YAMATO Mobility & Mfg. Co.,Ltd. [7886.T]
TOKYO, May 15 (Pulse News Wire) – Yamato Mobility & Mfg. CO.,LTD.
(7886.T) reported its fiscal year 2026 results, which showed lower-than-expected performance compared to previous forecasts. According to the company's statement released today, the revenue for the fiscal year ending March 31, 2026, was revised downward due to increased investment costs in EV business segments and underperformance from a Chinese subsidiary now accounted for under the equity method.
For the fiscal year ending March 31, 2026, the company’s preliminary figures show: - Revenue: ¥9 billion (previously forecasted at ¥9.1 billion) - Operating Profit: ¥1 billion (unchanged from previous forecast) - Ordinary Profit: ¥800 million (unchanged from previous forecast) - Net Income Attributable to Parent Company Shareholders: -¥520 million (unchanged from previous forecast) The company attributed the shortfall primarily to higher expenses related to strategic investments in its electric vehicle division and disappointing results from its Chinese subsidiary, leading to reduced profitability. This marks a significant deviation from the initial projections made on November 14, 2025, highlighting challenges faced during the final quarter of the fiscal year.
🟢 Confidence: High AI-translated content.