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TOKAI ELECTRONICS, First Half Ordinary Profit Increases by 53%
8071 TOKAI ELECTRONICS CO.,LTD. 【J-GAAP】
Earnings ReportTOKAI ELECTRONICS CO.,LTD. <8071> [NSE Main] announced its financial results in the afternoon session on October 30th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 629 million yen, an increase 53.0% compared to the same period last year. Progress toward the full-year plan of 800 million yen was 78.6%, also surpassing the five-year average of 41.3%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to significant drop 75.0% from the same period last year to 171 million yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit decreased to 169 million yen, a 29.3% decrease compared to the same period last year. The operating profit margin worsened from 2.0% in the same period last year to 1.2%.
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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 - Sep, 2023 | 31,385 | 961 | 994 | 640 | 303.7 | 60.0 | Oct 30, 2023 | J-GAAP |
| Apr - Sep, 2024 | 27,152 | 399 | 411 | 257 | 122.1 | 37.5 | Oct 30, 2024 | J-GAAP |
| Apr - Sep, 2025 | 19,390 | 580 | 629 | 430 | 203.7 | 78.6 | Oct 30, 2025 | J-GAAP |
| YoY | -28.6% | +45.4% | +53.0% | +67.3% | +66.8% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 19,300 | 580 | 620 | 430 | 203.3 | 57 | Oct 23, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 19,390 | 580 | 629 | 430 | 203.7 | 57 | Oct 30, 2025 | J-GAAP |
| Revision Rate | +0.5% | 0.0% | +1.5% | 0.0% | +0.2% |
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 | 29,846 | 700 | 685 | 385 | 182.4 | 57 | Apr 28, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 20,610 | 170 | 171 | 90 | 42.6 | 57 | Oct 30, 2025 | J-GAAP |
| YoY | -30.9% | -75.7% | -75.0% | -76.6% | -76.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 60,833 | 1,604 | 1,658 | 491 | 233.2 | 114 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 56,998 | 1,099 | 1,096 | 642 | 304.1 | 114 | Apr 28, 2025 | J-GAAP |
| Mar, 2026 Guidance | 40,000 | 750 | 800 | 520 | 245.9 | 114 | Oct 23, 2025 | J-GAAP |
| YoY | -29.8% | -31.8% | -27.0% | -19.0% | -19.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 13,432 | 262 | 239 | 195 | 92.6 | 2.0 | Oct 30, 2024 | J-GAAP |
| Oct - Dec, 2024 | 14,319 | 227 | 296 | 130 | 61.6 | 1.6 | Jan 30, 2025 | J-GAAP |
| Jan - Mar, 2025 | 15,527 | 473 | 389 | 255 | 120.8 | 3.0 | Apr 28, 2025 | J-GAAP |
| Apr - Jun, 2025 | 10,288 | 472 | 460 | 356 | 168.4 | 4.6 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 9,102 | 108 | 169 | 74 | 35.1 | 1.2 | Oct 30, 2025 | J-GAAP |
| YoY | -32.2% | -58.8% | -29.3% | -62.1% | -62.2% |
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