Toho Titanium Company, Limited
FY March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)
For the third quarter of FY March 2026, net sales were JPY 61,323 million (down 6.8% YoY), operating income was JPY 2,928 million (down 39.2% YoY), and net income attributable to owners of parent for the quarter was JPY 2,016 million (down 42.0% YoY).
Key Figures
- Net Sales: JPY 61,323 million (Down 6.8% YoY)
- Operating Income: JPY 2,928 million (Down 39.2% YoY)
- Net Income Attributable to Owners of Parent for the Quarter: JPY 2,016 million (Down 42.0% YoY)
AI要約
Performance Overview
Consolidated results for the third quarter of FY March 2026 were net sales of JPY 61,323 million (down 6.8% YoY), operating income of JPY 2,928 million (down 39.2% YoY), ordinary income of JPY 3,184 million (down 34.4% YoY), and net income attributable to owners of parent of JPY 2,016 million (down 42.0% YoY). The Metal Titanium segment experienced sales decline and a significant drop in operating income due to Boeing’s supply chain adjustments. The Catalyst segment recorded increased sales and profit despite the impact of excess polypropylene production in China. The Chemicals segment saw increased sales due to recovery in demand for ultrafine nickel but posted an operating loss.
Financial Position and Dividend
Total assets amounted to JPY 126,003 million and net assets to JPY 58,908 million, both increasing compared to the end of the previous fiscal year. The equity ratio remained stable at 46.8%. The number of issued shares was approximately 71.27 million. The annual dividend is forecasted to remain at JPY 18, unchanged from the previous period. Full year earnings guidance projects net sales of JPY 81,300 million (down 8.6% YoY), operating income of JPY 4,000 million (down 39.8% YoY), and net income attributable to owners of parent of JPY 1,900 million (down 55.4% YoY), indicating expected profit decreases, but dividend is planned to be maintained.
