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SHIBAURA MACHINE, First Half Ordinary Profit Decreases by 70%, Jul-Sep Ordinary Profit Decreases by 61%
6104 SHIBAURA MACHINE CO., LTD. 【J-GAAP】
Earnings ReportSHIBAURA MACHINE CO., LTD. <6104> [TSE Prime] announced its financial results after the market closed on November 11th (16:10). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) significantly dropped 69.5% from the same period last year to 2.43 billion yen. Progress toward the full-year plan of 5.00 billion yen was 48.8%, also falling below the five-year average of 52.8%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to significant drop 57.9% from the same period last year to 2.56 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 1.41 billion yen, a 60.7% decrease compared to the same period last year. The operating profit margin sharply declined from 10.1% in the same period last year to 3.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 81,915 | 8,164 | 9,035 | 14,359 | 594.2 | 61.9 | Nov 8, 2023 | J-GAAP |
| Apr - Sep, 2024 | 86,823 | 8,434 | 8,003 | 8,598 | 359.4 | 56.8 | Nov 12, 2024 | J-GAAP |
| Apr - Sep, 2025 | 67,640 | 2,037 | 2,439 | 1,759 | 74.5 | 48.8 | Nov 11, 2025 | J-GAAP |
| YoY | -22.1% | -75.8% | -69.5% | -79.5% | -79.3% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 70,000 | 2,200 | 2,100 | 1,600 | 67.7 | 70 | May 12, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 67,640 | 2,037 | 2,439 | 1,759 | 74.5 | 70 | Nov 11, 2025 | J-GAAP |
| Revision Rate | -3.4% | -7.4% | +16.1% | +9.9% | +10.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 81,368 | 5,661 | 6,082 | 3,999 | 168.1 | 70 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 72,360 | 2,963 | 2,561 | 1,541 | 65.2 | 70 | Nov 11, 2025 | J-GAAP |
| YoY | -11.1% | -47.7% | -57.9% | -61.5% | -61.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 160,653 | 13,614 | 14,604 | 17,920 | 741.6 | 140 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 168,191 | 14,095 | 14,085 | 12,597 | 529.6 | 140 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 140,000 | 5,000 | 5,000 | 3,300 | 139.6 | 140 | May 12, 2025 | J-GAAP |
| YoY | -16.8% | -64.5% | -64.5% | -73.8% | -73.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 44,449 | 4,479 | 3,603 | 5,679 | 237.4 | 10.1 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 46,255 | 4,683 | 5,587 | 3,682 | 154.5 | 10.1 | Jan 31, 2025 | J-GAAP |
| Jan - Mar, 2025 | 35,113 | 978 | 495 | 317 | 13.3 | 2.8 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 30,977 | 922 | 1,024 | 866 | 36.7 | 3.0 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 36,663 | 1,115 | 1,415 | 893 | 37.8 | 3.0 | Nov 11, 2025 | J-GAAP |
| YoY | -17.5% | -75.1% | -60.7% | -84.3% | -84.1% |
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