Pegasus Co. Ltd · TSE:6262
Pegasus — Q2 FY3/2026 Earnings Presentation
26 slides from Pegasus's earnings presentation, Oct 31, 2025
Slide 1: Financial Results Briefing Materials for 2Q FY3/2026
Fiscal Year Ending March 31, 2026 Financial Results Briefing Materials for ２Q Announced on October 31, 2025 【Code：6262, Tokyo stock exchange in Japan】
Slide 2: Table of contents
Table of contents ● Overview for ２Q of FY3/2026 ・・・・・・・・・・・・・・・・・ 3 ● Consolidated Financial Results Forecast for FY2026 ・・・・・・・・・・・・・・・・・・・・・・・・・・ 13 ● Reference ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ ・ 18 ● Corporate Profile ・・・・・・・・・・・・・・・・・・・・・・・・・・・ ・ 21 2/26
Slide 3: Overview for 2Q of FY3/2026
@@ PEBASUS Overview for 2Q of FY3/2026
Slide 4: Business Environment
Business Environment ✓ Gradual global economic recovery amid prolonged Russia-Ukraine conflict and a slowing Chinese economy, reflecting a still uncertain outlook ✓ Heightened investment caution following additional US tariff measures Apparel machinery ✓ Additional US tariff measures leading China a
Slide 5: Overview of Net Sales by Business
Overview of Net Sales by Business Automotive 33.4％ Image of Overedger stitch die casting products Net sales machines 11,409 Examples use of million yen die casting products Apparel machinery 66.6％ Interlock stitch machines 5/26
Slide 6: Overview of Consolidated Financial Results
Overview of Consolidated Financial Results (Million yen: Amounts of less than one million yen are rounded down) (※Results excluding the effects of foreign exchange are indicated in parentheses) Previous Current Percentage Change ２Q ２Q change +942 +9.0％ Net sales 10,467 11,409 (＋1,422) (＋13.6%) Appar
Slide 7: Net Sales by Business and Location: Apparel machinery
Net Sales by Business and Location Sales decline in China amid continued wait-and-see attitude following the Apparel machinery impact of US tariffs. Year-on-year sales increase in Japan and other parts of Asia, despite differing impacts of US tariffs by country. Emerging demand for sewing machines a
Slide 8: Net Sales by Business and Location: Automotive
Net Sales by Business and Location Impact of US tariffs on adjustments in parts shipments, resulting in an Automotive overall year-on-year sales decline. Sales decline in China amid strong price reduction requests from parts manufacturers. Steady demand in the Americas supported by USMCA tariff exem
Slide 9: Changes in Operating Profit
Changes in Operating Profit ✓ Sales increase offset by higher costs, expenses, and the effects of currency exchange, resulting in a year-on-year profit decline. △219 784 +478 669 △300 △73 0 Previous ２Q Increase Increase in Increase Exchange rate Current ２Q Operating profit in sales costs in expenses
Slide 10: Consolidated Balance Sheets
Consolidated Balance Sheets (Million yen: Amounts of less than one million yen are rounded down) End of Current Change Main factors contributing to changes previous year ２Q ・Notes and accounts receivable - trade △557 Current assets 31,074 29,782 △1,291 ・Merchandise and finished goods △1,475 ・Propert
Slide 11: Consolidated Financial Position
Consolidated Financial Position (Amounts of less than one million yen are rounded down) End of Current ２Q previous year Equity (million yen) 32,477 30,710 Capital adequacy ratio (%) 70.0 69.9 End of Current ２Q previous year BVPS (yen) 1,309.02 1,237.81 Year-end share price (yen) 525 684 PBR (times)
Slide 12: Capital investment, Depreciation, R&D expenses
Capital investment・Depreciation・R&D expenses (Million yen: Amounts of less than one million yen are rounded down) Previous ２Q Current ２Q Change Capital investment 1,471 181 △1,290 Depreciation 617 608 △9 R&D expenses 266 293 ＋26 ＜Main capital investments＞ (Million yen: Amounts of less than one mil
Slide 13: Consolidated Financial Results Forecast for FY3/2026
Consolidated Financial Results Forecast for FY3/2026 13/26
Slide 14: Forecast: Business Environment
Consolidated Financial Results Forecast for FY3/2026 Business Environment ✓ Growing uncertainty and concern over US tariffs, highlighting the need for responsiveness to market changes Apparel machinery ✓ Apparel manufacturers shifting from fast fashion to sustainable fashion ✓ Sewing plants prioriti
Slide 15: Full-year financial results forecast and progress
Consolidated Financial Results Forecast for FY3/2026 Full-year financial results forecast and progress (Million yen: Amounts of less than one million yen are rounded down) Full-year Financial results Full-year Interim Progress Percentage results for the Change forecast forecast results ratio change
Slide 16: Segments by business and location forecast
Consolidated Financial Results Forecast for FY3/2026 Segments by business and location Full-year financial results forecast and progress Apparel machinery (Million yen: Amounts of less than one million yen are rounded down) Net sales Full-year Interim Progress Full-year results for Percentage Change
Slide 17: Capital investment, Depreciation, R&D expenses forecast
Consolidated Financial Results Forecast for FY3/2026 Capital investment・Depreciation・R&D expenses (Million yen: Amounts of less than one million yen are rounded down) Results for the Full-year Change previous year forecast Capital investment 1,748 512 △1,236 Depreciation 1,320 1,184 △136 R&D expen
Slide 18: Reference
@@ PEBASUS Reference
Slide 19: Net Sales by Business and Location (excluding FX effects)
Reference Net Sales by Business and Location (YoY change excluding the effects of foreign exchange) (Amounts of less than one million yen are rounded down) Japan Apparel machinery China Asia Americas Europe Total Net sales (million yen) 1,683 4,379 938 592 7,593 Current YoY change (%) △2.9 +27.4 +44
Slide 20: Effects of foreign exchange
Reference Effects of foreign exchange (based on consolidated net sales for ２Q of FY3/2026) YoY change Excluding Results for Results for excluding the other the effects Currencies JPY USD EUR RMB MXN the current the previous effects of currencies of foreign year year foreign exchange exchange Exchang
Slide 21: Corporate Profile
@@ PEBASUS Corporate Profile
Slide 22: Corporate Philosophy and Basic Policy for Business
Corporate Philosophy・Basic Policy for Business Corporate Philosophy Through our people & technology, we strive to provide better Products, Service and Quality and make a positive contribution to the world of "social development" Basic Policy for Business ● We deepen exchanges with people throughout
Slide 23: Corporate Profile
Corporate Profile Name PEGASUS CO., LTD. Representative Representative Director and President Shigemi Mima Founded January, 1914 Location Fukushima-ku, Osaka, Japan Capital 2,255.55million yen (as of March,2025) Sales 22,040.32million yen (From April 1, 2024 to March 31, 2025) Number of 1,497［conso
Slide 24: Shareholders Information
Shareholders Information as of September 2025 ◆Principal Shareholders Shareholder's Name Holding Ratio The Master Trust Bank of Japan Ltd. (Trust Account) 11.08% Custody Bank of Japan, Ltd. (Trust Account) 7.63% MIMA Co.,LTD. 6.26% JUKI CORPORATION 3.50% Keizo Bando 2.99% Takako Yoshida 2.86% Shigem
Slide 25: Changes in Consolidated Financial Results
Changes in Consolidated Financial Results (million yen) Net sales Operating profit Ordinary profit Profit attributable to (million yen) net sales (left) (right) (right) owners of parent profit (right) 30,000 6,000 20,000 4,000 10,000 2,000 0 ０ FY3/16 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 F
Slide 26: Notes regarding this document
Notes regarding this document: Financial results forecast and other forward-looking information contained in this document are based on information currently available to the Company as well as estimates on the economic environment, and are therefore subject to a number of uncertainties. Actual resu