Exedy First-Half Net Profit Falls to 4.82 Billion Yen
Exedy's first-half net profit fell to 4.82 billion yen from 6.28 billion, and the company forecast 14.00 billion yen for the year to March 2027.
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what happened
According to Dow Jones Newswires, revenue at Exedy Corp. (7278.TO) for the half-year ended September 30, 2026 rose to 148.77 billion yen from 148.15 billion a year earlier.
Profit moved the other way. Operating profit dropped to 9.88 billion yen from 10.81 billion, pretax profit to 8.92 billion from 10.21 billion, and net profit to 4.82 billion from 6.28 billion. Earnings per share came to 133.39 yen against 171.71 yen. The figures follow IFRS accounting standards.
For the year ending March 2027, the company expects operating profit of 24.50 billion yen, pretax profit of 23.00 billion yen and net profit of 14.00 billion yen.
why it matters
This is a routine result from one auto-parts maker, so its reach beyond the company is limited. For investors tracking Japanese industrial stocks, the key point is margins: sales were roughly flat while profit fell, which points to higher costs or weaker profitability.
tags
instruments
sources
- Exedy Corp 1H Net Y4.82B Vs Net Y6.28B — Dow Jones Newswires, 29 October 2026 at 07:01 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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