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Teikoku Tsushin, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 18%
6763 Teikoku Tsushin Kogyo Co.,Ltd 【J-GAAP】
Earnings ReportTeikoku Tsushin Kogyo Co.,Ltd <6763> [TSE Prime] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 21.9% from the same period last year to 1.47 billion yen.
However, the full-year forecast for consolidated ordinary profit has been revised upward 17.9%, from the previous forecast of 1.40 billion yen to 1.65 billion yen (compared to 2.12 billion yen in the previous period), and the declining rate is expected to decrease from 34.2% to 22.4%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has been revised upward 38.4%, from the previous forecast of 0.65 billion yen to 0.90 billion yen (compared to 1.22 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 47.0% to 26.6%.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 0.72 billion yen, a 26.7% decrease compared to the same period last year. The operating profit margin decreased from 12.1% in the same period last year to 8.9%.
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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 | 11,689 | 948 | 1,436 | 1,039 | 107.2 | 92.1 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 12,585 | 1,436 | 1,885 | 1,392 | 146.6 | 88.6 | Feb 14, 2025 | J-GAAP |
| Apr - Dec, 2025 | 13,037 | 1,062 | 1,472 | 965 | 102.9 | 89.2 | Feb 10, 2026 | J-GAAP |
| YoY | +3.6% | -26.0% | -21.9% | -30.7% | -29.8% |
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 | 8,306 | 644 | 651 | 754 | 81.7 | 50 | Nov 11, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 8,506 | 644 | 901 | 954 | 103.3 | 50 | Feb 10, 2026 | J-GAAP |
| Revision Rate | +2.4% | 0.0% | +38.4% | +26.5% | +26.5% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 16,800 | 1,300 | 1,400 | 1,200 | 130.0 | 100 | Nov 11, 2025 | J-GAAP |
| Mar, 2026 New | 17,000 | 1,300 | 1,650 | 1,400 | 151.6 | 100 | Feb 10, 2026 | J-GAAP |
| Revision Rate | +1.2% | 0.0% | +17.9% | +16.7% | +16.7% |
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 | 8,822 | 787 | 1,228 | 1,310 | 138.2 | 50 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 8,506 | 644 | 901 | 954 | 103.3 | 50 | Feb 10, 2026 | J-GAAP |
| YoY | -3.6% | -18.2% | -26.6% | -27.2% | -25.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 15,223 | 947 | 1,559 | 1,362 | 141.1 | 70 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 16,790 | 1,663 | 2,127 | 2,009 | 212.0 | 100 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 17,000 | 1,300 | 1,650 | 1,400 | 151.6 | 100 | Feb 10, 2026 | J-GAAP |
| YoY | +1.3% | -21.8% | -22.4% | -30.3% | -28.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 4,617 | 560 | 986 | 693 | 73.0 | 12.1 | Feb 14, 2025 | J-GAAP |
| Jan - Mar, 2025 | 4,205 | 227 | 242 | 617 | 65.1 | 5.4 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 3,976 | 293 | 168 | 168 | 17.9 | 7.4 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 4,518 | 363 | 581 | 278 | 29.6 | 8.0 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 4,543 | 406 | 723 | 519 | 55.4 | 8.9 | Feb 10, 2026 | J-GAAP |
| YoY | -1.6% | -27.5% | -26.7% | -25.1% | -24.2% |
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