TOKYO, May 08 (Pulse News Wire) – Shibuya Corporation (6340.T) reported a revenue increase of 2,549 million yen for the third quarter ended June 2026 compared to the same period last year. However, operating profit declined by 2,452 million yen due to higher fixed costs such as labor expenses and depreciation, along with rising raw material prices.
The packaging plant division saw growth in sales and profits, driven by increased demand for beverage filling systems in China and Southeast Asia. In contrast, the mechatronics system and agricultural equipment divisions experienced declines in both revenues and profits.
Adjustments related to the completion of the new headquarters factory also contributed to the reduced profitability. For the fiscal year ending June 2026, the company expects revenue to rise slightly compared to the previous year, though net income is anticipated to decrease marginally due to continued cost pressures and rising raw material costs.
Shibuya maintains its initial guidance despite these challenges.
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