EXEDY Corporation
Third Quarter Financial Summary for the Fiscal Year Ending March 2026 [IFRS] (Consolidated)
For the third quarter of the fiscal year ending March 2026, revenue was 226.4 billion yen (3.0% decrease YoY), operating income was 16.7 billion yen (3.4% increase YoY), and net income attributable to owners of the parent for the quarter was 11.1 billion yen (9.0% increase YoY).
Key Figures
- Revenue: 226,448 million yen (3.0% decrease YoY)
- Operating Income: 16,735 million yen (3.4% increase YoY)
- Net Income Attributable to Owners of Parent for the Quarter: 11,089 million yen (9.0% increase YoY)
AI要約
Overview of Performance
For the consolidated cumulative third quarter period of the fiscal year ending March 2026, revenue was 226.4 billion yen, down 3.0% YoY, due to the impact of the strong yen and a decline in orders for the automatic transmission-related business (AT business). On the other hand, operating income rose 3.4% to 16.7 billion yen, profit before tax for the quarter increased 7.5% to 17.8 billion yen, and net income attributable to owners of the parent rose 9.0% to 11.1 billion yen, reflecting improved profitability from productivity enhancements such as the closure of loss-making subsidiaries in the United States. Basic earnings per share for the quarter increased from 235.31 yen in the same period last year to 303.39 yen.
Segment Performance and Financial Position
The manual transmission-related business (MT) recorded revenue of 55.6 billion yen (1.5% increase YoY) and segment income of 8.6 billion yen (9.2% increase YoY). The automatic transmission-related business (AT) generated revenue of 141.7 billion yen (6.8% decrease YoY) but achieved segment income of 10.2 billion yen (16.6% increase YoY). The industrial machinery drivetrain business (TS) posted revenue of 9.5 billion yen (9.3% decrease YoY) and segment income of 1.0 billion yen (24.2% decrease YoY). Other businesses recorded revenue of 19.6 billion yen (22.3% increase YoY), but due to increased R&D expenses, posted a segment loss of 0.9 billion yen. Total assets amounted to 313.8 billion yen (3.2% increase from previous fiscal year-end), and total equity came to 203.8 billion yen (4.9% increase from previous fiscal year-end).
Revision of Consolidated Full-Year Earnings Forecast
The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised, with revenue projected at 300.0 billion yen (3.1% decrease YoY), operating income at 22.0 billion yen (0.7% increase YoY), profit before tax at 22.5 billion yen (10.3% increase YoY), and net income attributable to owners of the parent at 13.5 billion yen (5.9% increase YoY). The assumed exchange rate is 151 yen to 1 US dollar.
