Fiscal Year 2026 Financial Results Summary [Japanese Standards] (Consolidated)

Performance Overview

For the fiscal year ending March 2026, consolidated net sales were 88,066 million yen (a 0.8% decrease YoY), operating income was 7,621 million yen (a 0.2% decrease YoY), ordinary income was 7,959 million yen (a 4.7% increase YoY), and net profit attributable to owners of the parent was 5,920 million yen (a 3.6% increase YoY). In the main customer industries of shipbuilding and shipping, new construction demand continued steadily, and order backlog remained significantly above the previous year. Increased sales of small- and medium-sized engines and maintenance-related sales contributed to segment profit growth. Conversely, sales decreased due to exchange rate impacts and lower average selling prices.

Outlook

For the fiscal year ending March 2027, consolidated earnings are forecasted to reach net sales of 104,000 million yen (an 18.1% increase YoY), operating income of 8,000 million yen (a 5.0% increase YoY), ordinary income of 8,000 million yen (a 0.5% increase YoY), and net profit attributable to owners of the parent of 5,700 million yen (a 3.7% decrease YoY). Sales are expected to increase driven by growth in sales to commercial and defense institutions, as well as an increase in large engine orders. Despite intense competition in engine sales and a potential decline in maintenance-related sales, continued growth investments are planned, and operating income is expected to slightly increase.