Amada (6113) Q2 2026 earnings summary

Executive summary

• Sales revenue for the first half of FY2025 was ¥184.2bn, nearly flat year-over-year, while order intake rose 10.3% to ¥201.1bn, reaching record highs in North America and Asia/Others.

• Operating profit dropped 33.9% year-over-year to ¥15.3bn, mainly due to higher SG&A expenses and a stronger yen.

• Net income attributable to owners was ¥10.3bn, down 31.3% year-over-year.

• Comprehensive income rose to ¥20.67bn, up 101.1% year-over-year, driven by gains in other comprehensive income.

• Order backlog increased 32.2% year-over-year to ¥204.6bn as orders outpaced sales.

Financial highlights

• Gross profit margin declined to 41.5% from 43.9% year-over-year, with gross profit at ¥76.56bn.

• SG&A expenses rose 6.3% year-over-year to ¥61.8bn.

• Inventory volume increased 13.7% year-over-year to ¥165.5bn, with turnover at 4.5 months.

• Total assets increased to ¥738.16bn as of September 30, 2025.

• Net cash provided by operating activities increased to ¥21.67bn from ¥15.33bn year-over-year.

Outlook and guidance

• FY2025 full-year revenue forecast is ¥440.0bn (+10.9% YoY), with operating profit expected at ¥46.0bn (-6.3% YoY).

• Orders are projected to reach ¥430.0bn (+15.3% YoY).

• Net income forecast is ¥32.0bn, nearly flat year-over-year.

• Basic earnings per share for the full year is projected at ¥101.02.

• Dividend forecast remains unchanged at ¥62 per share for the full year.