Takuma Co (6013) Q3 2026 earnings summary

Executive summary

• Orders received reached a record high for Q3 at ¥262,935 million, mainly driven by strong demand for waste treatment and biomass power plants, with significant contributions from after-sales services.

• Net sales increased year-over-year to ¥113,807 million, supported by progress on previously ordered plants and growth in Domestic Environment and Energy and Package Boiler businesses.

• Operating profit rose by ¥793 million to ¥9,502 million, and ordinary profit increased by ¥1,019 million to ¥10,355 million year-over-year.

• Profit attributable to owners of parent grew by ¥1,012 million to ¥8,255 million, aided by higher operating profit and gains on the sale of investment securities.

Financial highlights

• Q3 FY2025 orders received: ¥262.9 billion (+34.4% YoY); net sales: ¥113.8 billion (+7.0% YoY); operating profit: ¥9.5 billion (+9.1% YoY); profit attributable to owners of parent: ¥8.3 billion (+14.0% YoY).

• Ordinary profit: ¥10,355 million (up 10.9% YoY); comprehensive income: ¥11,635 million (up 75.1% YoY).

• Basic EPS rose to ¥110.63 (+20.7% YoY).

• Order backlog at Q3 end: ¥726.9 billion (+27.1% YoY).

Outlook and guidance

• Full-year forecasts for orders received, net sales, and profits were revised upward: orders expected at ¥330.0 billion (+34.0% YoY), net sales at ¥167.0 billion (+10.5% YoY), operating profit at ¥15.2 billion (+12.3% YoY), ordinary profit at ¥16.0 billion (+13.5% YoY), and profit attributable to owners of parent at ¥12.9 billion (+24.1% YoY).

• Annual dividend per share for FY2025 is projected at ¥87, a record high, with a total return ratio of approximately 110%.

• Growth is expected to continue, mainly in the Domestic Environment and Energy Business, with after-sales service as a key driver.