THK Co., Ltd.
Financial Summary for the Fiscal Year Ending December 2025 [IFRS] (Consolidated)
For the fiscal year ending December 2025, consolidated revenue was ¥240.444 billion (7.9% year-over-year increase), operating income was ¥14.436 billion (9.3% year-over-year decrease), and net income attributable to owners of the parent recorded a loss of ¥69.891 billion. The transportation equipment segment was classified as a discontinued operation and its transfer was decided.
Key Figures
- Consolidated Revenue: ¥240,444 million (7.9% year-over-year increase)
- Net Income Attributable to Owners of Parent: ¥-69,891 million (loss recorded)
- Annual Dividend (per share): ¥246 (Fiscal Year Ending December 2025)
AI要約
Performance Overview
For the fiscal year ending December 2025, consolidated results reflected a 7.9% increase in revenue to ¥240.444 billion in the continuing industrial machinery segment, driven by demand recovery in China and the U.S. However, operating income declined 9.3% to ¥14.436 billion and profit before tax fell 11.9% to ¥15.746 billion due to structural reform expenses and the impact of U.S. tariffs. The transportation equipment business was classified as a discontinued operation, incurring a business restructuring loss of ¥81.639 billion related to its transfer, resulting in a net loss attributable to owners of the parent of ¥69.891 billion.
Segment Performance and Financial Position
By region, the industrial machinery segment in China showed strong performance with a 21.6% revenue increase, while losses from the transfer of the transportation equipment segment led to significant operating losses across regions. Total assets amounted to ¥472.992 billion, total liabilities were ¥207.242 billion, and the equity ratio declined to 55.3%. Cash flow from operating activities was positive at ¥42.748 billion, investing activities used ¥19.798 billion, and financing activities used ¥42.055 billion.
Outlook and Dividend Policy
For the fiscal year ending December 2026, the company plans revenue of ¥260 billion, operating income of ¥26 billion, profit before tax of ¥26.5 billion, and net income attributable to owners of the parent of ¥21.5 billion, focusing on the continuing industrial machinery segment. The dividend policy is based on a DOE of 8%, with the annual dividend for the fiscal year ending December 2025 set at ¥246 per share and the forecast for the fiscal year ending December 2026 at ¥184 per share.
Significant Subsequent Events
On February 2, 2026, THK Co., Ltd. executed a basic agreement with AP87 Co., Ltd. regarding the transfer of the transportation equipment business, with completion scheduled for June 1, 2026. This is part of the company’s management strategy to focus and select businesses aiming for early realization of ROE exceeding 10%.
