kabutan

TOYO TEC, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 24%, Exceeded Record Profit Forecast, Dividend Revised Upward by 5 Yen

Thu Oct 30, 2025 3:30 pm JST Earnings

9686 TOYO TEC CO.,LTD. 【J-GAAP】

Earnings Report

TOYO TEC CO.,LTD. <9686> [TSE Std] announced its financial results after the market closed on October 30th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) surged 6.2 times that of the same period last year, reaching 2.10 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 24.4%, from the previous forecast of 2.05 billion yen to 2.55 billion yen (compared to 1.06 billion yen in the previous period), increasing the growth rate from 92.9% to 2.4 times. The company has further increased its previous forecast of record profits for the first time in thirty four years.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop 38.2% from the same period last year to 0.44 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 60 yen to 65 yen (compared to 40 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 3.6 times that of the same period last year, reaching 1.13 billion yen. The operating profit margin drastically improved from 3.6% in the same period last year to 8.9%.

Note: If the earnings forecast is disclosed as a range, the article is based on the midpoint of that range.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 15,312 393 427 218 21.3 40.2 Oct 27, 2023 J-GAAP
Apr - Sep, 2024 16,268 317 340 83 8.1 32.0 Oct 31, 2024 J-GAAP
Apr - Sep, 2025 24,546 2,053 2,103 1,494 143.9 82.5 Oct 30, 2025 J-GAAP
YoY +50.9% +547.6% +518.5% +1,700.0% +1,677.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 30 May 14, 2025 J-GAAP
Apr - Sep, 2025 Results 24,546 2,053 2,103 1,494 143.9 32 Oct 30, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 41,180 2,015 2,050 1,100 105.7 60 May 14, 2025 J-GAAP
Mar, 2026 New 42,000 2,450 2,550 1,600 153.7 65 Oct 30, 2025 J-GAAP
Revision Rate +2.0% +21.6% +24.4% +45.5% +45.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 18,657 732 723 609 59.0 20 May 14, 2025 J-GAAP
Oct - Mar, 2025 Guidance 17,454 397 447 106 10.2 33 Oct 30, 2025 J-GAAP
YoY -6.4% -45.8% -38.2% -82.6% -82.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 31,249 966 1,063 626 61.0 36 May 9, 2024 J-GAAP
Mar, 2025 34,925 1,049 1,063 692 67.1 40 May 14, 2025 J-GAAP
Mar, 2026 Guidance 42,000 2,450 2,550 1,600 153.7 65 Oct 30, 2025 J-GAAP
YoY +20.3% +133.6% +139.9% +131.2% +129.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 8,714 313 314 154 15.0 3.6 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 8,686 256 268 348 33.8 2.9 Jan 30, 2025 J-GAAP
Jan - Mar, 2025 9,971 476 455 261 25.3 4.8 May 14, 2025 J-GAAP
Apr - Jun, 2025 11,727 912 964 694 67.0 7.8 Jul 30, 2025 J-GAAP
Jul - Sep, 2025 12,819 1,141 1,139 800 77.1 8.9 Oct 30, 2025 J-GAAP
YoY +47.1% +264.5% +262.7% +419.5% +412.8%

Related Articles