Shigematsu Works reports FY2026 parent net profit decline
Updated
Updated · MarketWatch · May 8
Shigematsu Works reports FY2026 parent net profit decline
7 articles · Updated · MarketWatch · May 8
The Japanese company posted net profit of Y702 million for the year ended 31 March, on revenue of Y15.59 billion, versus Y780 million profit a year earlier.
Operating profit slipped to Y1.05 billion from Y1.07 billion, while pretax profit fell to Y933 million from Y1.10 billion.
Earnings per share declined to Y98.74 from Y109.77, while the full-year dividend was kept unchanged at Y15.00 under Japanese accounting standards.
With revenue up but profit down, can Japanese manufacturers escape the squeeze of a weak yen and rising global costs?
Is Shigematsu's profit dip a warning sign or a strategic investment to dominate the booming global safety equipment market?