Tsugami (6101) Q4 2025 earnings summary

Executive summary

• Achieved record revenue of 107.4 billion yen for FY 2025/3, up 28.0% year-over-year, with historic highs in both revenue and profit despite market uncertainties, especially in China.

• Operating profit rose 78.0% year-over-year to 23.3 billion yen; profit attributable to owners of parent increased 102.8% to 10.9 billion yen.

• Overseas revenue accounted for 92.7% of consolidated revenue, with China as the largest contributor.

Financial highlights

• Revenue for FY 2025/3: 107.4 billion yen (up 28.0% YoY); operating profit: 23.3 billion yen (up 78.0% YoY); profit attributable to owners: 10.9 billion yen (up 102.8% YoY).

• Basic earnings per share reached 231.55 yen, up from 112.57 yen the previous year.

• Total assets increased to 127.3 billion yen as of March 31, 2025, up 9.5 billion yen from the previous year.

• Cash and cash equivalents at year-end were 27.7 billion yen, down from 30.5 billion yen.

• Gross profit increased to 36.4 billion yen from 23.7 billion yen year-over-year.

Outlook and guidance

• FY 2026/3 revenue forecast: 104.0 billion yen (down 3.2% YoY); operating profit: 19.5 billion yen (down 16.3% YoY); profit attributable to owners: 8.6 billion yen (down 21.1% YoY).

• Basic earnings per share forecast for FY 2026/3: 183.78 yen.

• Annual dividend forecast for FY 2026/3: 64 yen per share.