Techno Ryowa Ltd (1965) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 rose 26.5% year-over-year to ¥20,479 million, driven by progress on large projects carried over from the previous year.

• Operating income increased 235.3% year-over-year to ¥2,340 million, and net income attributable to shareholders rose 176.8% to ¥1,694 million, reflecting higher sales and improved productivity.

• Orders received declined 18.5% year-over-year to ¥33,326 million due to a reactionary drop from last year's large semiconductor and public sector projects.

Financial highlights

• Gross profit increased as sales outpaced cost growth, with operating margin improvement.

• Comprehensive income for the quarter was ¥2,140 million, up 260.3% year-over-year.

• Total assets at quarter-end were ¥78,423 million, with net assets of ¥53,535 million and an equity ratio of 68.3%.

• EPS for the quarter was ¥80.61, up from ¥29.10 a year earlier.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥90,000 million, with operating income projected at ¥10,400 million and net income at ¥7,300 million.

• No revision to previously announced guidance as of May 13, 2025.