Shibaura Machine's Profit Plummets 92% in Fiscal Year 2025
Shibaura Machine's (TYO:6104) profit attributable to owners of the parent plunged 92% to 1.03 billion yen for the fiscal year 2025 from 12.6 billion yen a year earlier.The machinery manufacturer's basic earnings per share declined to 43.51 yen from 529.56 yen a year ago, according to a Tokyo bourse filing on Monday.Net sales dropped 21% to 132.8 billion yen from 168.2 billion yen in the prior year.It declared a final dividend of 70 yen per share, payable from June 16.For the fiscal year 2026, the company expects attributable profit of 2 billion yen, basic EPS of 84.58 yen, and net sales/revenue of 137 billion yen.Shibaura Machine plans to pay interim and year-end dividends of 70 yen per share, each, for the year, which is the same as the amount declared in the year-ago period.
