Toyo Suisan Kaisha (2875) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 3.6% year-over-year to ¥402,636 million, with operating profit up 6.1% to ¥64,568 million and profit attributable to owners of parent up 5.0% to ¥53,430 million.

• The company implemented cost reductions and aggressive sales activities amid a gradually recovering but uncertain Japanese economy.

• A change in accounting policy for overseas subsidiaries' currency conversion was applied retrospectively, impacting year-on-year comparisons.

Financial highlights

• Ordinary profit increased 4.9% year-over-year to ¥70,812 million.

• Basic earnings per share for the nine months was ¥541.02, up from ¥505.70 in the prior year.

• Comprehensive income rose to ¥67,260 million from ¥61,870 million year-over-year.

• Total assets at December 31, 2025, were ¥629,242 million, up from ¥594,978 million at the previous fiscal year-end.

• Net assets increased to ¥517,397 million, with an equity ratio of 80.2%.

Outlook and guidance

• Full-year FY2026 forecasts remain unchanged: net sales ¥535,000 million (+4.4%), 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%), and EPS ¥668.29.

• No revisions to dividend or results forecasts; year-end dividend forecast is ¥120.00 per share, full-year ¥200.00 per share.