Johnson Electric (179) Announces Third Quarter FY25/26 Business Update

Bulletin Express01-22

Johnson Electric (179) reported sales of US$2,726 million for the nine months ended 31 December 2025, a slight decrease from US$2,730 million in the prior year. Currency shifts contributed a favorable US$40 million to the Group’s nine-month sales performance.

Sales from the Automotive Products Group reached US$2,301 million, reflecting a 1% decline year-on-year. Excluding currency effects, the division’s sales decreased by 2%. Across regions, Asia-Pacific saw a 6% drop, EMEA declined by 1%, and the Americas improved by 1%. Contributing factors included pricing adjustments in Asia to maintain competitiveness, weaker demand for selected non-domestic car brands, and growth in domestic brand sales.

The Industry Products Group achieved US$425 million in sales, up 2% year-on-year. Factoring out currency impacts, sales rose by 1%. Regionally, performance was mixed: Asia-Pacific edged down by 1%, EMEA grew by 6%, and the Americas diminished by 2%. The results reflected varying dynamics in different end markets, including shifts in customer demand and ongoing product introductions.

Management signaled that sales for the full financial year are expected to remain broadly in line with the previous year under current trading conditions. Given that the figures presented are taken from unaudited records, shareholders and investors are advised to exercise caution when evaluating the information.

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