Hosokawa Micron (6277) Q2 2026 earnings summary

Executive summary

• Net sales rose 3.7% year-over-year to ¥39,910 million for the interim period ended March 31, 2026, but operating profit fell 49.7% to ¥1,796 million and net income attributable to owners dropped 54.9% to ¥1,212 million.

• Profitability was impacted by higher selling, general, and administrative expenses, lower-than-expected sales in Europe, and extraordinary losses from business structure improvement expenses overseas.

• Orders received and backlog both declined slightly, reflecting delayed investment decisions amid geopolitical tensions and rising energy prices.

Financial highlights

• Operating profit decreased sharply by 49.7% year-over-year, and ordinary profit dropped 42.4%.

• Net income attributable to owners of parent fell 54.9% year-over-year.

• Comprehensive income increased 18.0% year-over-year to ¥4,369 million, driven by foreign currency translation adjustments.

• Total assets increased to ¥105,144 million, and net assets rose to ¥70,769 million, with an equity ratio of 67.3%.

• Cash and cash equivalents decreased by ¥2,934 million to ¥28,150 million.

Outlook and guidance

• Full-year forecast for FY2026 remains unchanged: net sales of ¥78,500 million (+0.6% YoY), operating profit of ¥7,000 million (-0.7% YoY), ordinary profit of ¥7,400 million (-4.1% YoY), and net income attributable to owners of parent of ¥5,200 million (+14.9% YoY).

• Earnings per share forecasted at ¥355.29 for the full year.

• Dividend forecast revised upward to ¥140 per share, including a ¥10 commemorative dividend for the 110th anniversary.