rates.
Shimaseiki Manufacturing revised downward its full-year consolidated earnings forecast for the fiscal year ending March 2027, forecasting net sales of ¥34.3 billion versus the previous forecast of ¥41.0 billion, an operating loss of ¥4.8 billion versus the previous forecast of ¥0.3 billion in operating profit, and a net loss of ¥5.1 billion versus the previous forecast of ¥0.9 billion in net income. Results for the previous fiscal year were net sales of ¥33.59 billion, an operating loss of ¥1.72 billion, and net income of ¥856 million.
The main factors cited were intensifying price competition in the core Asian market and delays in launching some planned models. Lower factory operating rates resulting from production adjustments caused the forecasts for operating profit and net income to shift from black to red.
The article focuses on the revised forecast figures, progress against the future sales plan, and trends in factory operating conditions. Additional information may be released, and attention will also be paid to the disclosure status of related published materials.