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TOYO ELECTRIC, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 1%
6655 TOYO ELECTRIC CORPORATION 【J-GAAP】
Earnings ReportTOYO ELECTRIC CORPORATION <6655> [NSE Main] announced its financial results after the market closed on February 6th (16:40). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 222 million yen, a 1.4% increase compared to the same period last year. However, Progress toward the full-year plan of 338 million yen was 65.7%, also falling below the five-year average of 76.6%.
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 decrease 10.1% from the same period last year to 116 million yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 20.9% from the same period last year, reaching 139 million yen. The operating profit margin improved from 4.0% in the same period last year to 5.3%.
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 | 6,664 | 271 | 344 | 364 | 85.4 | 79.3 | Feb 7, 2024 | J-GAAP |
| Apr - Dec, 2024 | 6,976 | 158 | 219 | 170 | 40.6 | 62.9 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 6,289 | 161 | 222 | 147 | 34.9 | 65.7 | Feb 6, 2026 | J-GAAP |
| YoY | -9.8% | +1.9% | +1.4% | -13.5% | -14.0% |
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 | 4,861 | 233 | 244 | 176 | 42.0 | 12 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 5,495 | 294 | 255 | 182 | 42.9 | 10 | Nov 10, 2025 | J-GAAP |
| YoY | +13.0% | +26.2% | +4.5% | +3.4% | +2.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 8,829 | 379 | 434 | 452 | 106.3 | 25 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 9,348 | 292 | 348 | 281 | 67.1 | 22 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 9,250 | 321 | 338 | 235 | 55.4 | 20 | May 12, 2025 | J-GAAP |
| YoY | -1.0% | +9.9% | -2.9% | -16.4% | -17.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 2,489 | 99 | 115 | 65 | 15.5 | 4.0 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 2,372 | 134 | 129 | 111 | 26.5 | 5.6 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 1,861 | -19 | 37 | 29 | 7.0 | -1.0 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 1,894 | 46 | 46 | 24 | 5.8 | 2.4 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 2,534 | 134 | 139 | 94 | 22.3 | 5.3 | Feb 6, 2026 | J-GAAP |
| YoY | +1.8% | +35.4% | +20.9% | +44.6% | +43.8% |
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