Tokyo Rope Mfg. Co., Ltd. Earnings Report for the Second Quarter (Interim) of the Fiscal Year Ending March 31, 2027

Overview of Results

Consolidated net sales for the second quarter were 32,107 million yen, a 5.8% increase year-over-year. Sales increased across all segments, offsetting declines from the completion of some development-product projects. Operating income was 1,664 million yen, up 17.7% year-over-year, and ordinary income was 2,147 million yen, up 27.8%. Interim net income was 1,622 million yen, a 6.1% decrease from the prior period. By segment, steel rope and wire products recorded net sales of 14,576 million yen; steel cord products 2,457 million yen; industrial machinery 2,942 million yen; energy and real estate 3,651 million yen; and development products 8,478 million yen.

Dividends, Financial Stability and Full-Year Outlook

The full-year dividend forecast is maintained at 70 yen (including actual payments at the end of the first and second quarters). Financial position: total assets 90,545 million yen, net assets 43,188 million yen, and equity ratio 47.7%. Cash and cash equivalents were 7,079 million yen. The company maintains its previously announced full-year outlook of net sales 67,000 million yen, operating income 4,300 million yen, ordinary income 4,400 million yen, net income attributable to owners of parent 3,000 million yen, and earnings per share of 194.52 yen.