Amada revises earnings upward for FY2026, mid-term plan updated

Amada has significantly revised its consolidated full-year earnings forecast for the fiscal year ending March 31, 2026, due to recent performance trends. The company now anticipates revenue of JPY 440,000 million, operating profit of JPY 46,000 million, and profit attributable to owners of parent of JPY 32,000 million. This represents an increase from the previously announced revenue of JPY 405,000 million, operating profit of JPY 45,000 million, and profit attributable to owners of parent of JPY 31,000 million. Basic earnings per share are also revised upwards to JPY 101.02 from JPY 96.50.

The upward revision is primarily attributed to a weaker Japanese yen against major currencies in the second quarter and the consolidation of Via Mechanics Co., Ltd. as a subsidiary. For the remainder of the fiscal year, key foreign exchange rates are assumed to be JPY 145 per US Dollar and JPY 160 per Euro, with full-year average rates of JPY 145.52 per US Dollar and JPY 164.03 per Euro.

Additionally, the medium-term business plan (FY2024-FY2026) has been updated. Revised revenue for the period is JPY 4,400 billion, up from JPY 4,000 billion. Operating profit is now projected at JPY 460 billion (operating margin 10.5%), a decrease from the initial JPY 640 billion (operating margin 16%), and ROE is adjusted to 6.2% from 8% or more. This revision incorporates M&A activities and acknowledges challenges in securing profitability despite revenue growth.