Estic reports Q2 fiscal 2026 revenue and profit declines

Estic Corporation announced its Q2 fiscal year 2026 results, with net sales reaching JPY 3.504 bn, a 7.3% decrease from the previous year. Operating profit also saw a decline of 7.1%, settling at JPY 579 m. This performance was largely attributed to a global slowdown in EV demand, revised investment plans, and the impact of US tariffs, particularly affecting the screw tightening equipment segment.

Geographically, while sales in China and other Asian regions like India, Taiwan, and South Korea saw significant growth, markets in Japan, North America, and the EU experienced a decline. The company is implementing strategies to mitigate these impacts, including price transfers for some products in the US, diversification into new markets such as India and Indonesia, and a focus on operational improvements to manage rising costs.

For the full fiscal year 2026, Estic forecasts net sales of JPY 8.320 bn and an operating profit of JPY 1.698 bn, representing a projected increase of 5.6% and 3.7% respectively compared to fiscal year 2025. The company aims for stable dividends through productivity improvements and minimizing tariff impacts, with a proposed annual dividend of JPY 29 per share.