Techno Ryowa Ltd (1965) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2025, rose 22.5% year-over-year to ¥69,884 million, driven by progress on large projects carried over from the previous year.

• Operating income increased 115.3% year-over-year to ¥11,288 million, and net income attributable to shareholders rose 107.8% to ¥8,094 million, aided by productivity gains and gains from the sale of investment securities.

• Orders received decreased 1.3% year-over-year to ¥80,697 million, reflecting a slight decline in new business.

Financial highlights

• Gross profit increased from ¥10,916 million to ¥17,846 million year-over-year.

• Comprehensive income surged to ¥10,375 million from ¥3,202 million year-over-year.

• Total assets grew to ¥89,977 million, and net assets to ¥59,031 million, with an equity ratio of 65.6%.

• EPS for the period was ¥390.68, up from ¥185.14 a year earlier.

Outlook and guidance

• Full-year revenue is forecast at ¥98,500 million, up 17.0% year-over-year.

• Operating income is projected at ¥12,800 million (+32.9%), ordinary income at ¥13,200 million (+32.9%), and net income at ¥9,650 million (+33.0%).

• Annual dividend forecast is ¥108.00 per share, up from ¥100.00 in the prior year.