Source disclosure: February 12, 2026
SMC CORPORATION [6273.T]
TOKYO, Feb 12 (Pulse News Wire) – SMC Corporation (6273.T) reported its fiscal third-quarter earnings for the period ending March 2026, showing operating profit of ¥1.427 billion, down 5% compared to the same quarter last year. Revenue reached ¥6.099 billion, marking a slight decline from the previous quarter's performance.
Despite the revenue dip, the company maintained its forecast for the full fiscal year, projecting revenues of ¥8.160 billion and operating profits of ¥2.090 billion. In detail, the company highlighted several factors affecting its quarterly results. Sales volumes increased across China (+54%) and Europe (+24%), while North America saw a significant drop (-94%). Pricing pressures also impacted sales, particularly in overseas markets where prices decreased by 23%.
Currency fluctuations further complicated the picture, contributing to a 21% decrease in U.S. dollar-denominated transactions but a 32% increase in euro-based operations. Looking ahead, SMC noted positive trends in orders received, especially in semiconductor and food-related sectors, which showed growth in various regions. However, automotive demand remained sluggish despite some recovery signs.
The company plans continued investment in manufacturing facilities domestically and internationally, totaling ¥804 billion for the fiscal year, with ¥684 billion allocated to domestic projects and ¥195 billion to overseas initiatives.
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