Tsubakimoto Chain (6371) investor relations material

Executive summary

• Net sales for FY2026 Q1 rose 30.2% year-over-year to ¥85,050 million, with operating profit up 57.4% to ¥5,163 million.

• Ordinary income increased 60.0% year-over-year, while net income declined 3.1% to ¥4,356 million.

• Orders received rose 29.2% year-over-year to ¥91,422 million.

• Comprehensive income soared to ¥10,677 million from ¥41 million a year earlier, driven by gains in available-for-sale securities and foreign currency translation.

• The Group launched its Mid-Term Management Plan 2030, focusing on profitability, sustainability, and capital cost awareness.

Financial highlights

• Operating margin improved by 0.9pt year-over-year to 6.1%.

• Q1 sales and profit exceeded 20% of full-year forecasts.

• Cash and cash equivalents at period end: ¥78,529 million.

• Basic EPS for Q1: ¥42.20.

• Exchange rates impacted results, with the USD/JPY rate at 159.57 for Q1.

Outlook and guidance

• Full-year FY2026 forecast: net sales expected to rise 18.3% year-over-year to ¥350,000 million, operating income up 18.2% to ¥25,500 million.

• Net income for the year is forecast to decrease 25.9% year-over-year to ¥22,000 million.

• Segment forecasts anticipate sales and operating income growth in all core businesses except "Other."

• No changes to previously announced forecasts.

• EPS for the year forecast at ¥218.17.