Tein, Inc. Second Quarter (Interim) Financial Summary [Japanese GAAP]

Overview of Results

Tein, Inc. recorded net sales of 3,154 million yen (Year-over-Year 12.2% increase), operating income of 401 million yen (Year-over-Year 103.8% increase), and ordinary income of 433 million yen (Year-over-Year 77.5% increase) for the second quarter (interim) of the fiscal year ending March 2027. The primary factors were expanded sales and production transfer effects of the "EnduraPro" series and 4x4DAMPER, and reduced cost of sales due to tariff refunds for shipments to the United States. Interim total assets were 9,183 million yen and net assets were 6,862 million yen, resulting in a slight decline in the equity ratio from 76.0% to 74.7%.

Outlook and Dividends

The full-year earnings forecast is net sales of 6,299 million yen, operating income of 487 million yen, ordinary income of 503 million yen, and net income attributable to owners of parent of 346 million yen (35.35 yen per share). No dividend was paid at the end of the first or second quarters, and the implementation date and amount of the year-end dividend have not been announced. The company will continue to expand its sales network and strengthen brand penetration in global markets, promoting development of overseas markets.