Tomen Devices (2737) Q1 2026 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2025, were ¥102,386 million, down 0.5% year-over-year, impacted by yen appreciation and exchange rate fluctuations.

• Operating profit declined 44.0% year-over-year to ¥1,846 million, and ordinary profit fell 17.5% to ¥1,709 million.

• Profit attributable to owners of parent was ¥1,270 million, down 17.5% year-over-year.

• Comprehensive income dropped sharply to ¥396 million from ¥3,020 million a year earlier, mainly due to foreign currency translation adjustments.

Financial highlights

• Gross profit for the quarter was ¥2,833 million, down from ¥4,285 million year-over-year.

• Basic earnings per share for the quarter were ¥186.76, compared to ¥226.42 in the prior year.

• Total assets increased to ¥158,742 million, up 39.3% from the previous fiscal year-end.

• Net assets decreased to ¥47,978 million, down 3.3% from the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast is ¥400,000 million, down 5.1% year-over-year.

• Operating profit for the full year is projected at ¥8,800 million (down 13.5%), ordinary profit at ¥6,500 million (down 11.9%), and profit attributable to owners of parent at ¥4,800 million (down 14.1%).

• No changes to previously announced full-year forecasts.