Tsuzuki Denki Co., Ltd.
Supplementary Materials for Q3 Financial Results for Fiscal Year Ending March 2026
For the third quarter of the fiscal year ending March 2026, net sales were 67.326 billion yen (YoY 103.1%), operating income was 4.005 billion yen (YoY 166.9%), and quarterly net income was 3.327 billion yen (YoY 191.6%), marking record-high profits.
Key Figures
- Net Sales (Cumulative Q3 FY March 2026): 67,326 million yen (YoY 103.1%)
- Operating Income (Cumulative Q3 FY March 2026): 4,005 million yen (YoY 166.9%)
- Full-year Dividend Forecast: 121 yen (YoY +22 yen)
AI要約
Overview of Performance
In the cumulative third quarter of the fiscal year ending March 2026, net sales rose to 67.326 billion yen (YoY 103.1%), operating income surged to 4.005 billion yen (YoY 166.9%), ordinary income reached 4.141 billion yen (YoY 164.3%), and quarterly net income climbed significantly to 3.327 billion yen (YoY 191.6%), achieving record-high profits. Resources were shifted to growth sectors, leading to significant growth in 'Development & Construction,' while both 'Equipment' and 'Services' segment revenues surpassed the previous year's levels across all business models.
Business Segment Order Status
Net sales by business model were steady with Equipment at 24.03 billion yen (YoY 100.5%), Development & Construction at 11.33 billion yen (YoY 112.2%), and Services at 31.965 billion yen (YoY 102.2%). Order intake totaled 82.166 billion yen (YoY 114.3%) and order backlog was 35.086 billion yen (YoY 143.4%), reflecting an extremely favorable environment backed by strong IT investment appetite.
Progress in Six Growth Areas
Sales in the six growth areas expanded to 11.77 billion yen, 136% YoY, progressing smoothly toward the full-year target of 16.3 billion yen. Notably, 'Security' and 'DX Services for Logistics Operations' showed high progress rates.
Revisions to Full-year Earnings and Dividend Forecasts
Efforts to improve profitability have been successful, resulting in upward revisions to full-year earnings guidance. Net sales are expected at 102.5 billion yen, operating income at 8 billion yen (119.4% of initial forecast), ordinary income at 8.15 billion yen (120.7%), and net income at 6 billion yen (133.3%). Annual dividend per share is raised from 100 yen to 121 yen, aiming for stable dividends with a payout ratio around 40%.
