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TESS Holdings rebounds sharply as Q3 operating profit nearly achieves full-year target

Mon May 18, 2026 1:45 pm JST Catalyst

TESS Holdings CO.,Ltd. <5074> shares rebounded sharply, hitting their daily limit-up ceiling at one point, after the company reported strong nine-month consolidated financial results following the market close on May 15. For the nine-month period ended March 2026, sales rose 39.8% year-on-year to 37.44 billion yen, operating profit grew 34.6% to 3.59 billion yen, and net profit surged 2.1-fold to 1.26 billion yen. Investor sentiment was buoyed by the fact that nine-month operating profit has already nearly achieved the company's full-year target.

In the engineering segment, contract-based engineering, procurement, and construction (EPC) projects for renewable energy facilities saw an expansion in battery storage systems. Performance was further driven by the energy supply segment, where revenue from renewable energy power generation increased and retail electricity supply remained robust. TESS Holdings maintained its full-year guidance for the fiscal year ending June 2026, projecting sales to rise 28.1% year-on-year to 47 billion yen, operating profit to grow 41.3% to 3.6 billion yen, and net profit to surge 5.9-fold to 1.2 billion yen.

Further supporting the stock, the company announced on May 18 that its consolidated subsidiary TESS Engineering secured an order from an affiliate of Riene Energy to construct a grid-scale battery storage facility.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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