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TOYODA GOSEI, Net Income Forecast for the Fiscal Year Revised Upward by 23%, Highest in Two Terms
7282 TOYODA GOSEI CO.,LTD. 【IFRS】
Earnings ReportTOYODA GOSEI CO.,LTD. <7282> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 3rd (13:25). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 43.8 billion yen, an increase 36.0% compared to the same period last year.
In addition, the full-year forecast for consolidated net income has been revised upward 23.3%, from the previous forecast of 43.0 billion yen to 53.0 billion yen (compared to 36.3 billion yen in the previous period), increasing the growth rate from 18.4% to 45.9%, reaches new record high for the first time in two terms.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (second half) is expected to increase 65.5%, from the previous forecast of 15.2 billion yen to 25.2 billion yen (compared to 18.1 billion yen in the same period of the previous year), turning to a 39.5% increase in the consolidated net income outlook.
In the most recent three-month period, from October to December (3Q), the consolidated net income grew 15.0% from the same period last year, reaching 16.1 billion yen. However, the operating profit margin remained almost flat, changing from 6.7% in the same period last year to 6.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 804,222 | 55,900 | 58,342 | 41,284 | 319.9 | 81.3 | Feb 2, 2024 | IFRS |
| Apr - Dec, 2024 | 786,954 | 47,079 | 49,306 | 32,267 | 254.0 | 83.3 | Jan 31, 2025 | IFRS |
| Apr - Dec, 2025 | 830,618 | 52,516 | 60,437 | 43,893 | 345.4 | 77.5 | Feb 3, 2026 | IFRS |
| YoY | +5.5% | +11.5% | +22.6% | +36.0% | +36.0% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 514,355 | 27,080 | 28,296 | 15,270 | 120.0 | 60 | Oct 31, 2025 | IFRS |
| Oct - Mar, 2025 New | 604,355 | 37,080 | 42,296 | 25,270 | 198.6 | 60 | Feb 3, 2026 | IFRS |
| Revision Rate | +17.5% | +36.9% | +49.5% | +65.5% | +65.5% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 1,050,000 | 60,000 | 64,000 | 43,000 | 337.9 | 110 | Oct 31, 2025 | IFRS |
| Mar, 2026 New | 1,140,000 | 70,000 | 78,000 | 53,000 | 416.5 | 110 | Feb 3, 2026 | IFRS |
| Revision Rate | +8.6% | +16.7% | +21.9% | +23.3% | +23.3% |
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 | 543,860 | 30,971 | 33,848 | 18,121 | 142.7 | 55 | Apr 25, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 604,355 | 37,080 | 42,296 | 25,270 | 198.6 | 60 | Feb 3, 2026 | IFRS |
| YoY | +11.1% | +19.7% | +25.0% | +39.5% | +39.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 1,071,107 | 67,703 | 71,801 | 51,454 | 400.2 | 95 | Apr 26, 2024 | IFRS |
| Mar, 2025 | 1,059,798 | 59,844 | 59,168 | 36,331 | 286.0 | 105 | Apr 25, 2025 | IFRS |
| Mar, 2026 Guidance | 1,140,000 | 70,000 | 78,000 | 53,000 | 416.5 | 110 | Feb 3, 2026 | IFRS |
| YoY | +7.6% | +17.0% | +31.8% | +45.9% | +45.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 271,016 | 18,206 | 23,986 | 14,057 | 110.7 | 6.7 | Jan 31, 2025 | IFRS |
| Jan - Mar, 2025 | 272,844 | 12,765 | 9,862 | 4,064 | 32.0 | 4.7 | Apr 25, 2025 | IFRS |
| Apr - Jun, 2025 | 260,417 | 18,373 | 18,233 | 13,473 | 106.0 | 7.1 | Jul 31, 2025 | IFRS |
| Jul - Sep, 2025 | 275,228 | 14,547 | 17,471 | 14,257 | 112.2 | 5.3 | Oct 31, 2025 | IFRS |
| Oct - Dec, 2025 | 294,973 | 19,596 | 24,733 | 16,163 | 127.2 | 6.6 | Feb 3, 2026 | IFRS |
| YoY | +8.8% | +7.6% | +3.1% | +15.0% | +14.9% |
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