TOLI Corporation: Consolidated Financial Summary for the Second Quarter (Interim) [Japanese Standards]

Performance Overview

In the second quarter of this fiscal year, net sales were 53,658 million yen (YoY +2.6%), operating income was 1,923 million yen (YoY +38.4%), ordinary income was 2,108 million yen (YoY +23.3%), and interim net income attributable to owners of parent was 1,566 million yen (YoY +43.6%), reflecting solid growth across the board compared with the prior year. By segment, the Interior business performed steadily, the Global business showed a recovery trend particularly in China and ASEAN, and Building Materials & Others experienced profit pressure due to certain cost impacts. Reflecting interim earnings improvement, initiatives to achieve the full-year plan are being continued. On dividends, the company maintains a forecast of 10 yen at the end of the second quarter and 36 yen for the full fiscal year.

Outlook and Capital Policy Background

As the second year of the medium-term management plan SHINKA Plus ONE 2.0, the company continues measures to address soaring raw material costs and to stabilize supply and improve profitability. Actions include diversifying procurement routes, in-house production of raw materials, and price revisions, aiming to achieve targets such as consolidated net sales of at least 113,000 million yen, operating income of at least 5,000 million yen, and ROE of 8.0% or higher. For the full year, the company expects net sales of 115,000 million yen, operating income of 5,700 million yen, and net income of 4,600 million yen.