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SYSMEX, Net Income Forecast for the Fiscal Year Revised Downward to an Unexpected 16% Decrease

Wed Nov 5, 2025 3:30 pm JST Earnings

6869 SYSMEX CORPORATION 【IFRS】

Earnings Report

SYSMEX CORPORATION <6869> [TSE Prime] announced its financial results (based on IFRS) after the market closed on November 5th (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 26.9% from the same period last year to 19.0 billion yen.

In addition, the full-year forecast for consolidated net income has decreased 21.1%, from the previous forecast of 57.0 billion yen to 45.0 billion yen (compared to 53.6 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 16.2% decrease in profit.

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 October to March period (second half) is expected to decrease 6.1% from the same period last year to 25.9 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net income decreased to 14.4 billion yen, a 3.4% decrease compared to the same period last year. The operating profit margin decreased from 21.3% in the same period last year to 17.6%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 212,698 33,824 33,300 22,186 35.3 44.6 Nov 8, 2023 IFRS
Apr - Sep, 2024 242,479 44,502 38,280 26,002 41.7 48.3 Nov 6, 2024 IFRS
Apr - Sep, 2025 232,527 32,957 29,955 19,019 30.5 42.2 Nov 5, 2025 IFRS
YoY -4.1% -25.9% -21.7% -26.9% -26.9%

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 240,000 36,000 31,500 20,000 32.1 19 Aug 6, 2025 IFRS
Apr - Sep, 2025 Results 232,527 32,957 29,955 19,019 30.5 19 Nov 5, 2025 IFRS
Revision Rate -3.1% -8.5% -4.9% -4.9% -4.9%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 535,000 91,500 85,500 57,000 91.5 38 May 14, 2025 IFRS
Mar, 2026 New 510,000 76,000 71,000 45,000 72.2 38 Nov 5, 2025 IFRS
Revision Rate -4.7% -16.9% -17.0% -21.1% -21.1%

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 266,164 43,081 40,941 27,667 44.4 17 May 14, 2025 IFRS
Oct - Mar, 2025 Guidance 277,473 43,043 41,045 25,981 41.7 19 Nov 5, 2025 IFRS
YoY +4.2% -0.1% +0.3% -6.1% -6.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 461,510 78,382 74,600 49,639 79.3 28 May 9, 2024 IFRS
Mar, 2025 508,643 87,583 79,221 53,669 86.1 32 May 14, 2025 IFRS
Mar, 2026 Guidance 510,000 76,000 71,000 45,000 72.2 38 Nov 5, 2025 IFRS
YoY +0.3% -13.2% -10.4% -16.2% -16.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 130,533 27,759 21,301 14,971 24.0 21.3 Nov 6, 2024 IFRS
Oct - Dec, 2024 124,387 22,843 23,512 16,613 26.7 18.4 Feb 12, 2025 IFRS
Jan - Mar, 2025 141,777 20,238 17,429 11,054 17.7 14.3 May 14, 2025 IFRS
Apr - Jun, 2025 105,731 10,628 7,873 4,553 7.3 10.1 Aug 6, 2025 IFRS
Jul - Sep, 2025 126,796 22,329 22,082 14,466 23.2 17.6 Nov 5, 2025 IFRS
YoY -2.9% -19.6% +3.7% -3.4% -3.4%

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