Toyo Suisan Kaisha (2875) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, were ¥256,074 million, up 1.1% year-over-year; operating profit was ¥39,772 million, down 0.1%; ordinary profit was ¥43,784 million, down 1.0%; profit attributable to owners of parent was ¥33,325 million, down 0.6%.

• Comprehensive income rose to ¥34,892 million from ¥24,980 million year-over-year.

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

Financial highlights

• Gross profit increased slightly to ¥77,270 million from ¥76,934 million year-over-year.

• Basic earnings per share for the period was ¥335.40, up from ¥331.61 year-over-year.

• Equity ratio improved to 81.6% as of September 30, 2025, from 80.9% at March 31, 2025.

• Cash and cash equivalents at period-end increased by ¥17,404 million (44.2%) to ¥56,786 million.

Outlook and guidance

• Full-year FY2026 forecasts: net sales ¥535,000 million (+4.4% YoY), operating profit ¥80,000 million (+4.6%), ordinary profit ¥87,500 million (+2.7%), profit attributable to owners of parent ¥66,000 million (+3.4%), basic EPS ¥664.25.

• Dividend forecast for FY2026 is unchanged at ¥200 per share.

• Results forecasts have been revised upward based on recent performance trends.