Taikisha (1979) Q3 2026 earnings summary

Executive summary

• Orders received for FY2025 are expected to fall below previous forecasts due to delayed project timing in the Green Technology System Division.

• Net sales remain unchanged from previous forecasts, but profits are expected to exceed prior projections across all items.

• Sales for the nine months ended December 31, 2025, rose 9.5% year-over-year to ¥202,229 million, with operating income up 54.4% to ¥15,329 million and profit attributable to owners of parent up 35.5% to ¥11,089 million.

• Comprehensive income increased 104.6% year-over-year to ¥15,701 million.

• A 2-for-1 stock split was conducted on April 1, 2025, impacting per-share figures and dividend forecasts.

Financial highlights

• 1-3Q FY2025 orders received: JPY 232.7 bn (+11.3% QoQ); net sales: JPY 202.2 bn (+9.5% QoQ).

• Ordinary income for 1-3Q FY2025: JPY 16.5 bn (+45.2% QoQ); profit attributable to owners: JPY 11.0 bn (+35.5% QoQ).

• Gross profit margin improved to 18.8% in 1-3Q FY2025 from 15.1% in 1-3Q FY2024.

• EPS for 1-3Q FY2025: 173.82 yen, up from 125.66 yen in the prior year.

• Total assets as of December 31, 2025, were ¥281,833 million, up from ¥268,448 million at March 31, 2025.

Outlook and guidance

• FY2025 new forecast: orders received JPY 336.5 bn (down JPY 10 bn from previous), net sales JPY 286.7 bn (unchanged), operating income JPY 21.3 bn (+2.3 bn), ordinary income JPY 23.0 bn (+3.0 bn), profit attributable to owners JPY 14.4 bn (+0.9 bn).

• Full-year sales forecast for FY ending March 31, 2026, is ¥286,700 million, up 3.8% year-over-year.

• EPS forecast for the full year is ¥225.70.

• Annual dividend forecast is ¥94.00 per share post-share split.

• FY2025 ROE forecast at 9.5%, up from 7.6% in FY2024.