kabutan

TOYO DENKI SEIZO, First Half Ordinary Profit Revised Downward to an Unexpected 9%Decrease

Tue Jan 13, 2026 3:30 pm JST Earnings

6505 TOYO DENKI SEIZO K.K. 【J-GAAP】

Earnings Report

TOYO DENKI SEIZO K.K. <6505> [TSE Std] announced its financial results after the market closed on January 13th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending May 2026 (June to November) decreased 9.2% from the same period last year to 0.89 billion yen, resulting in a decrease in profits compared to the previous forecast of a 6.4% increase.

Progress toward the full-year plan of 2.50 billion yen was 35.8%, almost the same as the five-year average of 35.6%.

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 December to May period (second half) is expected to nearly flat at 1.60 billion yen, up 0.4% from the same period last year.

In the most recent three-month period, from September to November (2Q), the consolidated ordinary profit significantly dropped to 0.36 billion yen, a 57.1% decrease compared to the same period last year. The operating profit margin drastically worsened from 6.8% in the same period last year to 3.2%.

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
Jun - Nov, 2023 14,817 187 556 318 33.8 37.4 Jan 11, 2024 J-GAAP
Jun - Nov, 2024 19,015 762 987 800 86.2 38.2 Jan 14, 2025 J-GAAP
Jun - Nov, 2025 18,179 677 896 865 95.8 35.8 Jan 13, 2026 J-GAAP
YoY -4.4% -11.2% -9.2% +8.1% +11.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jun - Nov, 2025 Guidance 19,000 900 1,050 750 83.4 0 Jul 14, 2025 J-GAAP
Jun - Nov, 2025 Results 18,179 677 896 865 95.8 0 Jan 13, 2026 J-GAAP
Revision Rate -4.3% -24.8% -14.7% +15.3% +14.8%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec - May, 2024 21,524 1,622 1,597 1,328 144.3 70 Jul 14, 2025 J-GAAP
Dec - May, 2025 Guidance 21,821 1,723 1,604 1,385 153.7 75 Jan 13, 2026 J-GAAP
YoY +1.4% +6.2% +0.4% +4.3% +6.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
May, 2024 32,140 927 1,487 935 99.5 30 Jul 12, 2024 J-GAAP
May, 2025 40,539 2,384 2,584 2,128 231.3 70 Jul 14, 2025 J-GAAP
May, 2026 Guidance 40,000 2,400 2,500 2,250 249.8 75 Jul 14, 2025 J-GAAP
YoY -1.3% +0.7% -3.3% +5.7% +8.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Sep - Nov, 2024 10,849 735 847 703 75.8 6.8 Jan 14, 2025 J-GAAP
Dec - Feb, 2024 10,017 525 712 462 50.0 5.2 Apr 11, 2025 J-GAAP
Mar - May, 2025 11,507 1,097 885 866 94.1 9.5 Jul 14, 2025 J-GAAP
Jun - Aug, 2025 8,409 367 533 465 51.5 4.4 Oct 15, 2025 J-GAAP
Sep - Nov, 2025 9,770 310 363 400 44.3 3.2 Jan 13, 2026 J-GAAP
YoY -9.9% -57.8% -57.1% -43.1% -41.5%

Related Articles