Yamabiko reports mixed Q1 results amid currency headwinds

Yamabiko Corporation (TSE:6250) today announced its financial results for the first quarter of fiscal year ending December 2025, revealing a complex performance landscape. While sales rose 7.3% year-over-year to JPY43,785 million, operating profit decreased by 8.9% to JPY5,575 million, and net income attributable to the parent company plummeted 44.7% to JPY3,063 million. The increase in sales was attributed to strong performance in overseas OPE (Outdoor Power Equipment) markets, particularly in North America and Europe, whilst domestic markets remained stable. Despite the positive sales trend, profitability was hampered by increases in personnel expenses in Japan, strategic marketing investments in North America, and negative impacts from foreign exchange rates as the US dollar weakened against the yen, offsetting sales growth. Yamabiko has revised its full-year forecast to account for revised exchange rates, resulting in reduced sales and profits compared to the previous outlook.