Toyota Industries Corporation
Toyota Industries Corporation (6201) Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026
For the third quarter of the fiscal year ending March 2026, consolidated net sales were 3,166.8 billion yen (up 4.8% YoY), operating income was 85.982 billion yen (down 52.5% YoY), and net income attributable to owners of the parent for the quarter was 186.9 billion yen (down 24.7% YoY).
Key Figures
- Net Sales: 3,166.8 billion yen (up 4.8% YoY)
- Operating Income: 85.982 billion yen (down 52.5% YoY)
- Net Income Attributable to Owners of Parent for the Quarter: 186.9 billion yen (down 24.7% YoY)
AI要約
Overview of Performance
Consolidated net sales for the third quarter of the fiscal year ending March 2026 were 3,166.8 billion yen, a 4.8% increase compared to the same period last year. However, operating income decreased by 52.5% YoY to 85.982 billion yen, affected by increased costs related to engine certification, personnel expenses, U.S. tariffs, and research and development expenses. Income before income taxes was 224.005 billion yen (down 28.3% YoY), and net income attributable to owners of the parent was 186.9 billion yen (down 24.7% YoY). By segment, the automotive business experienced a significant decrease in operating income, and the industrial vehicle business also recorded a decline in profits. The textile machinery business posted an operating loss.
Financial Position and Cash Flow Status
Total assets increased substantially from the end of the previous fiscal year to 11,221.18 billion yen, mainly due to an increase in the valuation of investment securities. Liabilities rose to 5,049 billion yen, and total equity increased to 6,172.14 billion yen. Cash flows from operating activities increased by 285.8 billion yen, cash flows from investing activities decreased by 112.8 billion yen, and cash flows from financing activities decreased by 69.3 billion yen. The balance of cash and cash equivalents rose 29% from the previous fiscal year-end to 488.9 billion yen.
Revision of Earnings Guidance
The consolidated earnings forecast for the fiscal year ending March 2026 has been revised to net sales of 4 trillion yen (down 2.1% YoY), operating income of 100 billion yen (down 54.9% YoY), income before income taxes of 230 billion yen (down 34.6% YoY), and net income attributable to owners of the parent of 190 billion yen (down 27.6% YoY). The assumed exchange rates are 145 yen to the U.S. dollar and 175 yen to the euro.
Information Regarding Tender Offer (TOB)
Toyota Asset Preparation Corporation, established by Toyota Real Estate Co., Ltd., is scheduled to commence a tender offer for the company’s shares from January 15, 2026. The tender offer price is 18,800 yen per share, with a minimum purchase quantity of 126,215,300 shares. The company supports the tender offer and recommends shareholders to apply. Following the successful completion of the tender offer, delisting is planned.
