Toho Titanium Company, Limited
Notice of Variance in Earnings for Fiscal Year Ending March 2026 | Toho Titanium
Toho Titanium's sales for the fiscal year ending March 2026 were 82,525 million yen, representing a 5.4% decrease from the previous period, and operating profit declined by 30.2% to 4,208 million yen. Net profit also decreased by 2,423 million yen, a 44.6% fall.
Key Figures
- Net Sales: 82,525 million yen (YoY △5.4%)
- Operating Income: 4,208 million yen (YoY △30.2%)
- Net Income Attributable to Owners of Parent: 3,013 million yen (YoY △44.6%)
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Overview of Financial Results
Toho Titanium's sales for the fiscal year ending March 2026 amounted to 82,525 million yen, a 5.4% decrease from the previous period. While demand for catalysts and ultra-fine nickel showed some recovery, overall sales declined due to decreased sales of sponge titanium for aircraft and inventory adjustments along the supply chain. Operating income, ordinary income, and net income also declined by 30.2%, 27.9%, and 44.6% respectively, primarily due to reduced titanium sales volume and price adjustments.
Reasons for Variance and Future Outlook
The decline in sales and profits mainly results from decreased sales of sponge titanium for aircraft and price adjustments. Although signs of demand recovery are observed, inventory adjustments and market fluctuations may require some time for performance recovery. The company will continue to monitor demand trends and supply adjustments while promoting cost control and production management.
Toho Titanium Co., Ltd.
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