Murakami (7292) Q4 2026 earnings summary

Executive summary

• Revenue increased 5.9% year-over-year to ¥115,651 million, with operating profit up 3.3% to ¥9,156 million and net income attributable to shareholders rising 2.3% to ¥6,079 million.

• Growth was driven by strong sales in Asia and North America, offsetting flat performance in Japan due to limited price pass-through and higher costs.

• The company continues to face geopolitical risks, cost inflation, and supply chain uncertainties, but is investing for long-term growth and efficiency.

Financial highlights

• Gross profit rose to ¥18,436 million from ¥17,263 million year-over-year.

• Operating margin was 7.9%, down slightly from 8.1% the previous year.

• Net assets increased to ¥98,108 million, with an equity ratio of 77.6%.

• Cash and equivalents at year-end were ¥43,218 million, down ¥1,960 million from the prior year.

Outlook and guidance

• For the fiscal year ending March 2027, revenue is forecast at ¥117,000 million (+1.2% YoY), operating profit at ¥8,700 million (–5.0%), and net income at ¥5,900 million (–2.9%).

• The outlook does not factor in potential impacts from Middle East geopolitical instability.

• Dividend guidance is maintained at ¥240 per share for the next fiscal year.