Totetsu Kogyo (1835) Q4 2026 earnings summary

Executive summary

• Net sales rose 1.9% year-over-year to ¥163,018 million, with operating profit up 13.4% to ¥17,601 million and profit attributable to owners of parent up 11.1% to ¥12,845 million.

• Comprehensive income increased 45.5% year-over-year to ¥18,531 million.

• Orders received declined 2.7% year-over-year to ¥145,360 million, but gross profit improved by ¥3,413 million.

• The company advanced its five-year Medium-term Management Plan, focusing on safety, productivity, human resources, and ESG initiatives.

Financial highlights

• Operating profit margin improved to 10.8% from 9.7% year-over-year.

• ROE was 10.2%, and the equity-to-asset ratio was 65.1% at fiscal year-end.

• Cash and cash equivalents increased to ¥20,574 million, up ¥4,860 million from the previous year.

• Dividend payout ratio remained stable at 40.2%, with annual dividends per share rising to ¥150.

Outlook and guidance

• FY2027 consolidated net sales forecasted at ¥167,000 million (+2.4%), operating profit at ¥18,000 million (+2.3%), and profit attributable to owners of parent at ¥13,000 million (+1.2%).

• Annual dividend forecast for FY2027 is ¥152 per share.

• The company expects continued growth in government and non-residential construction investment, with opportunities in safety, disaster prevention, and infrastructure life extension.