TOKYO, May 20 (Pulse News Wire) – PEGASUS CO.,LTD. (6262.T) reported mixed results for its fiscal year ending March 2026, with revenue declining but strategic initiatives showing promise.
Revenue was ¥21.66 billion compared to the prior year's ¥23.45 billion, driven by soft demand in China and cautious investment environments in Bangladesh and India. In the apparel machinery sector, sales increased in North America and South America, offsetting declines elsewhere. However, the automotive parts division saw a significant drop in Chinese sales due to pricing pressures and reduced vehicle production. Despite these challenges, the company remains optimistic about expanding its presence in emerging markets through competitive pricing strategies.
For the next fiscal year, PEGASUS forecasts continued growth in key regions such as North America and expects to benefit from the upcoming review of the USMCA trade agreement. The company plans to invest further in production facilities and enhance operational efficiency across its operations. Financially, the firm’s capital adequacy ratio improved to 72.5%, while earnings per share dropped to ¥13.22 from ¥38.89 previously. The board also outlined a new mid-term strategy aimed at achieving a return on equity (ROE) exceeding a certain threshold and a price-to-book value (PBR) greater than one.
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