Brother Industries : Consolidated Results of Fiscal Year ended March 31, 2026

Published May 8, 2026 at 7:21 a.m. UTC

Source: MarketScreener

This document is a summary translation of the Japanese language original version. In the event of any discrepancy, errors and/or omissions, the Japanese language version shall prevail.

May 8, 2026

Highlights of Consolidated Financial Results for Fiscal Year ended March 31, 2026

Millions of yen (except for per share amounts)

	Year ended Mar. 31, 2025	Year ended Mar 31, 2026	Change
Revenue	848,889	893,464	5.3%
Business segment profit	75,489	83,631	10.8%
Operating profit	67,696	77,868	15.0%
Profit before income taxes	72,542	81,973	13.0%
Profit for the year	54,792	67,641	23.5%
Profit for the year attributable to owners of the parent company	54,778	67,624	23.5%
Comprehensive income for the period	48,856	115,668	136.7%
Basic earnings per share for the period (yen)	214.27	268.10
Diluted earnings per share for the period (yen)	213.74	267.47
Dividends per common share (yen)	100.00	100.00

Notes:

Business segment profit is calculated by subtracting cost of sales and selling, general and administrative expenses from revenue.
The Network & Contents Business has been classified as a discontinued operation from the third quarter ended Dec. 31, 2025. Accordingly, the amounts presented for revenue, business segment profit, operating profit, and profit before income taxes for the year ended Mar. 31, 2025, and the year ended Mar. 31, 2026, are the amounts from continuing operations from which the amounts from the discontinued operation have been excluded. The amounts presented for profit for the period and profit for the period attributable to owners of the parent company are the total of continuing operationsand discontinued operation.

	As of Mar. 31, 2025	As of Mar. 31, 2026
Total assets	932,650	1,018,815
Total equity	691,472	767,363
Equity attributable to owners of the parent company	691,390	763,277
Equity attributable to owners of the parent company ratio	74.1 %	74.9 %
Equity attributable to owners of the parent company per share (yen)	2,704.21	3,066.67
	Year ended Mar. 31, 2025	Year ended Mar 31, 2026
Net cash provided by operating activities	90,023	111,001
Net cash provided by (used in) investing activities	(48,152)	(42,993)
Net cash provided by (used in) financing activities	(34,609)	(54,633)
Cash and cash equivalents at end of period	172,776	197,674

Highlights of Consolidated Financial Forecast for Fiscal Year ending March 31, 2027

Millions of yen (except for per share amounts)

		[Forecast]
	Year ended Mar. 31, 2026	Year ended Mar 31, 2027	Change
Revenue	893,464	910,000		1.9%
Business segment profit	83,631	85,000		1.6%
Operating profit	77,868	85,000		9.2%
Profit before income taxes	81,973	87,500		6.7%
Profit for the year	67,641	72,000		6.4%
Profit for the year attributable to owners of the parent company	67,624	72,000		6.5%
Basic earnings per share for the period (yen)	268.10	289.21
Dividends per common share (yen)	100.00	100.00

Notes:

Business segment profit is calculated by subtracting cost of sales and selling, general and administrative expenses from revenue.
The Network & Contents Business has been classified as a discontinued operation from the third quarter ended Dec. 31, 2025. Accordingly, the amounts presented for revenue, business segment profit, operating profit, and profit before income taxes for the year ended Mar. 31, 2026, are the amounts from continuing operations from which the amounts from the discontinued operation have been excluded. The amounts presented for profit for the period and profit for the period attributable to owners of the parent company are the total of continuing operations and discontinued operation.

Notes:

The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS).
Amounts less than 1 million yen have been rounded down.
Operating results for the year ended Mar. 31, 2026 are based on the following currency exchange rates: Actual average rates for the year ended Mar. 31, 2026: US$=150.97 yen, EURO=174.54 yen
Forecasts for the year ending Mar. 31, 2027 are based on the following currency exchange rates:
Assumed average rates for the year ending Mar. 31, 2027: US$=150.00 yen, EURO=180.00 yen
Number of shares outstanding (including treasury stock) As of Mar. 31, 2025 = 257,755 thousands
As of Mar. 31, 2026 = 257,755 thousands Number of treasury stock outstanding
As of Mar. 31, 2025 = 2,083 thousands
As of Mar. 31, 2026 = 8,861 thousands Number of weighted average shares
During the year ended Mar. 31, 2025 = 255,649 thousands During the year ended Mar. 31, 2026 = 252,237 thousands
(Note) The Company has introduced a Performance Share using a BIP trust for directors, and the Company's shares held by the trust
(250,465 shares for the year ending Mar. 31, 2025 and 374,638 shares for the year ending Mar. 31, 2026) are included in treasury stock.
At the Board of Directors meeting held on May. 8, 2026, the company resolved to repurchase its own shares under Article 156, as applied pursuant to paragraph 3, Article 165, of the Corporation Act.
1. Reason for share repurchase
  To improve shareholder return, capital efficiency and to implement flexible capital policies.
2. Details of repurchase
  1. Type of shares: Common stock
  2. Number of shares: Up to 10,000,000 shares
    (% to total number of shares issued excluding treasury stock: 4.02%)
  3. Total purchase price: Up to 20 billion yen
  4. Period of repurchase: From May. 11, 2026 to Apr. 30, 2027
  5. Method: Market purchases on the Tokyo Stock Exchange, Inc. through an appointed securities dealer with transaction discretion
3. Treatment of shares after the share repurchase
  In order to eliminate concerns over dilution, the Company has a policy to cancel the shares after the share repurchase.
At the Board of Directors meeting held on May. 8, 2026, the company resolved to cancel its own shares pursuant to Article 178, of the Corporation Act.
1. Details of cancellation
  1. Type of shares: Common stock
  2. Number of shares: 7,307,400 shares
    (% to total number of shares issued before cancellation: 2.84%)
  3. Scheduled cancellation date: June. 1,2026
  4. Total number of shares issued after cancellation: 250,448,530 shares

[Reference] Highlights of Non-consolidated Financial Results for Fiscal Year ended March 31, 2026

Millions of yen (except for per share amounts)

	Year ended Mar. 31, 2025	Year ended Mar 31, 2026		Change
Net sales	524,018	459,966		-12.2%
Operating profit	38,970	4,814		-87.6%
Recurring profit	85,406	26,587		-68.9%
Profit	75,838	35,877		-52.7%
Profit per share for the period (yen)	296.24	142.04
Profit per share for the period after adjustment for potential shares	295.52	141.70
(yen)
	As of Mar. 31, 2025	As of Mar. 31, 2026
Total assets	569,210	598,899
Net aseets	469,223	461,873
Equity	468,332	461,023
Equity ratio	82.3 %	77.0	%
Net assets per share(yen)	1,829.26	1,849.59

(Note) The non-consolidated financial statements have been prepared in accordance with Japanese Generally Accepted Accounting Principles (JGAAP).

Consolidated Statement of Financial Position

Millions of yen

Assets

Current assets

FY2024

(As of Mar. 31, 2025)

FY2025

(As of Mar. 31, 2026)

Cash and cash equivalents	172,776	197,674
Trade and other receivables	134,719	142,285
Other financial assets	5,314	8,793
Inventories	226,840	233,992
Other current assets	34,422	39,986
Subtotal	574,073	622,733
Assets held for sale	-	24,697
Total current assets	574,073	647,430
Non-current assets
Property, plant and equipment	149,412	152,228
Right-of-use assets	28,782	26,362
Investment property	5,346	8,105
Goodwill and intangible assets	95,836	97,783
Investments accounted for using the equity method	2,461	2,832
Other financial assets	33,570	33,705
Deferred tax assets	24,754	27,190
Other non-current assets	18,411	23,175
Total non-current assets	358,576	371,384
Total assets	932,650	1,018,815

Millions of yen

Liabilities and Equity Liabilities

Current liabilities

FY2024

(As of Mar. 31, 2025)

FY2025

(As of Mar. 31, 2026)

Trade and other payables	88,449	88,738
Bonds and borrowings	-	591
Other financial liabilities	10,097	9,898
Income tax payables	10,529	9,455
Provisions	4,840	5,315
Contract liabilities	7,317	9,413
Other current liabilities	62,109	65,312
Subtotal	183,343	188,725

Liabilities directly associated with assets held for sale

- 12,454

Total current liabilities 183,343 201,179

Non-current liabilities

Bonds and borrowings	600	400
Other financial liabilities	24,795	21,528
Retirement benefits liabilities	16,269	13,779
Provisions	4,811	3,748
Deferred tax liabilities	6,744	6,282
Contract liabilities	2,509	2,662
Other non-current liabilities	2,104	1,870
Total non-current liabilities	57,834	50,271
Total liabilities	241,178	251,451
Equity Capital stock	19,209	19,209
Capital surplus	17,996	18,041
Retained earnings	612,589	658,080
Treasury stock	(3,393)	(21,732)
Other components of equity	44,988	89,678
Equity attributable to owners of the parent company	691,390	763,277
Non-controlling interests	81	4,086
Total equity	691,472	767,363
Total equity and liabilities	932,650	1,018,815