TOYOKOH (341A) Q1 2026 earnings summary

Executive summary

• Achieved 23% of full-year sales forecast in Q1 FY2026/3, with strong growth in both SOSEI and CoolLaser businesses.

• Net sales for the first quarter were 685 million yen, with operating profit at 145 million yen and net income at 122 million yen, reflecting strong demand in both SOSEI and CoolLaser businesses.

• SOSEI's growth rate in Q1 exceeded the full-year forecast, and CoolLaser delivered two devices, with 12 planned for the year.

• SOSEI business saw increased sales from upgrades in domestic manufacturing and repeat orders; CoolLaser delivered new products to major construction clients.

• Gross profit margins for both segments remained near 40%, above industry averages.

Financial highlights

• Q1 FY2026/3 sales reached 685 million yen, up 66.4% year-over-year.

• Operating profit for Q1 was 145 million yen, a 304% increase compared to the same period last year.

• Gross profit for the quarter was 295.9 million yen, with gross margin of approximately 43%.

• Basic earnings per share for the quarter was 9.12 yen; diluted EPS was 8.67 yen.

• SOSEI contributed 488 million yen in sales (71.2% of total), CoolLaser 197 million yen (28.8%).

Outlook and guidance

• Full-year forecast for fiscal year ending March 2026: revenue 3,000 million yen, operating profit 580 million yen, net income 480 million yen, basic EPS 35.47 yen.

• SOSEI's continued growth is expected to underpin CoolLaser's high growth trajectory.

• 12 CoolLaser devices are planned for delivery in FY2026/3, with order backlogs rising for both businesses.

• Expansion of production base and overseas sales channels underway, with public works and decontamination fields targeted for long-term growth.

• No changes to previously announced forecasts as of May 14, 2025.