Toenec Corporation Second Quarter (Half-Year) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

Toenec Corporation posted consolidated results for the second quarter of the fiscal year ending March 2027 with revenue of 1,252,760 million yen, a 0.5% increase year-over-year; operating income of 101,788 million yen, up 18.8%; ordinary income of 98,881 million yen, up 13.8%; and interim net income attributable to owners of parent of 75,733 million yen, up 5.0%, indicating clean growth. By segment, increases in distribution line construction volumes and decreases in indoor wiring work affected results, but overall order intake and revenue composition remained stable. The interim consolidated financial position is relatively healthy with total assets of 2,900,322 million yen, an equity ratio of 55.0%, and net assets of 159,501 million yen.

Outlook and Dividends

The full-year earnings forecast remains unchanged from previously disclosed figures, and the dividend policy anticipates a total annual dividend of 76 yen, including 31 yen at the second quarter-end and 45 yen at year-end. An investor meeting for institutional investors will be held online, and the company will continue appropriate investor information disclosure. Overall, in line with the Medium-Term Management Plan 2027, the company will promote strengthening of area strategy and the value chain through four pillars: pursuing growth areas, deepening existing businesses, investing in human resources, and reinforcing the management base.