Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
(For reference purposes only)
November 14, 2025 Stock exchange: Tokyo
Listed company name: AIDA ENGINEERING, LTD.
Stock code: 6118 (URL https://www.aida.co.jp/en/)
Representative: Toshihiko Suzuki, Representative Director and President (CEO)
Contact: Hiromitsu Ugawa, Director, Managing Executive Officer, Division Manager, General Administration Headquarters Tel: +81-42-772-5231
Scheduled date of filing semi-annual securities report: November 14, 2025 Scheduled date of beginning dividend payment: －
Preparation of supplemental explanatory materials: Yes
Holding of financial results briefing: Yes (for securities analysts and institutional investors)
(Figures are rounded down to the nearest million yen)
Consolidated Results for 2nd Quarter of the Fiscal Year Ending March 31, 2026 (April 1, 2025 to September 30, 2025)
Consolidated Financial Results
(Percentages represent change compared to the previous period)
Net sales
Operating income
Ordinary income
Net income attributable to owners of parent
Six months ended September 30, 2025 Six months ended
September 30, 2024
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
38,688
37,506
3.2
8.5
3,076
2,881
6.8
101.8
3,159
2,685
17.6
83.8
2,637
2,346
12.4
104.3
Note: Comprehensive income:Six months ended September 30, 2025 3,592 million yen (76.4%)
Six months ended September 30, 2024 2,036 million yen (-36.5%)
Net income per
share
Diluted net income
per share
Yen
Yen
Six months ended September 30, 2025
47.46
47.39
Six months ended September 30, 2024
40.60
40.54
Consolidated Financial Position
Total assets
Net assets
Shareholders' equity ratio
Net assets per share
Millions of yen
Millions of yen
%
Yen
As of September 30, 2025
120,863
81,946
67.7
1,507.15
As of March 31, 2025
122,862
83,637
68.0
1,452.01
Reference: Shareholders' equity As of September 30, 2025 81,854 million yen
As of March 31, 2025 83,546 million yen
Cash Dividends
Cash dividends per share
1Q End
2Q End
3Q End
Year-end
Total
Yen
Yen
Yen
Yen
Yen
Year ended March 31, 2025
-
-
-
37.00
37.00
Year ending March 31, 2026
-
-
Year ending March 31, 2026 (forecast)
-
37.00
37.00
Note: Revision of dividend forecast for this period: None
Forecasts of Consolidated Results for the Fiscal Year Ending March 31, 2026 (April 1, 2025 to March 31, 2026)
Net sales | Operating income | Ordinary income | Net income attributable to owners of parent | Net income per share | |||||
Full year | Millions of yen 80,000 | % 5.3 | Millions of yen 5,800 | % 4.9 | Millions of yen 6,000 | % 7.9 | Millions of yen 4,800 | % (5.9) | Yen 87.36 |
(Percentages represent change compared to the previous corresponding period)
Note: Revision of forecasts of consolidated results: Yes Notes
Significant changes in the scope of consolidation during the period: Yes Newly included: 1 company (HMS Products Co.)
Application of special accounting treatment used in preparation of the semi-annual consolidated financial statements: Yes
Note: Please refer to "(Accounting Policies Adopted Specially for the Preparation of Semi-annual Consolidated Financial Statements)" in "(4) Notes to Semi-annual Consolidated Financial Statements" on page 10 for details.
Changes in accounting policies, changes in accounting estimates and retrospective restatement
Changes in accounting policies due to revisions of accounting standards: None
Changes in accounting policies other than "1": None
Changes in accounting estimates: None
Retrospective restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares) As of September 30, 2025 63,962,021 shares
As of March 31, 2025 67,204,621 shares
Total number of treasury shares at the end of the period
As of September 30, 2025 9,651,132 shares
As of March 31, 2025 9,665,994 shares
Average number of shares outstanding during the period
Six months ended September 30, 2025 55,581,587 shares
Six months ended September 30, 2024 57,807,087 shares
Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit corporation.
Statement for proper use of business forecast and other special remarks:
(Note on forward-looking statements)
The above forecasts and those presented in appended material are based on the information presently available. Actual results may differ from these forecasts due to changes in various factors. For the assumptions used as a basis for the business forecast and notes for using the forecast, please refer to "(3) Consolidated Financial Results Forecast and Other Forward-Looking Information" on page 4 of the attachments.
Table of Contents - Attachments
Overview of Operating Results, Etc. 2
Overview of Operating Results 2
Overview of Financial Position 3
Consolidated Financial Results Forecast and Other Forward-Looking Information 4
Semi-annual Consolidated Financial Statements and Principal Notes 5
Semi-annual Consolidated Balance Sheets 5
Semi-annual Consolidated Statements of Income and Comprehensive Income 7
Semi-annual Consolidated Statements of Cash Flows 9
Notes to Semi-annual Consolidated Financial Statements 10
(Notes to Going Concern Assumption) 10
(Notes Regarding Remarkable Fluctuation in Shareholders' Equity) 10
(Accounting Policies Adopted Specially for the Preparation of
Semi-annual Consolidated Financial Statements) 10
(Segment Information) 11
(Business Combinations, etc.) 12
(Significant Subsequent Events) 14
Supplementary Information 16
Status of Orders 16
1. Overview of Operating Results, Etc.
Overview of Operating Results
During the six months ended September 30, 2025, the global economy maintained solid growth, led by the robust
U.S. economy, despite caution in economic activity due to uncertainty surrounding U.S. trade policy. Although the uncertainty is diminishing due to progress in tariff negotiations, downside risks remain in the overall economy due to factors such as a deterioration in corporate performance caused by the burden of tariffs, concerns about rising prices, and rising protectionism.
In the metalforming machinery industry, the Japan Forming Machinery Association reported that orders received for press during the six months ended September 30, 2025 decreased by 21.2% year on year to ¥61,937 million due to a decline in the predictability of the business environment, which has led to a decrease in orders, mainly from overseas. Under these conditions, orders received by AIDA ENGINEERING, LTD. (the "Company") and its group companies (collectively, the "Group") in the six months ended September 30, 2025 were ¥31,904 million (down 10.8% year on year) due to a decrease in orders for medium and large press (customized press). The order backlog decreased
to ¥56,519 million (down 10.7% from the end of the previous fiscal year).
Net sales were ¥38,688 million (up 3.2% year on year), due to increased sales of service and the consolidation of sales of the acquired U.S. subsidiary, HMS Products Co.
In terms of profit, operating income was ¥3,076 million (up 6.8% year on year), ordinary income was ¥3,159 million (up 17.6% year on year), and net income attributable to owners of parent was ¥2,637 million (up 12.4% year on year), due to increased sales, improved product mix, and improved gross profit margin of presses and service.
Operating results by segment during the six months ended September 30, 2025 were as follows.
Japan: Net sales were ¥22,723 million (up 4.8% year on year) due to increased sales of high-speed press. Segment income was ¥1,484 million (up 45.6% year on year) due to improved product mix and improved gross profit margins for customized press and general purpose press.
China: Net sales were ¥5,941 million (down 4.8% year on year) due to decreased sales of customized press and high-speed press, despite increased sales of general purpose press. Segment income was ¥453 million (up 7.6% year on year) due to decreased SG&A expenses.
Asia: Net sales were ¥4,642 million (down 16.6% year on year) due to a decrease in sales of customized press and high-speed press. Segment income was ¥196 million (down 23.2% year on year) due to decreased sales.
Americas: Although net sales were ¥10,619 million (up 18.0% year on year) due to the acquisition of HMS Products Co. and increased sales of services, segment income was ¥582 million (down 31.2% year on year) due to a decline in gross profit margins for customized press and high-speed press.
Europe: Net sales were ¥6,903 million (down 14.9% year on year) due to a decrease in sales of general purpose press and high-speed press, despite increased sales of customized press and services. Segment income was ¥215 million (up 1.8% year on year) due to improvement in gross profit margins.
Overview of Financial Position
Analysis of financial position
Total assets as of September 30, 2025 decreased by ¥1,998 million from the end of the previous fiscal year to
¥120,863 million. This is primarily attributable to a ¥2,096 million decrease in cash and deposits, a ¥1,099 million increase in trade receivables, including notes and accounts receivable - trade, and contract assets and electronically recorded monetary claims - operating, and a ¥829 million decrease in inventories.
Total liabilities decreased by ¥307 million from the end of the previous fiscal year to ¥38,917 million. This is primarily attributable to a ¥1,478 million decrease in trade payables, including accounts payable - trade and electronically recorded obligations - operating and a ¥2,044 million increase in short-term borrowings.
Net assets decreased by ¥1,691 million from the end of the previous fiscal year to ¥81,946 million. This is primarily attributable to a ¥2,164 million decrease in retained earnings due to cash dividends and cancelation of treasury shares, and a ¥833 million increase in foreign currency translation adjustment. As a result, shareholders' equity ratio was 67.7% as of September 30, 2025.
Analysis of cash flows
Cash and cash equivalents (the "net cash") as of September 30, 2025 decreased by ¥466 million from the end of the previous fiscal year to ¥32,518 million.
Cash flows from activities during the six months ended September 30, 2025 and their primary factors are as follows:
Cash flows from operating activities
Net cash provided by operating activities was ¥1,534 million (a cash inflow of ¥651 million in the same period of the previous fiscal year). Factors for cash inflows include income before income taxes of ¥3,670 million and a decrease in inventories of ¥2,247 million, and factors for cash outflows include a decrease in trade payables of
¥1,960 million.
Cash flows from investing activities
Net cash provided by investing activities was ¥1,016 million (a cash outflow of ¥1,091 million in the same period of the previous year). Factors for cash inflows include proceeds from withdrawal of time deposits of ¥1,907 million, and factors for cash outflows include purchase of property, plant and equipment and intangible assets of
¥721 million.
Cash flows from financing activities
Net cash used in financing activities was ¥3,428 million (a cash outflow of ¥3,752 million in the same period of the previous year). Factors for cash inflows include short-term borrowings of ¥1,849 million, and factors for cash outflows include purchase of treasury shares of ¥3,000 million and dividends paid of ¥2,278 million.