Hosokawa Micron Cuts Profit Forecast 35% Despite Revenue Gain
Hosokawa Micron Corporation (TSE:6277) has revised down earnings guidance for the fiscal year ending September 2026, citing operational headwinds in Europe and restructuring costs in its German operations, even as currency tailwinds boost projected sales.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 78.5bn | JPY 83.0bn | +5.7% |
| Operating Profit | JPY 7.00bn | JPY 4.50bn | -35.7% |
| Ordinary Income | JPY 7.40bn | JPY 5.20bn | -29.7% |
| 親会社株主に帰属する当期純利益 | JPY 5.20bn | JPY 3.20bn | -38.5% |
| 1株当たり当期純利益 | 355.29 | 218.32 | — |
The company raised its revenue forecast by JPY 4.5bn to JPY 83.0bn, reflecting favorable foreign exchange conditions as the euro and dollar have remained significantly weaker year-over-year in yen terms. However, management attributed the substantial profit downgrades to reduced operating rates across European facilities and one-time restructuring expenses tied to its German business operations. Operating profit was slashed JPY 2.5bn to JPY 4.5bn, while net profit attributable to parent shareholders fell JPY 2.0bn to JPY 3.2bn, translating to earnings per share of JPY 218.32 versus the prior forecast of JPY 355.29.
The revision underscores mounting operational challenges in the company’s European segment despite currency benefits. While yen weakness provides a translation boost to reported sales, deteriorating utilization rates and restructuring costs have more than offset that gain, signaling a tougher near-term environment for the precision machinery manufacturer. Investors should monitor execution on the German restructuring plan and any signs of European demand recovery in coming quarters.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.