TS TECH Co. (7313) Q3 2026 earnings summary

Executive summary

• Revenue for the cumulative third quarter of FY2026 was ¥309,968 million, down 8.7% year-over-year due to lower production for major customers and adverse foreign exchange rates.

• Operating income declined 50.3% to ¥5,634 million, mainly from lower revenue and rising expenses, despite cost-cutting efforts.

• Net income attributable to owners of parent fell 42.6% to ¥4,656 million, impacted by foreign exchange and lower sales.

• Comprehensive income rose to ¥20,289 million, driven by gains in other comprehensive income, especially from foreign currency translation.

Financial highlights

• Gross profit decreased to ¥36,551 million from ¥44,594 million year-over-year.

• Basic earnings per share dropped to ¥39.27 from ¥65.94 year-over-year.

• Total assets at quarter-end were ¥425,892 million, down ¥6,474 million from the previous fiscal year-end.

• Equity attributable to owners of parent increased to ¥309,534 million.

• Cash and cash equivalents at period-end were ¥77,446 million, down from ¥111,543 million at the previous year-end.

Outlook and guidance

• Full-year FY2026 revenue forecast remains at ¥420,000 million, with operating income projected at ¥12,000 million and net income at ¥9,500 million.

• No change to previously announced forecasts, reflecting current order trends and foreign exchange assumptions.

• Annual dividend forecast is ¥90 per share.