Brother Industries, Ltd. · TSE:6448
Brother Industries — Q2 FY2026 Earnings Presentation
34 slides from Brother Industries's earnings presentation, Nov 9, 2026
Slide 1: Fiscal Year 2026 Second Quarter Financial Results
Fiscal Year 2026 (ending March 31, 2027) Second Quarter Financial Results November 9, 2026 Brother Industries, Ltd. Akira Nakashima Executive Officer, Responsible for Finance & Accounting Dept. Information on this report, other than historical facts, refers to future prospects and performance, and h
Slide 2: Highlights
Highlights Results for FY2026 Q2 (Jul.-Sep.) Forecast for FY2026 Both sales revenue and profit at all levels The forecasts for both sales revenue and profit at reached record highs for the second quarter. all levels were revised upward. • Reflects strong Q2 results and a raised second-half outlook f
Slide 3: Results for FY2026 Q2 (Jul.-Sep.)
Results for FY2026 Q2 (Jul.-Sep.) As of the third quarter of FY2025, the N&C (Network & Contents) business has been classified as discontinued operations. The figures for sales revenue through income before tax exclude discontinued operations, and the figure for net income attributable to owners of
Slide 4: Consolidated Results for FY2026 Q2
Consolidated Results for FY2026 Q2 Both sales revenue and profit at all levels reached record highs for the second quarter. (100 Millions of Yen) 25Q2 Change Rate of Change 26Q2 （w/o FX） （w/o FX） Post-Reclass 311 14.3% Sales revenue 2,177 2,488 (146) (6.7%) 49 22.6% Business segment profit 217 266 (
Slide 5: Results for FY2026 Q2 by Business Segment
Results for FY2026 Q2 by Business Segment (100 Millions of Yen) Sales revenue Business segment profit Operating profit 25Q2 26Q2 Change 25Q2 26Q2 Change 25Q2 26Q2 Change Post-Reclass Post-Reclass Post-Reclass P&S (Printing & Solutions) 1,385 1,515 130 178 184 6 169 185 17 IP (Industrial Printing) 34
Slide 6: Main Factors for Changes in Sales Revenue
FY2026 Q2 Main Factors for Changes in Sales Revenue Each business remained firm, including the addition of MUTOH to the IP business and higher sales of machine tools in the Machinery business. Sales revenue increased, with positive FX effects also contributing. (100 Millions of Yen) +311 -15 17 165
Slide 7: Main Factors for Changes in Business Segment Profit
FY2026 Q2 Main Factors for Changes in Business Segment Profit Business segment profit increased, mainly due to the effects of price adjustments and positive FX effects, despite the impact of soaring parts and materials prices. (100 Millions of Yen) +49 81 -64 P&S : -58 Machinery : -11 Machinery : +2
Slide 8: Results for FY2026 First Half (Apr.-Sep.)
Results for FY2026 First Half (Apr.-Sep.) As of the third quarter of FY2025, the N&C (Network & Contents) business has been classified as discontinued operations. The figures for sales revenue through income before tax exclude discontinued operations, and the figure for net income attributable to ow
Slide 9: Consolidated Results for FY2026 1H
Consolidated Results for FY2026 1H Both sales revenue and profit at all levels reached record highs for the first half. Profit increased significantly, with the refund of U.S. additional tariffs recorded in business segment profit and the gain on the sales of a portion of Xing shares recorded in net
Slide 10: Results for FY2026 1H by Business Segment
Results for FY2026 1H by Business Segment (100 Millions of Yen) Sales revenue Business segment profit Operating profit FY25 FY26 Change FY25 FY26 Change FY25 FY26 Change 1H 1H 1H 1H 1H 1H Post-Reclass Post-Reclass Post-Reclass P&S (Printing & Solutions) 2,708 3,112 404 330 618 288 296 618 321 IP (In
Slide 11: Main Factors for Changes in Sales Revenue
FY2026 1H Main Factors for Changes in Sales Revenue Sales revenue increased significantly due to strong performance in the P&S business and machine tools in the Machinery business, the consolidation of MUTOH as a subsidiary in the IP business, and positive FX effects. (100 Millions of Yen) +785 -27
Slide 12: Main Factors for Changes in Business Segment Profit
FY2026 1H Main Factors for Changes in Business Segment Profit Although affected by soaring parts and materials prices, business segment profit increased significantly due to price adjustments, the refund of U.S. additional tariffs, higher sales revenue from machine tools in the Machinery business, a
Slide 13: Forecast for FY2026
Forecast for FY2026 As of the third quarter of FY2025, the N&C (Network & Contents) business has been classified as discontinued operations. The figures from sales revenue to income before tax are the amounts excluding discontinued operations, and the figure for net income attributable to owners of
Slide 14: Consolidated Forecast for FY2026
Consolidated Forecast for FY2026 Sales revenue and profits at all levels were revised upward, reflecting the strong second- quarter results, as well as a raised second-half outlook, mainly in machine tools in the Machinery business, and a reassessment of the risks factored into the previous forecast
Slide 15: Preconditions for Forecast for FY2026
Preconditions for Forecast for FY2026 No change from the previous forecast in exchange rates, parts and materials prices, the Middle East situation, or U.S. tariff policy. Profit revised upward by 15 billion yen, mainly reflecting higher-than-expected Q2 results and risk reassessment. Positive vs. p
Slide 16: Forecast for FY2026 by Business Segment
Forecast for FY2026 by Business Segment (100 Millions of Yen) Sales revenue Business segment profit Operating profit Previous FY26 Previous FY26 Previous FY26 Change Change Change Forecast Forecast Forecast Forecast Forecast Forecast P&S (Printing & Solutions) 6,069 6,168 99 730 800 70 730 805 75 IP
Slide 17: FY2026 Full Year Changes in Sales Revenue / Business Segment Profit
FY2026 Full Year Changes in Sales Revenue / Business Segment Profit Changes in Sales Revenue Changes in Business Segment Profit (100 Millions of Yen) (100 Millions of Yen) Previous Forecast 9,800 Previous Forecast 900 P&S 64 P&S 61 IP -32 IP 9 Machinery 94 Machinery 17 Nissei 2 Nissei 5 P&H 5 P&H 10
Slide 18: Financial Position / Capital Expenditure, Depreciation and Amortization / R&D Expenses
Financial Position / Capital Expenditure, Depreciation and Amortization / R&D Expenses © 2026 Brother Industries, Ltd. All Rights Reserved. 18
Slide 19: Financial Position
Financial Position Statements of Financial Position: Main Items Inventory (100 Millions of Yen) Inventories（100 Millions of Yen） End of End of Inventories / Cash of sales（Number of months） Change Mar 26 Sep 26 Current assets 6,474 6,776 302 Cash&Cash equivalents 1,977 2,381 404 2,442 2,523 2,344 2,2
Slide 20: Capital Expenditure, Depreciation and Amortization / R&D Expenses
Capital Expenditure, Depreciation and Amortization/ R&D Expenses Capital Expenditure Depreciation & Amortization R&D Expenses (100 Millions of Yen) (100 Millions of Yen) (100 Millions of Yen) 530 540 495 508 460 449 426 423 420 FY24 FY25 FY26 FY24 FY25 FY26 FY24 FY25 FY26 Forecast Forecast Forecast
Slide 21: Shareholder Returns
Shareholder Returns © 2026 Brother Industries, Ltd. All Rights Reserved. 21
Slide 22: Shareholder Returns | Dividend
Shareholder Returns | Dividend Raise dividend level, based on the basic policy of shareholder returns. Annual dividend of 120 yen per share planned (a 20 yen increase from the previous fiscal year), with interim and year-end dividends of 60 yen per share each. CS B2027 Shareholder Return Policy Divi
Slide 23: Business Segment Information
Business Segment Information © 2026 Brother Industries, Ltd. All Rights Reserved. 23
Slide 24: Printing & Solutions Sales Revenue & Profit
Printing & Solutions Sales Revenue & Profit (100Millions of Yen) Change Change FY25 FY26 FY26 Change vs LY Change vs LY Industrial/Consumer 25Q2 26Q2 (w/o FX) (w FX) Actual Prev. Fct. Forecast (w/o FX) (w FX) Communication & Printing Equipment, Sales revenue 1,385 1,515 1.5% 9.4% 5,706 6,069 6,168 3
Slide 25: Sales Revenue Growth Rate / Consumable Ratio / Growth Rate of Hardware
Sales Revenue Growth Rate / Consumable Ratio / Growth Rate of Hardware 24Q1 24Q2 24Q3 24Q4 25Q1 25Q2 25Q3 25Q4 26Q1 26Q2 26Q3 26Q4 FY24 FY25 Sales revenue growth rate（YoY) Laser JPY Hardware -5% 2% -1% 1% 1% 5% 6% 8% 19% 12% - - -1% 5% Consumable 11% 14% 14% -2% -3% 3% 0% 18% 29% 10% - - 9% 4% LC Ha
Slide 26: Industrial Printing Sales Revenue & Profit
Industrial Printing Sales Revenue & Profit (100Millions of Yen) Change Change FY25 FY26 FY26 Change vs LY Change vs LY 25Q2 26Q2 Industrial/Consumer (w/o FX) (w FX) Actual Prev. Fct. Forecast (w/o FX) (w FX) Sales revenue 343 435 19.1% 26.8% 1,393 1,683 1,675 17.8% 20.2% Industrial Domino 306 357 9.
Slide 27: Machinery Sales Revenue & Profit
Machinery Sales Revenue & Profit (100Millions of Yen) Change Change FY25 FY26 FY26 Change vs LY Change vs LY Industrial/Consumer 25Q2 26Q2 (w/o FX) (w FX) Actual Prev. Fct. Forecast (w/o FX) (w FX) Sales revenue 203 275 27.9% 35.2% 830 1,010 1,110 29.9% 33.8% Industrial Machine tools 157 229 38.6% 4
Slide 28: Machinery (Machine Tools) Order Trends
Machinery (Machine Tools) Order Trends Trends in order amount and sales revenue (Reference) Machine tool statistics of the Japan Machine Tool Builders’ Association Order amount Sales revenue (100 Millions of Yen) Domestic demand (100 Millions of Yen) Demand from overseas except China 300 Demand from
Slide 29: Nissei Sales Revenue & Profit
Nissei Sales Revenue & Profit (100Millions of Yen) Change Change FY25 FY26 FY26 Change vs LY Change vs LY Industrial/Consumer 25Q2 26Q2 (w/o FX) (w FX) Actual Prev. Fct. Forecast (w/o FX) (w FX) Industrial Sales revenue 55 59 3.7% 6.8% 214 242 247 12.9% 15.0% Americas 12 10 -19.0% -12.3% 38 43 44 8.
Slide 30: Personal & Home Sales Revenue & Profit
Personal & Home Sales Revenue & Profit (100Millions of Yen) Change Change FY25 FY26 FY26 Change vs LY Change vs LY Industrial/Consumer 25Q2 26Q2 (w/o FX) (w FX) Actual Prev. Fct. Forecast (w/o FX) (w FX) Consumer Sales revenue 140 169 12.0% 21.0% 610 648 656 3.2% 7.6% Americas 83 100 11.4% 21.3% 351
Slide 31: Reference
Reference © 2026 Brother Industries, Ltd. All Rights Reserved. 31
Slide 32: Reference: Changes in Disclosed Segments
Reference: Changes in Disclosed Segments As of the third quarter of FY2025, the N&C (Network & Contents) business has been classified as discontinued operations. From FY2026, results from MUTOH will be included in the Printing & Automation segment of the IP Business for disclosure purposes. ～FY25Q2
Slide 33: Reference: Brother Group's business areas
Reference: Brother Group’s business areas Business areas Product / Service portfolio Business Name Sub-segments Industrial area Industrial Equipment Machinery Machine Industrial Gearmotor sewing Industrial Sewing Machines tool machine Gear Industrial area Nissei Digital printing Coding & equipment m
Slide 34: Logo
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