#ToyotaBoshoku

Toyota Boshoku achieved net sales of ¥528.0 billion (up 10.1% YoY), operating profit of ¥15.8 billion (down 15.1%), and net income attributable to owners of the parent of ¥8.7 billion (down 18.9%) in the first quarter of FY2027. Segment-wise, sales increased in Japan and North/Central/South America, while Europe and Africa recorded operating losses. The full-year forecast has been revised accordingly.

Disposal of treasury stock as restricted stock compensation has been completed. Share type: common shares 23,739; disposal price: 2,148 yen per share; total amount: 50,991,372 yen. Disposed to eight individuals: five internal directors excluding external directors and three executive officers who do not concurrently serve as directors. Date: July 10, 2026.

Toyota Boshoku will dispose of 23,739 shares of treasury stock on July 10, 2026, and will grant shares based on a restricted stock compensation scheme. The disposal price is 2,148 yen per share, totaling approximately 510 million yen.

Toyota Boshoku plans to dispose of 38,470 shares of transfer-restricted stock to the Employee Stock Ownership Plan, raising approximately 82,633,560 yen in funds. The disposal date is September 3, 2026, and the share dilution is expected to be 0.02%.

Toyota Boshoku continuously maintains major transactions with its parent company, Toyota Motor Corporation, accounting for 50.8% of its sales in the fiscal year ending March 2026. While specific figures for sales and transaction balances are not disclosed, the relationship with the parent company and transaction stability are implied.

For the fiscal year ending March 2026, consolidated revenue amounted to JPY 2,037 billion (up 4.2% YoY), operating income was JPY 53.9 billion (up 27.2% YoY), and net income attributable to owners of parent totaled JPY 23.2 billion (up 39.2% YoY).

For the fiscal year ending March 2026, consolidated net sales are 2,037,063 million yen, 2.9% above the previous forecast, while net income attributable to owners of parent is 23,271 million yen, down 48.3%

Approximately 16 billion yen of quality-related expenses are planned to be recorded in the fourth quarter of the fiscal year ending March 2026. Reclining mechanism defects were identified in automotive seats manufactured by consolidated subsidiaries in the U.S. and China, resulting in recall filings.

There is a potential defect in the rear seat reclining mechanism of automotive seats manufactured by a U.S. consolidated subsidiary, and a recall notification was filed with the U.S. Department of Transportation in March 2026. The impact on business performance is currently unknown.

For the third quarter of the fiscal year ending March 2026, consolidated revenue was ¥1,506.2 billion (4.1% YoY increase), operating income was ¥60.2 billion (15.8% YoY increase), and net income attributable to owners of the parent for the quarter was ¥28.6 billion (1.2% YoY increase).