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YASKAWA Electric, Net Income Forecast for the Fiscal Year Revised Upward by 12%

Fri Oct 3, 2025 4:00 pm JST Earnings

6506 YASKAWA Electric Corporation 【IFRS】

Earnings Report

YASKAWA Electric Corporation <6506> [TSE Prime] announced its financial results (based on IFRS) after the market closed on October 3rd (16:00). The consolidated net income for the cumulative second quarter of the fiscal year ending February 2026 (March to August) was 18.2 billion yen, a 2.2% increase compared to the same period last year.

In addition, the full-year forecast for consolidated net income has been revised upward 12.1%, from the previous forecast of 33.0 billion yen to 37.0 billion yen (compared to 56.9 billion yen in the previous period), and the declining rate is expected to decrease from 42.1% to 35.1%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the September to February period (second half) is expected to significant drop 52.1% from the same period last year to 18.7 billion yen.

In the most recent three-month period, from June to August (2Q), the consolidated net income increased 30.5% from the same period last year, reaching 11.2 billion yen. The operating profit margin improved from 9.1% in the same period last year to 9.5%.

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Actual Performance and Financial Trends

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Mar - Aug, 2023
288,978M 33,062M 34,543M 24,228M 92.7 50.0% Oct 6, 2023 IFRS
Mar - Aug, 2024
261,573M 22,926M 24,427M 17,851M 68.3 31.1% Oct 4, 2024 IFRS
Mar - Aug, 2025
260,195M 23,334M 25,204M 18,247M 70.4 49.9% Oct 3, 2025 IFRS
YoY -0.5% +1.8% +3.2% +2.2% +3.0%
First Half Results vs. Previous Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar - Aug, 2025 Guidance 34 Apr 4, 2025 IFRS
Mar - Aug, 2025 Results 260,195M 23,334M 25,204M 18,247M 70.4 34 Oct 3, 2025 IFRS
Revision Rate

Guidance Update

Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Feb, 2026 Prev 515,000M 43,000M 45,500M 33,000M 127.2 68 Jul 4, 2025 IFRS
Feb, 2026 New 525,000M 48,000M 50,500M 37,000M 142.7 68 Oct 3, 2025 IFRS
Revision Rate +1.9% +11.6% +11.0% +12.1% +12.1%

Current Period Guidance

Second Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Sep - Feb, 2024
276,109M 27,230M 54,027M 39,136M 150.1 34 Apr 4, 2025 IFRS
Guidance
Sep - Feb, 2025
264,805M 24,666M 25,296M 18,753M 72.3 34 Oct 3, 2025 IFRS
YoY -4.1% -9.4% -53.2% -52.1% -51.8%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Feb, 2024
575,658M 66,225M 69,078M 50,687M 193.9 64 Apr 5, 2024 IFRS
Feb, 2025
537,682M 50,156M 78,454M 56,987M 218.6 68 Apr 4, 2025 IFRS
Guidance
Feb, 2026
525,000M 48,000M 50,500M 37,000M 142.7 68 Oct 3, 2025 IFRS
YoY -2.4% -4.3% -35.6% -35.1% -34.7%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jun - Aug, 2024
129,165M 11,808M 12,099M 8,652M 33.1 9.1% Oct 4, 2024 IFRS
Sep - Nov, 2024
132,116M 11,387M 38,563M 27,633M 105.8 8.6% Jan 10, 2025 IFRS
Dec - Feb, 2024
143,993M 15,843M 15,464M 11,503M 44.1 11.0% Apr 4, 2025 IFRS
Mar - May, 2025
125,642M 10,503M 9,849M 6,952M 26.8 8.4% Jul 4, 2025 IFRS
Jun - Aug, 2025
134,553M 12,831M 15,355M 11,295M 43.6 9.5% Oct 3, 2025 IFRS
YoY +4.2% +8.7% +26.9% +30.5% +31.6%