Hosokawa Micron Cuts Profit Forecast 42% on European Weakness
Hosokawa Micron Corporation (TSE:6277) has downwardly revised its earnings guidance for the six-month period ending March 31, 2026, citing structural headwinds in European operations and one-time restructuring costs in Germany.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 38.5bn | JPY 39.9bn | +3.6% |
| Operating Profit | JPY 3.00bn | JPY 1.75bn | -41.7% |
| Ordinary Income | JPY 3.20bn | JPY 2.25bn | -29.7% |
| 親会社株主に帰属する中間純利益 | JPY 2.40bn | JPY 1.20bn | -50.0% |
| 1株当たり中間純利益 | 163.98 | 81.89 | — |
The company raised its revenue forecast to JPY 39.9bn from JPY 38.5bn, buoyed by favorable euro-to-yen currency movements. However, this top-line gain was overwhelmed by profit deterioration. Operating profit fell to JPY 1.75bn from JPY 3.00bn, while ordinary income (keijo rieki)—a Japan-specific metric capturing non-operating financial items—declined to JPY 2.25bn from JPY 3.20bn. Net profit attributable to parent shareholders halved to JPY 1.20bn. Management attributed the downward revision to delayed profitability improvements across Europe amid uncertain macroeconomic conditions, compounded by JPY 1.25bn in restructuring charges related to German operations booked in the first quarter.
The revision signals mounting pressure on Hosokawa Micron’s European segment despite currency tailwinds. The 50% cut to interim net profit and structural challenges in a key market raise questions about full-year earnings sustainability. Investors should monitor whether management revises full-year guidance and provides visibility on the timeline for European recovery and German restructuring completion.
Source: Original filing (TDnet) | 日本語版
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