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Asahi Seiki Kogyo cuts full-year operating profit forecast 98% to ¥1 million

Thu, Oct 29, 2026 16:20 JST Asahi Seiki Kogyo (6111.T) Machinery 中文

Asahi Seiki Kogyo (6111) on Oct. 29 cut its operating profit forecast for the fiscal year ending March 2027 by 98.0% to ¥1 million from ¥50 million and lowered its sales forecast to ¥14.0 billion from ¥14.5 billion, after its first-half operating loss widened to ¥149 million.

FY operating profit forecast¥1 million (prev. ¥50 million)
FY sales forecast¥14.0 billion (prev. ¥14.5 billion)
H1 operating loss¥149 million
Annual dividend forecast¥60 per share

The Nagoya Stock Exchange-listed company released non-consolidated first-half earnings (kessan tanshin) alongside the revision, which replaces forecasts issued on April 30. It said sales of automatic and special-purpose machines and press machines are expected to fall short of its initial plan, reflecting customer demand trends.

ItemPreviousRevisedChange
Sales¥14.5 billion¥14.0 billion-3.4%
Operating profit¥50 million¥1 million-98.0%
Recurring profit¥40 million¥10 million-75.0%
Net profit¥30 million¥20 million-33.3%

For the April-September half, sales rose 11.7% to ¥5,596 million, while the operating loss widened to ¥149 million from ¥53 million a year earlier. The company posted a net loss of ¥98 million, compared with a net profit of ¥693 million a year earlier. It cited depreciation costs from the launch of next-generation vehicle (xEV) parts in its precision metal parts business and lower sales of machinery including press machines.

Sales at the precision processing division rose 53.3% to ¥4,678 million, with small-caliber ammunition up 47.4% to ¥1,666 million on government budget execution. Machinery division sales fell 53.1% to ¥917 million, as press machine sales dropped 62.1% on weaker sales of presses for electric-vehicle battery cans.

The company kept its annual dividend forecast at ¥60 per share.

Next steps: The company plans to file its semi-annual securities report on Nov. 13, 2026.


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