Shibaura Machine Reports Lower-than-Expected FY2026 Results

TOKYO, May 25 (Pulse News Wire) – Shibaura Machine CO.,LTD. (6104.T) reported its fiscal year 2026 results, which fell below previously forecast figures.

For the fiscal year ending March 31, 2026, revenue was reported at ¥132.8 billion compared to the previous estimate of ¥140.0 billion, marking a decrease of ¥-¥7.185 billion. Operating profit also saw a decline, coming in at ¥4.367 billion against the earlier projection of ¥5 billion, a difference of ¥-¥633 million. Similarly, ordinary profit rose from ¥5 billion to ¥5.002 billion, reflecting a reduction of ¥-¥2.272 billion. The earnings per share (EPS) for the parent company shareholders showed a significant deviation from expectations.

While the initial forecast indicated an EPS of ¥139.7 million, the final figure stood at ¥43.5 million, representing a variance of ¥-5.1% million. Additionally, the net income attributable to the parent company shareholders decreased from ¥3.300 billion to ¥1.028 billion, indicating a drop of ¥-12.7% million. The discrepancies were attributed primarily to the machinery segment's performance, influenced by cautious equipment investment trends. Furthermore, the acquisition of Shibaura Machine LWB GmbH in November 2025 led to impairment losses on goodwill, contributing to lower-than-projected profits.

Special retirement benefits associated with restructuring efforts within subsidiary companies due to production realignment in China also impacted the results negatively.