Shibaura Kikai KK

Latest Results (13.06.2024):

Revenue Growth

Shibaura Kikai KK reported a significant increase in revenue for the fiscal year ended March 31, 2024. The company's net sales reached 160.6 billion yen, surpassing the "Management Reform Plan" target of 135.0 billion yen by 25.6 billion yen. This growth highlights the successful expansion of Shibaura Kikai KK's market presence and operational efficiency.

Profitability Enhancement

For the fiscal year 2023, Shibaura Kikai KK achieved an operating profit ratio of 8.5%, which is an improvement of 0.5 percentage points over the target set in the Management Reform Plan. Additionally, the return on equity (ROE) was significantly higher at 17.8% compared to the planned 8.5%, demonstrating enhanced profitability and effective capital utilization.

Dividend Policy

Shibaura Kikai KK maintained a robust dividend payout ratio of 52.1% for the fiscal year 2023. This figure reflects the company's commitment to returning value to its shareholders while strategically reinvesting in its business operations, including the acquisition of equity interests facilitated by the sale of land related to the MFLP Zama project.

Comparison with Forecast

The financial results for Shibaura Kikai KK in FY2023 fell short of the forecasted figures in some areas. Net sales did not meet the target primarily due to delays in the inspection of LiB separator film production lines for EVs. However, the company saw an improvement in the profit ratio in the metal & plastics industrial machine segment, despite a slight decrease in net profit attributable to owners of the parent.

Year-on-Year Financial Highlights

Shibaura Kikai KK experienced substantial year-on-year growth in both revenue and profits. Net sales increased by 375 million yen from FY2022, and both operating profit and ordinary profit saw considerable rises due to expanded sales activities and strategic operations, including gains from land sales related to the MFLP Zama project.