Tsubakimoto Kogyo (8052) Q2 2026 earnings summary

Executive summary

• First-half net sales set a record at ¥64,826 million, up 14.5% YoY, as prior-year backlog converted largely on schedule; operating profit rose 23.7% to ¥3,175 million.

• Full-year guidance was maintained at ¥125,000 million in net sales and ¥6,350 million in operating profit.

Financial highlights

• Ordinary profit increased 23.0% to ¥3,438 million; profit attributable to owners of parent rose 22.4% to ¥2,312 million.

• Gross profit was ¥9,909 million versus ¥8,843 million YoY; SG&A rose to ¥6,733 million from ¥6,276 million.

• Basic EPS was ¥125.91 versus ¥100.49 YoY; comprehensive income increased to ¥4,097 million from ¥2,368 million.

• Extraordinary income included a ¥244 million gain on securities sales; extraordinary losses totaled ¥228 million.

Outlook and guidance

• FY2026 forecast: net sales ¥125,000 million, operating profit ¥6,350 million, ordinary profit ¥6,900 million and attributable profit ¥4,850 million; no revisions were made.

• Proactive sales and order-taking efforts continue amid unstable international conditions and an uncertain outlook.

• Revenue from large China polarization-panel facility orders will be recognized as construction progresses; capex delays or cancellations will be monitored.