Musashi Seimitsu Industry (7220) Q4 2026 earnings summary

Executive summary

• Net sales for FY2026 were ¥347,200 million, flat year-over-year, with operating profit up 4.1% to ¥20,538 million and ordinary profit up 12.5% to ¥20,230 million.

• Net profit attributable to owners of parent dropped 83.8% to ¥1,264 million due to restructuring costs.

• Comprehensive income surged to ¥12,352 million, driven by foreign currency translation gains.

• The company advanced its business transformation, expanding in energy solutions and e-mobility, and opened new strategic offices and R&D centers.

Financial highlights

• Operating profit rose to ¥20,538 million (up 4.1% year-over-year), ordinary profit to ¥20,230 million (up 12.5%).

• Net profit attributable to owners of parent fell sharply to ¥1,264 million (down 83.8% year-over-year) due to restructuring costs.

• Basic EPS was ¥19.29, down from ¥118.80 the previous year.

• Total assets increased to ¥301,614 million, net assets to ¥131,252 million, and equity ratio to 40.5%.

• Cash and cash equivalents at year-end were ¥33,894 million.

Outlook and guidance

• FY2027 forecast: net sales ¥335,000 million (down 3.5%), operating profit ¥18,500 million (down 9.9%), ordinary profit ¥16,000 million (down 20.9%), net profit attributable to owners of parent ¥6,500 million (up 414.2%).

• Basic EPS forecast for FY2027 is ¥99.18.

• Assumptions include FX rates of ¥150/USD, ¥175/EUR, and ¥21/CNY.