Toyota Tsusho (8015) Q1 2027 earnings summary

Executive summary

• Revenue rose 37.6% year-over-year to ¥3,570.1 billion for the quarter ended June 30, 2026, driven by higher resource and memory-related market prices.

• Operating profit increased 45.6% year-over-year to ¥184.4 billion, with profit attributable to owners up 37.5% to ¥135.3 billion.

• Comprehensive income attributable to owners reached ¥158.5 billion, up from ¥108.7 billion a year earlier.

Financial highlights

• Gross profit grew to ¥376.1 billion from ¥280.3 billion year-over-year.

• Basic earnings per share increased to ¥130.55 from ¥93.16 year-over-year.

• Total assets decreased to ¥8,403.9 billion from ¥8,523.7 billion at March 31, 2026.

• Equity attributable to owners fell to ¥2,587.5 billion, mainly due to treasury share cancellation.

• Net cash from operating activities was negative ¥54.2 billion, with a significant outflow from financing activities due to treasury share buybacks.

Outlook and guidance

• Full-year profit attributable to owners forecast revised upward by 7.5% to ¥430 billion, reflecting Q1 results and a weaker yen assumption.

• Basic EPS forecast for the year is ¥458.58.

• Dividend forecast raised to ¥125 per share for the year ending March 31, 2027.