[Toyo Engineering] Full-year Financial Results for 2026 | Sales of ¥182.9 billion, Net Loss ¥14.9 billion

Performance Overview

For the fiscal year ending March 2026, the consolidated results significantly worsened, with sales of ¥182.9 billion (down 34.2% YoY), operating loss of ¥19 billion, and net loss of ¥14.9 billion. The main reasons are deteriorating profitability on gas-fired power plant projects in Brazil and additional construction losses. Order intake was approximately ¥175.8 billion, a decrease from the previous year. The financial position also contracted, with total assets at ¥261.1 billion and net assets at ¥43.7 billion, leading to a decline in the equity ratio to 16.7%. Cash flows from operating activities increased by ¥9.3 billion, but overall conditions remain challenging.

Future Outlook and Strategies

Based on the medium-term management plan from 2026 to 2030, the company will promote the stabilization and enhancement of profitability in the EPC business. It will strengthen risk management and shift towards a business model centered on creating social value, expanding resource allocation to growth markets such as India and Africa. To recover performance, thorough management of contract conditions, development of new businesses, and reinforcement of technological, human resources, and digital transformation are essential.