Toyota Boshoku Corporation (3116) Q3 2026 earnings summary

Executive summary

• Operating profit and revenue increased due to higher volumes and new product launches in Japan and the Americas, along with cost reduction efforts, despite headwinds from U.S. tariffs, quality-related costs, and foreign exchange impacts.

• Profitability competitiveness is being strengthened through ongoing profit improvement activities.

• Annual dividend plan maintained at 86 yen, with a focus on long-term stable returns and DOE of 3% or more.

• Profit attributable to owners of the parent grew 1.2% year-over-year to ¥28.6 billion, mainly due to higher production and cost reductions.

Financial highlights

• Revenue for FY26 Q3 increased 4.1% year-over-year to ¥1,506.2 billion.

• Operating profit grew 15.8% year-over-year to ¥60.2 billion, with an operating margin of 4.0%.

• Profit before income taxes rose 18.4% year-over-year to ¥65.4 billion.

• Gross profit for the nine months was ¥157.1 billion, up from ¥150.5 billion year-over-year.

• Earnings per share (basic) increased to ¥160.31 from ¥158.44 year-over-year.

Outlook and guidance

• Full-year revenue forecast is ¥1,980.0 billion, up 1.3% year-over-year.

• Operating profit forecast is ¥75.0 billion, a 76.9% increase year-over-year, with a margin of 3.8%.

• Profit before income taxes expected at ¥80.0 billion, up 69.9% year-over-year.

• Earnings per share forecast is ¥251.97.

• Dividend forecast maintained at 86 yen per share, with a payout ratio of 34.1%.