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HORIBA, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 21%, Raises Record High Profit Forecast

Thu May 14, 2026 3:30 pm JST Earnings

6856 HORIBA, Ltd. 【J-GAAP】

Earnings Report

HORIBA, Ltd. <6856> [TSE Prime] announced its financial results after the market closed on May 14th (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending December 2026 (January to March) increased 9.5% from the same period last year, reaching 12.7 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 21.2%, from the previous forecast of 56.5 billion yen to 68.5 billion yen (compared to 54.2 billion yen in the previous period), increasing the growth rate from 4.2% to 26.3%, further surpassing the previous forecast of record-high profits for six consecutive terms.

At the same time, the January to June period (first half) consolidated ordinary profit has been revised upward 16.7%, from the previous forecast of 24.0 billion yen to 28.0 billion yen (compared to 22.5 billion yen in the same period of the previous year), increasing the growth rate from 6.5% to 24.3%, further surpassing the previous forecast of record-high profits for five consecutive terms.

In the most recent three-month period, from January to March (1Q), the operating profit margin decreased from 16.4% in the same period last year to 14.8%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Mar, 2024 70,252 10,009 10,165 7,029 166.6 52.8 May 14, 2024 J-GAAP
Jan - Mar, 2025 71,877 11,755 11,629 8,113 193.4 51.6 May 15, 2025 J-GAAP
Jan - Mar, 2026 84,529 12,480 12,733 8,656 206.1 45.5 May 14, 2026 J-GAAP
YoY +17.6% +6.2% +9.5% +6.7% +6.6%

Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2026 Prev 156,000 24,000 24,000 17,000 404.7 150 Feb 12, 2026 J-GAAP
Jan - Jun, 2026 New 167,000 28,000 28,000 20,000 476.1 150 May 14, 2026 J-GAAP
Revision Rate +7.1% +16.7% +16.7% +17.6% +17.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2026 Prev 345,000 56,000 56,500 40,500 964.2 490 Feb 12, 2026 J-GAAP
Dec, 2026 New 373,000 68,000 68,500 48,500 1,154.6 490 May 14, 2026 J-GAAP
Revision Rate +8.1% +21.4% +21.2% +19.8% +19.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 148,943 21,893 22,529 15,859 377.9 80 Aug 7, 2025 J-GAAP
Jan - Jun, 2026 Guidance 167,000 28,000 28,000 20,000 476.1 150 May 14, 2026 J-GAAP
YoY +12.1% +27.9% +24.3% +26.1% +26.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 317,369 48,340 50,170 33,591 799.4 270 Feb 13, 2025 J-GAAP
Dec, 2025 333,081 53,040 54,226 37,090 883.5 450 Feb 12, 2026 J-GAAP
Dec, 2026 Guidance 373,000 68,000 68,500 48,500 1,154.6 490 May 14, 2026 J-GAAP
YoY +12.0% +28.2% +26.3% +30.8% +30.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 71,877 11,755 11,629 8,113 193.4 16.4 May 15, 2025 J-GAAP
Apr - Jun, 2025 77,066 10,138 10,900 7,746 184.6 13.2 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 81,302 11,622 11,841 8,237 196.2 14.3 Nov 14, 2025 J-GAAP
Oct - Dec, 2025 102,836 19,525 19,856 12,994 309.5 19.0 Feb 12, 2026 J-GAAP
Jan - Mar, 2026 84,529 12,480 12,733 8,656 206.1 14.8 May 14, 2026 J-GAAP
YoY +17.6% +6.2% +9.5% +6.7% +6.6%

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