SHIMA SEIKI MFG.,LTD. [6222.T]
TOKYO, May 08 (Pulse News Wire) – Shima Seiki Mfg.,ltd. (6222.T) reported higher sales and improved profits for the fiscal year ending March 31, 2026, compared to the previous fiscal year.
For the fiscal year ended March 31, 2026, the company's revenue reached ¥27.58 billion, up 6.6% from ¥25.87 billion in the prior fiscal year. Operating profit stood at ¥--¥3.414 billion, while ordinary profit was recorded at ¥--¥2.175 billion.
Net income per share increased to ¥--¥40.1 million from ¥--¥281.9 million in the previous year. The improvement in performance was driven by strong sales of knitting machines in the Italian market.
Additionally, non-recurring expenses such as inventory valuation losses, foreign exchange losses, and impairment losses decreased significantly during the current fiscal year, contributing to reduced overall losses compared to the previous year.
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