ANEST IWATA (6381) investor relations material

Executive summary

• Net sales for FY2026 Q1 reached 13,700 million yen, up 13.3% year-on-year, with strong growth in air compressors, vacuum equipment, and coating businesses, especially in Europe, the Americas, Japan, Asia, and Africa.

• Operating profit rose 32.8% year-on-year to 1,234 million yen, with operating margin improving to 9.0% due to higher revenue and effective SG&A management.

• Profit attributable to owners of parent increased 27.0% to 1,137 million yen, and comprehensive income improved to 1,883 million yen from a loss of 137 million yen in the prior year.

• Upward revision of first-half and full-year earnings forecasts, reflecting robust sales and disciplined expense control.

Financial highlights

• Net sales: 13,700 million yen (+13.3% year-on-year); operating profit: 1,234 million yen (+32.8%); ordinary profit: 1,763 million yen (+34.1%); net income: 1,137 million yen (+27.0%).

• Gross profit increased to 6,537 million yen (up from 5,813 million yen), with gross profit margin at 47.7% (-0.4 pt), and SG&A expense ratio improved to 38.7% (-1.7 pt).

• Basic earnings per share rose to 28.92 yen from 22.77 yen.

• Equity ratio at 66.6%, down from 68.0% at FY2025 year-end due to dividend payments and increased non-current assets.

• Extraordinary losses of 133 million yen recorded due to misconduct at overseas subsidiaries.

Outlook and guidance

• Full-year net sales forecast raised to 60,700 million yen (+8.6% year-on-year); operating profit forecast at 6,460 million yen; profit attributable to owners of parent at 3,950 million yen.

• Basic earnings per share for the year forecast at 100.45 yen.

• New oil-free medium-sized air compressor launch expected to contribute to earnings in the second half.

• Dividend forecast unchanged, with commemorative dividends included for the 100th anniversary.

• Forecast does not include potential impacts from foreign exchange gains/losses or rising material prices due to geopolitical risks.