Toyo Engineering Corporation
Fiscal Year Ending March 2026, Third Quarter Financial Summary〔Japanese GAAP〕(Consolidated)
For the third quarter of the fiscal year ending March 2026, net sales were JPY 131.902 billion (down 35.8% YoY), operating loss was JPY 20.995 billion, and net loss attributable to owners of parent was JPY 17.493 billion.
Key Figures
- Net Sales: 131,902 million yen (down 35.8% YoY)
- Operating Income: △20,995 million yen (operating income was 2,035 million yen in the same period last year)
- Net Income Attributable to Owners of Parent - Quarterly: △17,493 million yen (net income was 2,300 million yen in the same period last year)
AI要約
Performance Overview
For the consolidated cumulative third quarter period of the fiscal year ending March 2026, net sales were JPY 131,902 million (down 35.8% YoY), operating loss was JPY 20,995 million, ordinary loss was JPY 15,778 million, and net loss attributable to owners of parent for the quarter was JPY 17,493 million. This was mainly impacted by deteriorating profitability in the Brazil gas-fired power generation project, increasing recorded losses. Consolidated order intake increased by 61.0% YoY to JPY 165.6 billion, but completed construction revenue declined 35.8% to JPY 131.9 billion.
Financial Position and Outlook
Total assets decreased by JPY 36.2 billion compared to the end of the previous fiscal year to JPY 250.3 billion, net assets decreased by JPY 20.6 billion to JPY 39.6 billion, and the equity ratio declined to 15.7%. The number of issued shares remained unchanged at 38,558,507. The dividend forecast has been revised to no dividend. The full-year earnings guidance anticipates significant decreases with net sales of JPY 185.0 billion (down 33.5% YoY), operating loss of JPY 20.0 billion, and net loss of JPY 15.0 billion. Arbitration procedures related to the Brazil project are ongoing, and future negotiation outcomes may impact performance.
