TEIJIN LIMITED, Net Income Forecast for the Fiscal Year Revised Downward to a Loss

TEIJIN LIMITED <3401> [TSE Prime] announced its financial results (based on IFRS) at noon (12:00) on November 5th. The consolidated net loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded to a loss of 54.8 billion yen (compared to a loss of 53.3 billion yen in the same period last year).

In addition, the full-year forecast for consolidated net income/loss has been revised downward from an expected profit of 12.0 billion yen to a loss of 10.0 billion yen (compared to a profit of 28.3 billion yen in the previous period), turning to a loss outlook.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to drop 45.1% from the same period last year to 44.8 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net loss improved to a deficit of 54.0 billion yen (compared to a loss of 57.8 billion yen in the same period last year). However, the operating profit/loss margin drastically worsened from -22.1% in the same period last year to -27.1%.

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