Tokyo Tekko Co., Ltd.
Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)
For the third quarter of the fiscal year ending March 2026, net sales were 54,124 million yen (14.4% year-over-year decline), operating income was 9,316 million yen (13.1% year-over-year decline), and net income attributable to owners of the parent for the quarter was 6,334 million yen (20.1% year-over-year decline).
Key Figures
- Net Sales: 54,124 million yen (14.4% year-over-year decline)
- Operating Income: 9,316 million yen (13.1% year-over-year decline)
- Net Income Attributable to Owners of Parent for the Quarter: 6,334 million yen (20.1% year-over-year decline)
AI要約
Performance Overview
Consolidated results for the third quarter of the fiscal year ending March 2026 showed net sales of 54,124 million yen, a 14.4% decrease year-over-year. The decline was mainly due to shrinking domestic demand for steel reinforcing bars, lower product shipment prices, and a reduced volume of related products shipped. Operating income was 9,316 million yen, down 13.1% year-over-year; ordinary income was 9,421 million yen, down 15.1%; and net income attributable to owners of the parent was 6,334 million yen, a 20.1% decrease. By segment, the steel business recorded net sales of 53,491 million yen (14.4% year-over-year decline) and segment profit of 9,130 million yen (12.1% decline), while other businesses also posted decreased revenues and profits, with net sales of 3,580 million yen (15.4% decline) and profit of 157 million yen (46.8% decline).
Financial Position and Earnings Forecast
Total assets declined by 1,530 million yen from the previous fiscal year-end to 79,716 million yen, mainly due to a decrease in cash and deposits. Total liabilities decreased by 3,352 million yen to 18,181 million yen due to a reduction in accrued corporate taxes and others. Net assets increased by 1,821 million yen to 61,535 million yen due to increased retained earnings. The equity ratio improved to 77.2%. The consolidated earnings forecast for the fiscal year ending March 2026 has been revised to net sales of 730 billion yen (down 5.2% from previous forecast), operating income of 11.5 billion yen (down 4.2%), ordinary income of 11.5 billion yen (down 4.2%), and net income attributable to owners of the parent of 8.1 billion yen (down 4.1%).
Stock Split and Changes to Shareholder Benefits Program
A stock split of 3-for-1 is planned with March 31, 2026 as the record date. This will increase the number of issued shares from 9,365,305 shares to 28,095,915 shares. Additionally, the shareholder benefits program will be revised, introducing a long-term shareholder benefit program starting March 31, 2027, with gradually enhanced benefits for shareholders holding 300 shares or more.
