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TERASAKI ELECTRIC, First Half Ordinary Profit Increases by 26%, Jul-Sep Ordinary Profit Increases by 98%
6637 TERASAKI ELECTRIC CO.,LTD. 【J-GAAP】
Earnings ReportTERASAKI ELECTRIC CO.,LTD. <6637> [TSE Std] announced its financial results after the market closed on November 13th (15:45). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 26.3% from the same period last year, reaching 2.83 billion yen. Progress toward the full-year plan of 5.89 billion yen was 48.0%, exceeding the five-year average of 32.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 19.7% from the same period last year to 3.06 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 98.4% from the same period last year, reaching 1.60 billion yen. The operating profit margin improved from 7.1% in the same period last year to 9.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 23,285 | 1,340 | 1,878 | 1,535 | 117.9 | 32.5 | Nov 13, 2023 | J-GAAP |
| Apr - Sep, 2024 | 26,918 | 2,245 | 2,241 | 1,578 | 121.1 | 37.0 | Nov 13, 2024 | J-GAAP |
| Apr - Sep, 2025 | 29,155 | 2,669 | 2,830 | 1,929 | 148.1 | 48.0 | Nov 13, 2025 | J-GAAP |
| YoY | +8.3% | +18.9% | +26.3% | +22.2% | +22.3% |
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 | 30,480 | 2,860 | 2,960 | 2,090 | 160.4 | 20 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 29,155 | 2,669 | 2,830 | 1,929 | 148.1 | 20 | Nov 13, 2025 | J-GAAP |
| Revision Rate | -4.3% | -6.7% | -4.4% | -7.7% | -7.7% |
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 | 29,486 | 3,373 | 3,811 | 2,873 | 220.5 | 30 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 30,215 | 3,031 | 3,060 | 2,231 | 171.2 | 23 | Nov 13, 2025 | J-GAAP |
| YoY | +2.5% | -10.1% | -19.7% | -22.3% | -22.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 52,065 | 4,921 | 5,773 | 4,014 | 308.2 | 36 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 56,404 | 5,618 | 6,052 | 4,451 | 341.7 | 40 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 59,370 | 5,700 | 5,890 | 4,160 | 319.3 | 43 | May 15, 2025 | J-GAAP |
| YoY | +5.3% | +1.5% | -2.7% | -6.5% | -6.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 13,896 | 990 | 810 | 618 | 47.4 | 7.1 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 14,432 | 1,667 | 2,090 | 1,403 | 107.7 | 11.6 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 15,054 | 1,706 | 1,721 | 1,470 | 112.8 | 11.3 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 13,593 | 1,171 | 1,223 | 843 | 64.8 | 8.6 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 15,562 | 1,498 | 1,607 | 1,086 | 83.4 | 9.6 | Nov 13, 2025 | J-GAAP |
| YoY | +12.0% | +51.3% | +98.4% | +75.7% | +75.7% |
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