Hosokawa Micron (6277) Q4 2025 earnings summary

Executive summary

• Net sales for FY2025 were ¥77,994 million, down 8.7% year-over-year, with operating profit at ¥7,051 million (down 14.8%) and profit attributable to owners at ¥4,527 million (down 18.9%).

• Both powder-related and blown film-related businesses experienced declines in orders and sales due to postponed investment decisions amid global economic uncertainty and trade policy concerns.

• Extraordinary losses, including business structure improvement expenses overseas, further reduced profits.

Financial highlights

• Comprehensive income rose to ¥8,475 million (up 64% year-over-year), mainly due to foreign currency translation adjustments.

• Basic earnings per share decreased to ¥306.09 from ¥371.99 year-over-year.

• Cash and cash equivalents at year-end increased to ¥31,084 million, up ¥4,088 million from the previous year.

• Operating cash flow improved to ¥9,499 million, while investing and financing cash flows were negative at ¥3,680 million and ¥3,343 million, respectively.

Outlook and guidance

• FY2026 full-year forecast: net sales ¥78,500 million (+0.6%), operating profit ¥7,000 million (−0.7%), profit attributable to owners ¥5,200 million (+14.9%), and basic EPS ¥355.29.

• The company plans to expand its materials business, enhance aftermarket and digital solutions, and strengthen its brand in blown film.

• Risks include ongoing global economic unpredictability, U.S. trade policy, inflation, and potential delays in customer investment decisions.