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TOTETSU KOGYO, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 18%, Raises Record High Profit Forecast, Dividend Revised Upward by 10 Yen

Wed Feb 25, 2026 3:30 pm JST Revision

1835 TOTETSU KOGYO CO.,LTD. 【J-GAAP】

Guidance Update Report

TOTETSU KOGYO CO.,LTD. <1835> [TSE Prime] announced a revision to its performance and dividend after the market closed on February 25th (15:30). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 17.6%, from the previous forecast of 16.5 billion yen to 19.4 billion yen (compared to 16.0 billion yen in the previous period), increasing the growth rate from 2.9% to 21.0%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit is expected to increase 29.4%, from the previous forecast of 9.85 billion yen to 12.7 billion yen (compared to 11.6 billion yen in the same period of the previous year), turning to a 9.5% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 140 yen to 150 yen (compared to 135 yen in the previous period).

Kabutan News

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 99,312 9,730 9,850 7,526 218.5 70 Nov 13, 2025 J-GAAP
Oct - Mar, 2025 New 100,312 12,530 12,750 8,926 259.2 80 Feb 25, 2026 J-GAAP
Revision Rate +1.0% +28.8% +29.4% +18.6% +18.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 165,000 16,000 16,500 12,000 348.4 140 May 15, 2025 J-GAAP
Mar, 2026 New 166,000 18,800 19,400 13,400 389.1 150 Feb 25, 2026 J-GAAP
Revision Rate +0.6% +17.5% +17.6% +11.7% +11.7%

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 98,058 11,406 11,639 8,337 242.1 85 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 100,312 12,530 12,750 8,926 259.2 80 Feb 25, 2026 J-GAAP
YoY +2.3% +9.9% +9.5% +7.1% +7.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 141,845 11,751 12,106 8,296 241.0 97 May 15, 2024 J-GAAP
Mar, 2025 160,047 15,526 16,035 11,564 335.9 135 May 15, 2025 J-GAAP
Mar, 2026 Guidance 166,000 18,800 19,400 13,400 389.1 150 Feb 25, 2026 J-GAAP
YoY +3.7% +21.1% +21.0% +15.9% +15.8%

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