Horiba, Ltd. · TSE:6856
Horiba — Q1 2026 Earnings Presentation
14 slides from Horiba's earnings presentation, May 18, 2026
Slide 1: Financial Information
Financial Information HORIBA, Ltd. May, 2026
Slide 2: Contents
Contents ◼ 2026 1Q (Jan.-Mar.) Results ◼ 2026 Forecasts ◼ Operating Profit Analysis ◼ Exchange Rate Trend / Forecasts / Impacts ◼ CAPEX, Depreciation, R&D Expenses ◼ Dividend Forecasts ◼ Topics <Disclaimer> This presentation contains statements and materials that indicate future forecasts regarding
Slide 3: 2026 1Q (Jan.-Mar.) Results
2026 1Q (Jan.-Mar.) Results （Billions of yen） Sales, operating profit and ordinary profit were record-high and net income increased year-on-year, due to increased sales in all fields 2025 2026 vs 2025 1Q Results 1Q Results Changes % (Jan.-Mar.) (Jan.-Mar.) Sales 71.8 84.5 +12.6 +17.6% Operating prof
Slide 4: 2026 1Q (Jan.-Mar.) Results by Fields
2026 1Q (Jan.-Mar.) Results by Fields （Billions of yen） Sales Operating profit 2025 2026 vs 2025 2025 2026 vs 2025 1Q Results 1Q Results 1Q Results 1Q Results Changes % Changes % (Jan.-Mar.) (Jan.-Mar.) (Jan.-Mar.) (Jan.-Mar.) Energy & Environment 25.8 30.4 +4.6 +18.0% 0.7 1.7 +0.9 +127.4% Bio & Hea
Slide 5: 2026 Forecasts
2026 Forecasts （Billions of yen） Considering the recent exchange rate and order trends, the earnings forecasts have been revised upward. 2025 2026 Changes Previous vs Previous Forecasts Results Forecasts vs 2025 (as of May 14) Forecasts (as of Feb. 12) Sales 333.0 345.0 373.0 +39.9 +28.0 Operating p
Slide 6: 2026 Forecasts by Fields
2026 Forecasts by Fields （Billions of yen） Sales Operating profit 2025 2026 Changes 2025 2026 Changes Previous vs Previous Previous vs Previous Results Forecasts vs 2025 Results Forecasts vs 2025 Forecasts Forecasts (as of May 14) Forecasts (as of May 14) Forecasts (as of Feb. 12) (as of Feb. 12) En
Slide 7: Operating Profit Analysis (vs 2025 Jan. – Mar.)
Operating Profit Analysis (vs 2025 Jan. – Mar.)（Billions of yen） 2025 2026 Jan. – Mar. Jan. – Mar. Exchange Exchange Increase Increase Increase Increase impact for impact for R&D Other 11.75 Sales COGS Gross Profit Expenses Expenses Expenses 12.48 +9.23 -7.47 +1.50 -0.97 -0.37 -1.19 Increase Exchang
Slide 8: Exchange Rate Trend / Forecasts / Impacts
Exchange Rate Trend / Forecasts / Impacts （Yen） 2025 2026 Previous Actual Forecasts Forecasts vs 2025 Annual Forecasts (as of May 14) (Annual) (as of Feb. 12) 1Q USD 149.61 145.00 156.96 155.00 +5.39 EUR 169.19 175.00 183.65 180.00 +10.81 Exchange rate impact Exchange rate impact for 2026 Jan. - Mar
Slide 9: CAPEX, Depreciation, R&D Expenses
CAPEX, Depreciation, R&D Expenses （Billions of yen） 2025 2026 Previous vs 1Q Results 1Q Results Forecasts vs 2025 Results Forecasts Previous (Jan.-Mar.) (Jan.-Mar.) (as of May 14) (Annual) (as of Feb. 12) Forecasts CAPEX 2.7 27.4 8.0 20.0 20.0 -7.4 - Depreciation and amortization 3.2 13.8 3.7 15.5 1
Slide 10: Dividend Forecasts
Dividend Forecasts • Dividend payment = 30% of Consolidated net income attributable to HORIBA, Basic Policy Ltd.’s shareholders to be targeted • Execute special dividend and share buybacks timely and properly, considering investment opportunities and the cash flow situation. Dividend per share ⚫ 202
Slide 11: Entering into Australia, to develop business in Oceania
Entering into Australia, to develop business in Oceania Established a local subsidiary and acquired Australian Scientific Pty. Limited. for business expansion in the resources and energy industrial process sectors Name: Australian Scientific Pty. Limited (ASPL) Established: 1981 Location: New South
Slide 12: Enhancing production capacity in preparation for semiconductor market growth
Enhancing production capacity in preparation for semiconductor market growth Newly released Kyoto Fukuchiyama Factory: Construction completed Chemical Concentration Monitor Investment amount: Approx. 17 billion yen Total investment amount: Approx. 20 billion yen, together with Fiber-Optic Type Non-C
Slide 13: Omoshiro-okashiku
Omoshiro-okashiku Joy and Fun u a 3 Terima kasih ® & Gracias S ini Danke 2 Lac euxaplotw n&pa TOAU a Yr 2 THANK YOU 3 x: D WaAUAAL ASU fe) Bonbwoe cnacu6o mpwesoeuale g Cam dn = Zt AFSELIC} Dziekuje 2 alzeay 1940) HORIBA
Slide 14: This document is our proprietary material and is protected by copyright law
This document is our proprietary material and is protected by copyright law. Please do not use, reproduce, transmit, or disclose (including orally) all or part of this document without our prior approval. Thank you.