Results Snapshot
Figures in Million
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
59,557.88
55,645.94
55,796.46
71,527.32
57,087.91
37,034.04
37,487.75
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
59,557.88
55,645.94
55,796.46
71,527.32
57,087.91
37,034.04
37,487.75
Raw Material Cost
43,214.13
42,418.72
42,746.21
48,063.63
36,975.65
26,758.62
27,611.69
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
259.61
224.48
177.07
166.98
138.18
106.29
113.17
Selling and Distribution Expenses
9,826.08
9,443.93
9,312.06
9,964.78
8,359.81
6,965.29
7,875.52
Other Expenses
369.04
355.18
343.65
310.71
287.45
233.79
208.26
Total Expenditure (Excl Depreciation)
56,990.23
55,638.94
55,671.88
61,302.51
48,348.19
36,168.12
37,683.01
Operating Profit (PBDIT) excl Other Income
2567.6
7
124.60000000000001
10224.8
8739.7
865.9000000000001
-195.3
Other Income
752.21
6,187.08
605.73
638.33
483.24
766.07
628.23
Operating Profit (PBDIT)
10,681.14
14,217.35
11,092.86
20,437.86
17,477.65
9,021.45
8,101.32
Interest
259.61
224.48
177.07
166.98
138.18
106.29
113.17
Exceptional Items
-766.68
-1,189.18
-28,159.32
-501.54
-73.21
-506.35
-394.81
Gross Profit (PBDT)
16,343.75
13,227.22
13,050.25
23,463.69
20,112.26
10,275.42
9,876.06
Depreciation
7,361.29
8,023.27
10,362.55
9,574.72
8,254.68
7,389.45
7,730.48
Profit Before Tax
2,293.57
4,780.41
-27,606.08
10,194.62
9,011.58
1,019.34
-137.14
Tax
684.67
1,306.87
-2,799.08
2,598.69
2,294.53
465.71
752.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
1,608.89
3,473.54
-24,807.00
7,595.93
6,643.89
662.49
-1,095.31
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
1,608.89
3,473.54
-24,807.00
7,595.93
6,643.89
662.49
-1,095.31
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
73.15
-108.86
206.17
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
1,608.89
3,473.54
-24,807.00
7,595.93
6,717.05
553.63
-889.14
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
80,390.80
78,943.07
79,401.66
1,03,955.66
98,856.30
1,02,888.99
97,253.65
Earnings per share (EPS)
16.99
36.57
-261.0
79.67
69.02
6.88
-11.38
Diluted Earnings per share
16.99
36.57
-261.0
79.67
69.02
6.88
-11.38
Operating Profit Margin (Excl OI)
4.31%
0.01%
0.22%
14.29%
15.31%
2.34%
-0.69%
Gross Profit Margin
16.21%
23.01%
-30.9%
27.64%
30.25%
22.71%
20.26%
PAT Margin
2.7%
6.24%
-44.46%
10.62%
11.64%
1.79%
-2.92%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 7.03% vs -0.27% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is -53.68% vs 114.00% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 23.64% vs -23.43% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 15.63% vs 26.76% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of Harmonic Drive Systems, Inc. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
59,557.88
3,07,912.00
-2,48,354.12
-80.66%
Other Operating Income
0.00
0.00
0.00
Total Operating income
59,557.88
3,07,912.00
-2,48,354.12
-80.66%
Raw Material Cost
43,214.13
2,14,131.00
-1,70,916.87
-79.82%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
259.61
864.00
-604.39
-69.95%
Selling and Distribution Expenses
9,826.08
59,327.00
-49,500.92
-83.44%
Other Expenses
369.04
1,177.30
-808.26
-68.65%
Total Expenditure (Excl Depreciation)
56,990.23
2,86,095.00
-2,29,104.77
-80.08%
Operating Profit (PBDIT) excl Other Income
2,567.64
21,817.00
-19,249.36
-88.23%
Other Income
752.21
849.00
-96.79
-11.40%
Operating Profit (PBDIT)
10,681.14
39,924.00
-29,242.86
-73.25%
Interest
259.61
864.00
-604.39
-69.95%
Exceptional Items
-766.68
-1,192.00
425.32
35.68%
Gross Profit (PBDT)
16,343.75
93,781.00
-77,437.25
-82.57%
Depreciation
7,361.29
17,258.00
-9,896.71
-57.35%
Profit Before Tax
2,293.57
20,613.00
-18,319.43
-88.87%
Tax
684.67
5,933.00
-5,248.33
-88.46%
Provisions and contingencies
0
0
0.00
Profit After Tax
1,608.89
14,795.00
-13,186.11
-89.13%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
1,608.89
14,795.00
-13,186.11
-89.13%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
929.00
-929.00
-100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
1,608.89
15,724.00
-14,115.11
-89.77%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
80,390.80
2,71,932.00
-1,91,541.20
-70.44%
Earnings per share (EPS)
16.99
131.56
-114.57
-87.09%
Diluted Earnings per share
16.99
131.56
-114.57
-87.09%
Operating Profit Margin (Excl OI)
4.31%
7.09%
0.00
-2.78%
Gross Profit Margin
16.21%
12.30%
0.00
3.91%
PAT Margin
2.70%
4.80%
0.00
-2.10%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 5,955.79 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 7.03% vs -0.27% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 160.89 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is -53.68% vs 114.00% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 992.89 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 23.64% vs -23.43% in Mar 2025
Annual - Interest
Interest 25.96 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 15.63% vs 26.76% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 4.31%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






