Totetsu Kogyo (1835) Q1 2027 earnings summary

Executive summary

• Orders received rose to ¥30,340 million, up ¥4,748 million year-over-year, driven by steady progress in construction and increased sales in incidental businesses.

• Net sales increased 1.4% year-over-year to ¥29,647 million, while profit attributable to owners of parent declined 3.3% to ¥1,667 million.

• Gross profit improved to ¥4,875 million, but operating profit and ordinary profit decreased by 9.1% and 4.2% year-over-year, respectively.

Financial highlights

• Net sales: ¥29,647 million (up 1.4% year-over-year).

• Operating profit: ¥2,125 million (down 9.1% year-over-year).

• Ordinary profit: ¥2,527 million (down 4.2% year-over-year).

• Profit attributable to owners of parent: ¥1,667 million (down 3.3% year-over-year).

• Basic EPS: ¥48.41 (vs. ¥50.05 last year).

• Comprehensive income dropped 59.1% year-over-year to ¥1,002 million.

Outlook and guidance

• Full-year forecast remains unchanged: net sales ¥167,000 million (+2.4%), operating profit ¥18,000 million (+2.3%), profit attributable to owners of parent ¥13,000 million (+1.2%), EPS ¥377.48.

• Dividend forecast for FY2027 is ¥152.00 per share, up from ¥150.00 in FY2026.