Harmonic Drive Systems Inc.
FY March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)
For the nine months ended March 2026, net sales were ¥42,183 million (4.5% YoY increase), operating income was ¥1,191 million, and net income attributable to owners of the parent was ¥769 million.
Key Figures
- Net Sales: ¥42,183 million (4.5% YoY increase)
- Operating Income: ¥1,191 million (Turned positive from operating loss of ¥336 million in previous year period)
- Net Income Attributable to Owners of Parent: ¥769 million (Turned positive from net loss of ¥354 million in previous year period)
AI要約
Overview of Financial Results
For the cumulative consolidated period of Q3 FY March 2026, net sales increased 4.5% year-over-year to ¥42,183 million, operating income was ¥1,191 million, and net income attributable to owners of the parent was ¥769 million. This marks a turnaround to profitability from operating and net losses recorded in the previous year period. By product, speed reducers grew by 7.1%, while mechatronics products decreased by 3.6%. Regionally, Japan grew by 22.3%, China declined by 28.9%, North America decreased by 4.4%, and Europe saw a slight increase. Despite global economic uncertainties, investment demand in AI-related fields is supporting order recovery.
Financial Position and Dividend Status
Total assets declined 3.9% compared to the previous fiscal year-end, to ¥109,146 million; liabilities decreased by 8.9% to ¥31,575 million; and net assets fell 1.7% to ¥77,570 million. The equity ratio improved from 69.5% to 71.1%. The annual dividend forecast remains unchanged at ¥20.00. The number of shares outstanding was steady at 96,315,400 shares. There is no revision to the earnings forecast going forward.
