Tomen Devices (2737) Q4 2025 earnings summary

Executive summary

• Achieved the second highest net sales and profit ever, surpassing medium-term management plan targets for ROE and profit.

• Net sales rose 13.8% year-over-year to ¥421,671 million, driven by strong demand for memory products in servers, storage, and automotive applications, as well as higher memory prices in Q2.

• Net profit surged 166.6% year-over-year, with strong performance in memory and display segments, especially for automotive and server applications.

• Operating profit increased 7.3% to ¥10,169 million, ordinary profit climbed 18.9% to ¥7,377 million, and comprehensive income reached ¥5,473 million.

Financial highlights

• Net sales: ¥421,671 million, up 13.8% year-over-year.

• Operating profit: ¥10,169 million, up 7.3% year-over-year.

• Ordinary profit: ¥7,377 million, up 18.9% year-over-year.

• Net profit: ¥5,588 million, up 166.6% year-over-year.

• Earnings per share: ¥821.69, up 166.6% year-over-year.

Outlook and guidance

• FY2025 forecast: Net sales ¥400,000 million (-5%), net profit ¥4,800 million (-14%), ROE 9.4%.

• For the year ending March 31, 2026, operating profit is forecast at ¥8,800 million, ordinary profit at ¥6,500 million, and dividend per share at ¥260.

• Profit expected to be sluggish in 1H FY2025 due to U.S. trade policy, with recovery anticipated in 2H.

• Medium-term plan targets: Net sales ¥500 billion, net profit ¥6 billion, ROE 10% stably.