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TERASAKI ELECTRIC, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 5%
6637 TERASAKI ELECTRIC CO.,LTD. 【J-GAAP】
Earnings ReportTERASAKI ELECTRIC CO.,LTD. <6637> [TSE Std] announced its financial results after the market closed on February 13th (15:45). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 5.3% from the same period last year, reaching 4.55 billion yen. Progress toward the full-year plan of 5.89 billion yen was 77.4%, also surpassing the five-year average of 65.2%.
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 decrease 22.7% from the same period last year to 1.33 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.72 billion yen, a 17.3% decrease compared to the same period last year. The operating profit margin decreased from 11.6% in the same period last year to 10.2%.
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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 | 38,184 | 3,281 | 3,899 | 3,053 | 234.3 | 67.5 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 41,350 | 3,912 | 4,331 | 2,981 | 228.8 | 71.6 | Feb 13, 2025 | J-GAAP |
| Apr - Dec, 2025 | 44,874 | 4,266 | 4,559 | 3,054 | 235.2 | 77.4 | Feb 13, 2026 | J-GAAP |
| YoY | +8.5% | +9.0% | +5.3% | +2.4% | +2.8% |
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 | 29,486 | 3,373 | 3,811 | 2,873 | 220.5 | 30 | May 15, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 30,215 | 3,031 | 3,060 | 2,231 | 181.9 | 23 | Nov 13, 2025 | J-GAAP |
| YoY | +2.5% | -10.1% | -19.7% | -22.3% | -17.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 52,065 | 4,921 | 5,773 | 4,014 | 308.2 | 36 | May 15, 2024 | J-GAAP |
| Mar, 2025 | 56,404 | 5,618 | 6,052 | 4,451 | 341.7 | 40 | May 15, 2025 | J-GAAP |
| Mar, 2026 Guidance | 59,370 | 5,700 | 5,890 | 4,160 | 339.2 | 43 | May 15, 2025 | J-GAAP |
| YoY | +5.3% | +1.5% | -2.7% | -6.5% | -0.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 14,432 | 1,667 | 2,090 | 1,403 | 107.7 | 11.6 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 15,054 | 1,706 | 1,721 | 1,470 | 112.8 | 11.3 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 13,593 | 1,171 | 1,223 | 843 | 64.8 | 8.6 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 15,562 | 1,498 | 1,607 | 1,086 | 83.4 | 9.6 | Nov 13, 2025 | J-GAAP |
| Oct - Dec, 2025 | 15,719 | 1,597 | 1,729 | 1,125 | 86.6 | 10.2 | Feb 13, 2026 | J-GAAP |
| YoY | +8.9% | -4.2% | -17.3% | -19.8% | -19.6% |
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