Tsugami (6101) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2025, reached ¥94,137 million, up 25.7% year-over-year, with operating profit at ¥25,554 million, up 62.8% year-over-year, and profit attributable to owners at ¥11,913 million, up 53.4% year-over-year, marking record highs for the period.

• Performance was driven by strong results in China and India, offsetting declines in Japan and South Korea.

Financial highlights

• Gross profit rose to ¥34,824 million from ¥25,628 million year-over-year.

• Basic earnings per share increased to ¥256.45 from ¥164.69 year-over-year.

• Total assets grew to ¥144,654 million from ¥127,306 million at the previous fiscal year-end.

• Cash and cash equivalents increased by ¥11,849 million to ¥39,578 million.

Outlook and guidance

• Full-year revenue forecast for March 31, 2026, is ¥115,000 million, up 7.1% year-over-year, with operating profit projected at ¥27,000 million, up 15.8% year-over-year.

• Profit attributable to owners is forecast at ¥12,500 million, up 14.7% year-over-year, with annual dividend guidance maintained at ¥72 per share.