Teac Corporation
Notice on Recognition of U.S. Duty Refund and Revision of Earnings Forecast
For the interim period of the fiscal year ending March 2027, a U.S. duty refund of 184 million yen was deducted from cost of sales, and the full-year consolidated forecast has been revised upward. Revenue remains unchanged at 16,000 million yen; operating income revised from 500 to 700 million yen, profit before tax from 350 to 550 million yen, net income attributable to owners of parent from 300 to 500 million yen, and basic earnings per share from 10.42 yen to 17.36 yen. The revision reflects the contribution of the refund and strong performance in the professional audio equipment (TASCAM) and information device segments, despite expected increases in raw material costs.
Key Figures
- Revenue: 16,000 million yen
- Operating Income: 700 million yen
- Profit Before Tax: 550 million yen
- Net Income Attributable to Owners of Parent: 500 million yen
- Basic Earnings Per Share: 17.36 yen
- Change: Operating Income/Profit Before Tax/Net Income Attributable to Owners of Parent each increased by 200 million yen
- Refund Amount: 184 million yen
AI要約
Revision of Earnings Forecast
In the notice published today, the Company has revised upward its consolidated earnings forecast for the fiscal year ending March 2027 due to deducting a U.S. duty refund of 184 million yen from cost of sales in the interim consolidated accounting period. While revenue remains unchanged from the previous forecast at 16,000 million yen, operating income is projected at 700 million yen, profit before tax at 550 million yen, net income attributable to owners of parent at 500 million yen, and basic earnings per share at 17.36 yen — all exceeding the prior forecast. Although cost increases are expected from rising raw material prices, the upward revision reflects strong performance in professional audio equipment (TASCAM) and the information device segments as well as the contribution of the refund.
Outlook and Points to Note
The initial forecasts contain uncertainties, and actual results may fluctuate depending on future market conditions and foreign exchange movements. This upward revision reflects the effect of recognizing the refund and the strong performing segments, but the impact of rising costs remains a point to monitor.
Teac Corporation
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