Toyo Suisan Kaisha (2875) Q1 2026 earnings summary

Executive summary

• Net sales rose 0.8% year-over-year to ¥125,803 million for the quarter ended June 30, 2025, while operating profit declined 7.6% to ¥18,300 million and profit attributable to owners of parent fell 11.4% to ¥15,251 million.

• The company implemented cost reductions and aggressive sales activities amid a competitive environment and economic uncertainty.

Financial highlights

• Gross profit decreased to ¥36,520 million from ¥37,954 million year-over-year.

• Ordinary profit dropped 8.1% year-over-year to ¥20,565 million.

• Basic earnings per share were ¥153.09, down from ¥168.54 in the prior year.

• Comprehensive income fell sharply to ¥10,008 million from ¥29,980 million year-over-year.

• Equity ratio remained strong at 80.9%.

Outlook and guidance

• Full-year net sales forecast is ¥545,000 million (up 6.4% year-over-year), with operating profit projected at ¥76,000 million (down 0.7%) and profit attributable to owners of parent at ¥62,000 million (down 2.9%).

• No changes to previously announced forecasts; results for the first quarter were within expectations.