Consolidated Financial Results for the Three Months Ended June 30, 2025 （440KB）

August 8, 2025

Company name : SMC Corporation

Listing : Tokyo Stock Exchange, Prime Market

Securities code : 6273

URL : https://www.smcworld.com/ir/en-jp/

Representative : Yoshiki Takada, President

Inquiries : Masahiro Ota, Director and Executive Officer (disclosure.jp@smc.com)

Scheduled date to commence dividend payments : －

Preparation of supplementary material on financial results : Yes

Holding of financial results briefing : Yes (for institutional investors and analysts)

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025)
   1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Three months ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      June 30, 2025	200,180	(1.3)	44,456	(15.1)	49,115	(28.1)	34,641	(28.9)
      June 30, 2024	202,781	1.9	52,354	(6.7)	68,278	(8.7)	48,705	(6.6)

      Note: Comprehensive income For the three months ended June 30, 2025 :	¥	24,796 million	(77.2%)
      For the three months ended June 30, 2024 :	¥	108,862 million	(0.7%)

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      June 30, 2025	543.79	-
      June 30, 2024	759.43	-

   2. Consolidated financial position

      	Total assets	Net assets	Equity-to-asset ratio
      As of	Millions of yen	Millions of yen	%
      June 30, 2025	2,106,539	1,918,722	91.1
      March 31, 2025	2,100,767	1,928,306	91.8

      Reference: Equity As of June 30, 2025 : ¥ 1,918,573 million As of March 31, 2025 : ¥ 1,928,281 million

2. Cash dividends

   	Annual dividends per share
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   Fiscal year ended March 31, 2025 Fiscal year ending March 31, 2026	Yen - -	Yen 500.00	Yen -	Yen 500.00	Yen 1,000.00
   Fiscal year ending March 31, 2026 (Forecast)		500.00	-	500.00	1,000.00

   Note: Revisions to the forecast of cash dividends most recently announced : None

3. Forecasts of consolidated operating results for the year ending March 31, 2026

   	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent		Basic earnings per share
   Year ending March 31, 2026	Millions of yen 850,000	% 7.3	Millions of yen 215,000	% 13.0	Millions of yen 232,000	% 10.5	Millions of yen 167,000	% 6.8	Yen 2,620.27

   Note: Revisions to the forecast of operating results most recently announced : None

   ＊ Notes

   1. Significant changes in the scope of consolidation during the period : None

   2. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements : Yes

   3. Changes in accounting policies, changes in accounting estimates, and restatement

      1. Changes in accounting policies due to revisions to accounting standards and other regulations : None

      2. Changes in accounting policies due to other reasons : None

      3. Changes in accounting estimates : None

      4. Restatement : None

   4. Number of issued shares (common shares)

      1. Total number of issued shares at the end of the period (including treasury shares)

         As of June 30, 2025	63,869,359 shares
         As of March 31, 2025	67,369,359 shares

      2. Number of treasury shares at the end of the period

         As of June 30, 2025	254,562 shares
         As of March 31, 2025	3,635,534 shares

      3. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

(Note) The Company's shares held by the Board Benefit Trust (BBT) for the Directors' Stock Compensation Plan (11,200 shares) is included in the number of treasury shares, which is excluded in the calculation for the above: 2. Number of treasury shares at the end of the period and 3. Average number of shares outstanding during the period.

＊Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None

＊Proper use of earnings forecasts, and other special matters

1. Forecasts are based on information and certain premises that the Company considers to be reasonable at the

   time these consolidated financial results are released.

   Some factors could cause actual results to differ from expectations.

2. The Company is scheduled to hold a financial results briefing for institutional investors and analysts on August

8, 2025. Presentation material will be released on the Company's website on the day.

1. Qualitative information about the quarterly results
   1. Operating results

      During the three months of this fiscal year (April 1, 2025 to June 30, 2025), the global economy remained uncertain due to the manifestation of geopolitical risks such as the U.S. tariff policy and prolonged conflicts in Ukraine and in the Middle East.

      As for the demand for automatic control equipment, in the semi-conductor and electrical machinery-related industries, even though there was a sign of demand recovery for the electrical machinery-related industry in Greater China, the demand did not reach a full-scale recovery for the semi-conductor-related industry in the regions including Japan, North America, and South Korea. In the automotive-related industry, although EV-related demand recovered in Greater China, capital investments continued to hold back in other regions due to the U.S. tariff effect. Machine tool-related industry showed strength in Greater China, however, other regions remained to be in an adjustment phase. Sales to medical equipment-related, food machinery-related, and other industries remained sluggish, despite new post-covid demand for automation.

      Under these circumstances, the SMC Group has continued to make aggressive worldwide capital investments to strengthen its supply capability. The Group has also continued to address issues such as enforcing direct and distributor sales, promoting diversification of products and customers, improving productivity in product development and utilizing its global human resources.

      Within the business environment described above, the summary of consolidated business results for the three months ended June 30, 2025 is as follows:

      Net sales were 200,180 million yen (decreased by 1.3%, yoy).

      Operating profit was 44,456 million yen (decreased by 15.1%, yoy), mainly caused by the increase in cost ratio and depreciation.

      Ordinary profit was 49,115 million yen (decreased by 28.1%, yoy), mainly due to the increases in foreign exchange losses.

      Profit before income taxes was 49,512 million yen (decreased by 27.3%, yoy) , and profit attributable to owners of parent was 34,641 million yen (decreased by 28.9%, yoy).

   2. Financial position

      Financial position as of the end of the three months of this fiscal year (June 30, 2025) are as follows:

      Total assets were 2,106,539 million yen (a 5,772 million yen or 0.3% increase from the previous fiscal year end), mainly due to a 13,359 million yen increase in cash and deposits, a 6,194 million yen decrease in inventories and a 46,744 million yen increase in property, plant and equipment.

      Total liabilities were 187,816 million yen (a 15,355 million yen or 8.9% increase from the previous fiscal year end), mainly due to a 5,089 million yen increase in trade payables.

      Total net assets were 1,918,722 million yen (a 9,583 million yen or 0.5% decrease from the previous fiscal year end), mainly due to a 10,423 million yen decrease in foreign currency translation adjustment.

   3. Consolidated forecasts and other forward-looking information

   There is no change to the consolidated forecast for the fiscal year 2025, announced in the "Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 [Under Japanese GAAP]" issued on May 14, 2025.

2. Quarterly consolidated financial statements

(Millions of yen)

As of March 31, 2025 As of June 30, 2025

(Millions of yen)