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TOA ROAD, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 4%, Oct-Dec Ordinary Profit Decreases by 12%
1882 TOA ROAD CORPORATION 【J-GAAP】
Earnings ReportTOA ROAD CORPORATION <1882> [TSE Prime] announced its financial results in the afternoon session on February 6th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 3.6% from the same period last year to 3.10 billion yen. Progress toward the full-year plan of 6.60 billion yen was 47.0%, almost the same as the five-year average of 47.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to expand 75.9% from the same period last year, reaching 3.49 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 2.55 billion yen, an 11.9% decrease compared to the same period last year. The operating profit margin worsened from 7.7% in the same period last year to 7.2%.
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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 - Dec, 2023 | 83,316 | 2,299 | 2,491 | 1,554 | 32.7 | 43.6 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 90,541 | 3,009 | 3,217 | 2,813 | 60.8 | 61.8 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 86,063 | 2,882 | 3,102 | 2,045 | 44.3 | 47.0 | Feb 6, 2026 | J-GAAP |
| YoY | -4.9% | -4.2% | -3.6% | -27.3% | -27.1% |
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 | 72,694 | 4,838 | 4,885 | 3,525 | 76.2 | 90 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 75,541 | 6,094 | 6,048 | 3,631 | 78.6 | 45 | Nov 7, 2025 | J-GAAP |
| YoY | +3.9% | +26.0% | +23.8% | +3.0% | +3.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 118,060 | 5,473 | 5,707 | 3,793 | 79.9 | 42 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 126,575 | 5,015 | 5,206 | 4,127 | 89.2 | 90 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 127,000 | 6,500 | 6,600 | 4,100 | 88.7 | 90 | May 9, 2025 | J-GAAP |
| YoY | +0.3% | +29.6% | +26.8% | -0.7% | -0.6% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 36,660 | 2,832 | 2,896 | 2,211 | 47.8 | 7.7 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 36,034 | 2,006 | 1,989 | 1,314 | 28.4 | 5.6 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 23,267 | -383 | -304 | -110 | -2.4 | -1.6 | Aug 1, 2025 | J-GAAP |
| Jul - Sep, 2025 | 28,192 | 789 | 856 | 579 | 12.6 | 2.8 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 34,604 | 2,476 | 2,550 | 1,576 | 34.2 | 7.2 | Feb 6, 2026 | J-GAAP |
| YoY | -5.6% | -12.6% | -11.9% | -28.7% | -28.6% |
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