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Pegasus Sewing Machine Swings to Loss Amid Revenue Decline

A sharp contraction in revenue pushed Pegasus Sewing Machine Mfg. Co. into the red for the half-year period ending September 30, with the company reporting a net loss of 225 million yen. This marks a significant reversal from the 414 million yen profit recorded during the same period in 2025.

Pegasus Sewing Machine Swings to Loss Amid Revenue Decline

The Japanese manufacturer saw its revenue slide to 9.88 billion yen, down from 11.41 billion yen a year earlier. Operating profit also faced substantial pressure, plummeting to 79 million yen from 669 million yen. Pretax figures mirrored this downward trend, shifting from a 662 million yen profit to a 64 million yen loss.

Underlying these results, earnings per share dropped to a loss of 9.43 yen, compared to the 16.70 yen profit reported in the previous year. These financial statements were prepared in accordance with Japanese accounting standards.

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