Financials Shibaura Mechatronics Corporation

Stocks

6590

JP3355000005

Semiconductor Equipment & Testing

Market Closed - Japan Exchange 06:30:00 06/11/2026 GMT			5-day change	1st Jan Change
2,360.00 ^JPY	+1.07%		-24.84%	-37.70%

09-28	SBI Securities Starts Shibaura Mechatronics at Buy with 6,900 Yen Price Target	MT
08-19	Jefferies Adjusts Shibaura Mechatronics to 6,500 Yen From 6,200 Yen, Keeps at Buy	MT

Projected Income Statement: Shibaura Mechatronics Corporation

Projected Income Statement - Annual - Shibaura Mechatronics Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net sales ¹	49,272	61,001	67,556	80,915	88,039	113,750	128,482	150,428
Change	-	23.8%	10.75%	19.77%	8.8%	29.2%	12.95%	17.08%
EBITDA ¹	6,942	12,734	-	16,806	18,588	28,717	36,116	48,837
Change	-	83.43%	-	-	10.6%	54.49%	25.77%	35.22%
EBIT ¹	5,050	10,906	11,687	14,135	15,262	20,966	27,157	36,366
Change	-	115.96%	7.16%	20.95%	7.97%	37.37%	29.53%	33.91%
Interest Paid ¹	-90	-77	-73	-87	-117	-130	-130	-130
Earnings before Tax (EBT) ¹	4,264	10,514	11,611	13,977	14,900	24,645	31,212	43,181
Change	-	146.58%	10.43%	20.38%	6.6%	65.4%	26.65%	38.35%
Net income ¹	2,983	9,198	8,793	10,328	11,173	15,982	19,939	26,532
Change	-	208.35%	-4.4%	17.46%	8.18%	43.05%	24.76%	33.07%
Announcement Date	12/05/22	11/05/23	09/05/24	14/05/25	13/05/26	-	-	-

¹JPY in Million

Estimates

Projected Income Statement - Quarterly - Shibaura Mechatronics Corporation

Fiscal Period: March	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2	2028 Q3	2028 Q4
Net sales ¹	10,100	11,816	11,753	15,603	13,821	15,435	16,201	15,544	14,254	16,257	17,388	19,657	17,129	19,262	20,163	24,361	21,512	20,765	23,886	21,876	20,013	28,595	26,840	30,478	29,683	34,306	24,182	46,555
Change	-	16.99%	-0.53%	32.76%	-11.42%	11.68%	4.96%	-4.06%	-8.3%	14.05%	6.96%	13.05%	-12.86%	12.45%	4.68%	20.82%	-11.69%	-3.47%	15.03%	-8.41%	-8.52%	42.88%	-6.14%	13.55%	-2.61%	15.57%	-29.51%	92.52%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	657	1,189	1,127	2,077	2,120	2,479	3,717	2,590	2,129	2,887	3,088	3,583	3,069	2,679	3,548	4,839	4,064	3,508	4,754	2,936	2,850	5,765	4,870	6,189	6,565	8,290	3,975	12,442
Change	-	80.97%	-5.21%	84.29%	2.07%	16.93%	49.94%	-30.32%	-17.8%	35.6%	6.96%	16.03%	-14.35%	-12.71%	32.44%	36.39%	-16.02%	-13.68%	35.52%	-38.24%	-2.93%	102.29%	-15.53%	27.08%	6.08%	26.28%	-52.05%	213.01%
Charge d'intérêts	-23	-	-21	-	-21	-	-18	-	-17	-	-18	-	-19	-20	-22	-26	-27	-28	-29	-33	-35	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-4	-	1,084	2,047	1,912	2,346	3,524	2,732	2,209	2,824	2,966	3,612	3,135	2,415	3,630	4,797	4,074	3,295	4,733	2,798	2,921	8,481	6,869	6,175	6,550	8,275	3,960	12,427
Change	-	-	-	88.84%	-6.6%	22.7%	50.21%	-22.47%	-19.14%	27.84%	5.03%	21.78%	-13.21%	-22.97%	50.31%	32.15%	-15.07%	-19.12%	43.64%	-40.88%	4.4%	190.35%	-19.01%	-10.1%	6.07%	26.34%	-52.15%	213.81%
Net income ¹	-192	943	772	1,460	1,675	1,739	2,725	3,059	1,794	2,080	2,176	2,743	2,288	1,811	2,849	3,380	2,874	2,443	3,536	2,320	1,938	4,688	3,800	4,570	4,847	6,124	2,930	9,196
Change	-	591.15%	-18.13%	89.12%	14.73%	3.82%	56.7%	12.26%	-41.35%	15.94%	4.62%	26.06%	-16.59%	-20.85%	57.32%	18.64%	-14.97%	-15%	44.74%	-34.39%	-16.47%	141.9%	-18.94%	20.26%	6.06%	26.35%	-52.16%	213.86%
Announcement Date	04/08/21	05/11/21	03/02/22	12/05/22	04/08/22	09/11/22	08/02/23	11/05/23	03/08/23	09/11/23	08/02/24	09/05/24	08/08/24	07/11/24	06/02/25	14/05/25	06/08/25	06/11/25	05/02/26	13/05/26	06/08/26	-	-	-	-	-	-	-

¹JPY in Million

Estimates

Projected Income Statement - Halfyear - Shibaura Mechatronics Corporation

Fiscal Period: March	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2	2026 S1	2026 S2	2027 S1	2027 S2	2028 S1	2028 S2
Net sales ¹	27,356	29,256	31,745	30,511	37,045	36,391	44,524	42,277	45,762	43,216	61,004	59,560	61,660
Change	-	6.95%	8.51%	-3.89%	21.42%	-1.77%	22.35%	-5.05%	8.24%	-5.56%	41.16%	-2.37%	3.53%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	3,204	4,599	6,307	5,016	6,671	5,748	8,387	7,572	7,690	6,144	11,890	12,000	12,200
Change	-	43.54%	37.14%	-20.47%	32.99%	-13.84%	45.91%	-9.72%	1.56%	-20.1%	93.52%	0.93%	1.67%
Charge d'intérêts	-	-41	-	-35	-	-39	-	-55	-	-75	-	-	-
Earnings before Tax (EBT)	3,131	4,258	6,256	5,033	6,578	5,550	8,427	7,369	7,531	6,225	-	-	-
Change	-	35.99%	46.92%	-19.55%	30.7%	-15.63%	51.84%	-12.55%	2.2%	-17.34%	-	-	-
Net income ¹	2,232	3,414	5,784	3,874	4,919	4,099	9,878	5,317	5,856	4,275	8,982	-	-
Change	-	52.96%	69.42%	-33.02%	26.97%	-16.67%	140.99%	-46.17%	10.14%	-27%	110.11%	-	-
Announcement Date	12/05/22	09/11/22	11/05/23	09/11/23	09/05/24	07/11/24	14/05/25	06/11/25	13/05/26	05/11/26	-	-	-

¹JPY in Million

Estimates

Forecast Balance Sheet: Shibaura Mechatronics Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net Debt	-16,115	-18,389	-18,453	-19,742	-12,690	-	-	-
Change	-	-14.11%	-0.35%	-6.99%	35.72%	-	-	-
Announcement Date	12/05/22	11/05/23	09/05/24	14/05/25	13/05/26	-	-	-

Estimates

Cash Flow Forecast: Shibaura Mechatronics Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
CAPEX ¹	2,229	2,739	5,327	2,915	10,964	9,262	10,424	11,438
Change	-	22.88%	94.49%	-45.28%	276.12%	-15.52%	12.55%	9.73%
Free Cash Flow (FCF) ¹	7,790	1,833	660	4,073	-2,606	2,475	11,010	16,114
Change	-	-76.47%	-63.99%	517.12%	-163.98%	194.97%	344.85%	46.36%
Announcement Date	12/05/22	11/05/23	09/05/24	14/05/25	13/05/26	-	-	-

¹JPY in Million

Estimates

Forecast Financial Ratios: Shibaura Mechatronics Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Profitability
EBITDA Margin (%)	14.09%	20.88%	-	20.77%	21.11%	25.25%	28.11%	32.47%
EBIT Margin (%)	10.25%	17.88%	17.3%	17.47%	17.34%	18.43%	21.14%	24.17%
EBT Margin (%)	8.65%	17.24%	17.19%	17.27%	16.92%	21.67%	24.29%	28.71%
Net margin (%)	6.05%	15.08%	13.02%	12.76%	12.69%	14.05%	15.52%	17.64%
FCF margin (%)	15.81%	3%	0.98%	5.03%	-2.96%	2.18%	8.57%	10.71%
FCF / Net Income (%)	261.15%	19.93%	7.51%	39.44%	-23.32%	15.49%	55.22%	60.73%
Profitability
ROA	7.67%	13.95%	13.41%	14.99%	15.19%	15.3%	17%	19.8%
ROE	12.8%	31.9%	24.5%	24%	21.7%	25.9%	27%	29.5%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	4.52%	4.49%	7.89%	3.6%	12.45%	8.14%	8.11%	7.6%
CAPEX / EBITDA (%)	32.11%	21.51%	-	17.34%	58.98%	32.25%	28.86%	23.42%
CAPEX / FCF (%)	28.61%	149.43%	807.12%	71.57%	-420.72%	374.22%	94.68%	70.98%
Items per share
Cash flow per share ¹	73.58	166.3	171.4	198.3	221	179	327	420
Change	-	126.04%	3.08%	15.66%	11.44%	-18.99%	82.68%	28.44%
Dividend per Share ¹	15.33	37.33	40	55.6	60	92	119	222
Change	-	143.48%	7.14%	39%	7.91%	53.33%	29.35%	86.55%
Book Value Per Share ¹	371.4	497.8	591.2	721.6	847	1,063	1,305	1,652
Change	-	34.01%	18.76%	22.06%	17.38%	25.51%	22.77%	26.59%
EPS ¹	45.03	138.8	133.3	157.6	170.3	233.5	303.8	404.2
Change	-	208.16%	-3.96%	18.23%	8.08%	37.15%	30.07%	33.08%
Nbr of stocks (in thousands)	66,268	66,310	65,736	65,577	65,640	65,639	65,639	65,639
Announcement Date	12/05/22	11/05/23	09/05/24	14/05/25	13/05/26	-	-	-