FilingReader Intelligence

SMC Corporation reports 29% profit drop in Q1

August 8, 2025 at 12:09 PM UTCBy FilingReader AI

SMC Corporation reported net sales fell 1.3% to 200.18bn yen in the first quarter of fiscal 2026. Operating profit declined 15.1% to 44.46bn yen due to increased costs and depreciation.

Ordinary profit dropped 28.1% to 49.12bn yen, hit by higher foreign exchange losses. Profit attributable to owners fell 28.9% to 34.64bn yen.

The company maintained its full-year forecast of 850bn yen in net sales and 167bn yen in profit attributable to owners.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:6273Tokyo Stock Exchange

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