Notice Regarding Revision of Full-Year Earnings Guidance for the Fiscal Year Ending March 2026

Overview of Earnings Guidance Revision

Harmonic Drive Systems Inc. has upwardly revised its consolidated and non-consolidated full-year earnings guidance for the fiscal year ending March 2026. Consolidated net sales are expected to increase by 4.4% from 57,000 million yen in the previous forecast to 59,500 million yen; operating income is expected to increase by 66.7% from 1,500 million yen to 2,500 million yen; and net income attributable to owners of parent is also expected to rise by 21.5% from 1,300 million yen to 1,580 million yen. Non-consolidated results have also been significantly revised upward, with net sales of 33,400 million yen, operating income of 950 million yen, and net income of 650 million yen.

Reasons for Revision and Future Outlook

The primary reasons for the revision are anticipated sales outperforming previous forecasts in the robotics and semiconductor manufacturing equipment sectors in Japan and North America. Additionally, increased net sales are expected to improve factory operating rates, leading to better profit margins at each stage. The company plans to closely monitor these market trends and aims for further earnings improvement. However, the earnings guidance is based on reasonable assumptions and actual results may vary.