Topre (5975) Q4 2026 earnings summary

Executive summary

• Net sales reached a record ¥378.8 billion for the year ended March 31, 2026, up 1.4% year-over-year, driven by strong Temp Controlled business despite lower Press business volume in Japan.

• Operating profit declined 2.1% year-over-year to ¥28.0 billion due to unfavorable sales mix and lower material volume in the Press business.

• Ordinary profit surged 30.7% year-over-year to ¥35.8 billion, aided by favorable exchange rates and foreign currency-denominated receivables.

• Net profit attributable to owners rose 31.2% year-over-year to ¥18.6 billion.

• Comprehensive income surged 176.3% year-over-year to ¥30,406 million.

Financial highlights

• Net sales: ¥378.8 billion (up 1.4% year-over-year).

• Operating profit: ¥28.0 billion (down 2.1% year-over-year).

• Ordinary profit: ¥35.8 billion (up 30.7% year-over-year).

• Net profit per share: ¥374.49 (up 34.7% year-over-year).

• Annual dividend: ¥100 per share; share repurchases continued.

Outlook and guidance

• For the year ending March 31, 2027, sales are forecast to rise 3.5% to ¥392.0 billion.

• Operating profit is expected to fall 18.0% to ¥23.0 billion due to adverse sales mix and higher depreciation.

• Net profit forecast at ¥15.0 billion, down 19.2% year-over-year.

• Dividend forecast maintained at ¥100 per share; continued share buybacks planned.

• The business environment is expected to remain uncertain due to industry restructuring, geopolitical risks, and exchange rate volatility.