kabutan

Tensho Electric Industries, Net Income Forecast for the Fiscal Year Revised Downward by 50%

Wed Nov 12, 2025 4:00 pm JST Earnings

6776 Tensho Electric Industries Co., Ltd. 【J-GAAP】

Earnings Report

Tensho Electric Industries Co., Ltd. <6776> [TSE Std] announced its financial results after the market closed on November 12th (16:00). The consolidated net income/loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a loss of 0.07 billion yen (compared to a profit of 0.17 billion yen in the same period last year), reversing from the forecast of a 0.10 billion yen to a loss.

In addition, the full-year forecast for consolidated net income has decreased 50.0%, from the previous forecast of 0.40 billion yen to 0.20 billion yen (compared to 1.26 billion yen in the previous period), leading to an increase in the profit decline rate from 68.4% to 84.2%.

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 significant drop 74.8% from the same period last year to 0.27 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net income/loss turned to a loss of 0.29 billion yen (compared to a profit of 0.01 billion yen in the same period last year). However, the operating profit margin remained almost flat, changing from 2.0% in the same period last year to 2.2%.

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 12,842 502 726 566 33.3 54.9 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 13,667 291 309 174 10.3 28.6 Nov 14, 2024 J-GAAP
Apr - Sep, 2025 10,391 182 261 -75 -4.4 43.5 Nov 12, 2025 J-GAAP
YoY -24.0% -37.5% -15.5%

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 10,500 150 150 100 5.9 0 May 15, 2025 J-GAAP
Apr - Sep, 2025 Results 10,391 182 261 -75 -4.4 0 Nov 12, 2025 J-GAAP
Revision Rate -1.0% +21.3% +74.0%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 22,000 600 600 400 23.5 5 May 15, 2025 J-GAAP
Mar, 2026 New 22,000 600 600 200 11.8 5 Nov 12, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% -50.0% -50.0%

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 14,218 623 770 1,090 64.1 5 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 11,609 418 339 275 16.2 5 Nov 12, 2025 J-GAAP
YoY -18.3% -32.9% -56.0% -74.8% -74.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 26,905 1,062 1,322 948 55.8 5 May 15, 2024 J-GAAP
Mar, 2025 27,885 914 1,079 1,264 74.3 5 May 15, 2025 J-GAAP
Mar, 2026 Guidance 22,000 600 600 200 11.8 5 Nov 12, 2025 J-GAAP
YoY -21.1% -34.4% -44.4% -84.2% -84.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 7,224 141 50 12 0.7 2.0 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 7,269 308 460 272 16.0 4.2 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 6,949 315 310 818 48.1 4.5 May 15, 2025 J-GAAP
Apr - Jun, 2025 4,989 64 145 221 13.0 1.3 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 5,402 118 116 -296 -17.4 2.2 Nov 12, 2025 J-GAAP
YoY -25.2% -16.3% +132.0%

Related Articles