Shima Seiki swings to FY26 Q1 operating loss of JPY 847 million; net sales fall 27.3% to JPY 7.65 billion

Reuters2026/08/21 01:56

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Shima Seiki posted FY2026 Q1 net sales of JPY 7.65 billion, down 27.3% year on year.
Operating results swung to an operating loss of JPY 847 million from operating income a year earlier.
Net loss attributable to owners was JPY 588 million, turning from a profit in the prior-year quarter.
Flat knitting machine sales rose 34% to JPY 5.32 billion, while Design System sales fell 20.4% to JPY 558 million.
It kept its FY2026 outlook for net sales at JPY 41 billion, operating income at JPY 300 million, net income at JPY 900 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shima Seiki Mfg Ltd. published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Shima Seiki swings to FY26 Q1 operating loss of JPY 847 million; net sales fall 27.3% to JPY 7.65 billion

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