SMK Corporation
Notice Regarding Differences Between Interim (Q2) Earnings Forecast and Actual Results and Recording of Non-operating Expenses (Foreign Exchange Losses)
For Q2 of the fiscal year ending March 2027, net sales exceeded forecasts at 24,793 million yen, operating income was 397 million yen, ordinary income was 561 million yen, and net income attributable to owners of parent for the interim period was 257 million yen, representing increases of +793/+197/+161/+57 respectively versus the previous forecast. The primary driver was increased orders in key markets leading to higher sales; however, a foreign exchange loss of 3,301 million yen was recorded as a non-operating expense, which affected results.
Key Figures
- Net Sales: 24,793 million yen
- Operating Income: 397 million yen
- Ordinary Income: 561 million yen
AI要約
Overview of Results
Consolidated results for Q2 of the fiscal year ending March 2027 showed net sales above the previous forecast at 24,793 million yen, operating income of 397 million yen, ordinary income of 561 million yen, and interim net income attributable to owners of parent of 257 million yen. The main contributors were strong sales of connectors and camera modules in the mobility market, renewable-energy related connectors in the industrial machinery market, and sanitary remote controls in the consumer electronics market. A foreign exchange loss of 3,301 million yen was recorded as a non-operating expense, and interim net income per share was 40.71 yen.
Future Impact and Considerations
The amount of foreign exchange losses may continue to fluctuate with exchange rate movements. Although sales and operating income increased, the recording of foreign exchange losses affected final net income. Future earnings outlooks may rise or fall depending on exchange rate trends, so ongoing foreign exchange risk management remains important.
SMK Corporation
Company overview · Stock price · Financial data · All IR
