TPR Co (6463) Q1 2026 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2025, declined 2.5% year-over-year to ¥43,866 million, mainly due to lower sales in the Faltec Group and an unfavorable product mix.

• Operating profit dropped 19.4% year-over-year to ¥1,539 million, and ordinary profit fell 21.2% to ¥2,482 million.

• Profit attributable to owners of parent decreased 15.5% year-over-year to ¥1,452 million.

• Comprehensive income turned negative at ¥(3,968) million, compared to ¥6,031 million in the prior year, mainly due to foreign currency translation losses.

Financial highlights

• Gross profit for the quarter was ¥9,093 million, down from ¥9,331 million year-over-year.

• Basic earnings per share for the quarter was ¥43.76, down from ¥50.99 in the prior year.

• Total assets as of June 30, 2025, were ¥282,305 million, a decrease of ¥9,473 million from March 31, 2025.

• Net assets decreased by ¥6,786 million to ¥191,849 million, with equity-to-asset ratio at 56.1%.

Outlook and guidance

• Full-year forecast for FY2026 remains unchanged: net sales ¥183,400 million (down 4.7% year-over-year), operating profit ¥9,400 million (down 16.2%), ordinary profit ¥12,900 million (down 18.3%), and profit attributable to owners of parent ¥7,300 million (down 17.7%).

• Basic earnings per share forecast is ¥109.96, or ¥219.92 without the effect of the upcoming stock split.