Consolidated Results for FY 2024
SHIMA SEIKI MFG., LTD. MAY 2025
Contents
- Summary of Operating of the Fiscal Year Ended March 31, 2025
- Forecast 〔Consolidated〕
- Shareholder Returns
≪ Supplementary material ≫
・ Exchange rate assumption
・・・３P
・・・16P
・・・20P
・ Developments in R&D Expenses and Capital Investment
・ Topics
Ⅰ． Summary of Operating of the Fiscal Year Ended March 31, 2025
FY 2024 | Comparison with previous year (%) |
３２，５２０ | （９．４） |
（１１，９１４） | ー |
（１１，４８１） | ー |
（１４，２７５） | ー |
FY 2023 |
３５，９１０ |
４３０ |
１，０１８ |
１，０３０ |
Summary of Operating of the FY 2024
( million yen)
Net Sales |
Operating Income |
Ordinary Income |
Net income Attributable to owners of the parent |
Exchange rate (JPY) | FY 2024 | FY 2023 | |||
USD/JPY | １４９．５２ | １５１．４１ | Exchange rate at the end of the period (Upper level) | ||
１５２．６５ | １４２．７１ | Average exchange rate used for translation of sales (Lower level) | |||
EUR/JPY | １６２．０８ | １６３．２４ | |||
１６３．８５ | １５５．００ | ||||
Highlights
Business summary
【 Flat knitting machines 】
・Asia market
In the Chinese market, capital investment for domestic demand was weak because of the delayed economic recovery.
The main models, including N.SVR®, for Southeast Asia were primarily purchased by major Hong Kong customers, but net sales decreased for all flat knitting machines.
In Bangladesh, net sales increased from the previous period, but sales volume decreased over the estimation because the massive antigovernment demonstrations after the middle of July caused the closing of production plants and subsequent stagnancy in the supply chain and consequently, the timing of capital investments by customers was delayed.
・European and Middle Eastern markets
In the Italian market, sales volume decreased for both WHOLEGARMENT® flat knitting machines and molding machines
because the appetite for capital investments was weaker for the entire market, including well-known apparel brands, because of the economic slowdown and the mild winter last year.
In the Turkish market, net sales decreased from the previous period because of weaken orders for fast-fashion apparel caused by decreased demand for domestic apparel brands and the economic slowdown in the EU market.
・Domestic market
In the domestic market, sales volume generally decreased for computerized flat knitting machines from the previous period.
【 Design systems 】
・For APEXFiz®, the subscription service for the SDS®-ONE APEX software, both new and renewed license contracts increased mainly with Western and Japanese major apparel brands.
・Sales volume decreased for the P-CAM® computerized cutting machine.
【Glove and Sock Knitting Machine】
・Net sales increased within the segment because of an increase in capital investments by major overseas users..