Takuma Co (6013) Q1 2026 earnings summary

Executive summary

• Q1 FY2025 orders received reached a record JPY 140.6 billion, up 31.4% year-over-year, mainly from major DBO waste treatment and biomass power plant projects and growth in the Domestic Environment and Energy Business.

• Net sales declined by JPY 1.88 billion year-over-year to JPY 30.4 billion, primarily due to lower sales in the Domestic Environment and Energy Business.

• Operating profit dropped by JPY 855 million year-over-year to JPY 1.0 billion, with ordinary profit and profit attributable to owners of parent also declining.

• Despite lower revenue and profit, performance was steady versus initial forecasts, and the full-year outlook remains unchanged.

Financial highlights

• Q1 FY2025 net sales were JPY 30.4 billion, down 5.8% year-over-year; operating profit was JPY 1.0 billion, down 45.8%; profit attributable to owners of parent was JPY 1.0 billion, down 49.0%.

• Order backlog increased 23.4% year-over-year to JPY 687.9 billion.

• Basic EPS for Q1 was 14.20 yen, down 45.9% year-over-year.

• Ordinary profit for Q1 was JPY 1.34 billion, down 39.9% year-over-year.

• Equity-to-asset ratio was 59.9% as of June 30, 2025.

Outlook and guidance

• FY2025 full-year forecast remains unchanged: orders received JPY 250.0 billion (+1.5%), net sales JPY 165.0 billion (+9.2%), operating profit JPY 14.5 billion (+7.1%), profit attributable to owners of parent JPY 11.7 billion (+12.6%).

• Operating margin for FY2025 is projected at 8.8%.

• Dividend per share for FY2025 is expected to be 79 yen, a record high.

• Ordinary profit forecast for FY2025 is JPY 15.0 billion (+6.4%).