Tsukishima Holdings (6332) Q1 2027 earnings summary

Executive summary

• Net sales and operating profit increased year-over-year, driven by project progress in both Water Environmental and Industrial segments.

• Orders received decreased slightly overall, but the order backlog reached a record high.

• Quarterly profit attributable to owners of parent declined due to lower gains from investment securities sales compared to the previous year.

Financial highlights

• Orders received: ¥43.4 billion, down from ¥44.1 billion year-over-year.

• Net sales: ¥27.2 billion, up from ¥24.8 billion year-over-year.

• Operating profit: ¥500 million, up from ¥200 million year-over-year.

• EBITDA: ¥1.4 billion, up from ¥1.1 billion year-over-year.

• Operating profit margin improved to 1.8% from 0.7% year-over-year.

Outlook and guidance

• Orders received, net sales, and operating profit are forecast to reach record highs for FY2026.

• Full-year orders received forecast: ¥190 billion; net sales: ¥152 billion; operating profit: ¥11 billion.

• Profit attributable to owners of parent expected to decrease due to absence of prior year’s one-time gains.