Against a backdrop of weak non-residential floor area starts, net sales decreased by approximately 8% year-over-year and operating profit declined. Increased maintenance service revenue helped mitigate the decline. For the six-month period of fiscal 2027, the company secured a return to profitability while aiming to achieve the initial fiscal-year plan. Fiscal 2027 guidance targets net sales of around 22,000 hundred million yen, operating profit of around 13 hundred million yen, with a payout ratio linked at approximately 32%.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5936","jir_company_name":"Toyo Shutter Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/5936-20261106-01.pdf","jir_short_summary":"Against a backdrop of weak non-residential floor area starts, net sales decreased by approximately 8% year-over-year and operating profit declined. Increased maintenance service revenue helped mitigate the decline. For the six-month period of fiscal 2027, the company secured a return to profitability while aiming to achieve the initial fiscal-year plan. Fiscal 2027 guidance targets net sales of around 22,000 hundred million yen, operating profit of around 13 hundred million yen, with a payout ratio linked at approximately 32%.","jir_summary":"### Overview of Performance\nWith non-residential floor area starts remaining weak, price pass-through and cost control have become critical issues in the shutter industry. Net sales were supported to some extent by increased maintenance service revenue, but the heavy-shutter and steel-door divisions struggled. Caution is warranted regarding achievement against the initial plan, and operating income declined due to higher raw material prices and increased procurement costs. A return to profitability is expected in the second quarter.\n\n### Future Plans and Investments\nThe six-month plan for the fiscal year ending March 2027 forecasts net sales of 22,000 hundred million yen, operating income of 1,320 million yen, and ordinary income of 1,230 million yen, with a policy to raise the payout ratio to approximately 32.0%. The company will strengthen retail and maintenance, build a lower-cost structure, and proceed with planned capital expenditures. To achieve the five-year plan, it will promote price pass-through and develop higher value-added products.","jir_financial_highlights":"Net Sales: 9,357 million yen (Year-over-Year -7.8%)\nOperating Income: 206 million yen (Year-over-Year -46%)\nOrdinary Income: 160 million yen (Year-over-Year -50.8%)\nNet Income Attributable to Owners of Parent (Interim): 87 million yen (Year-over-Year -56.5%)\nEPS (per share): 13.75 yen (Year-over-Year Unknown)","jir_category":"","jir_hashtags":"#ToyoShutter, #FinancialResults, #InterimResults, #BusinessStrategy, #PricePassThrough","jir_key_figures":"Net Sales: 9,357 million yen (Year-over-Year -7.8%)\nOperating Income: 206 million yen (Year-over-Year -45.4%)\nEPS: 13.75 yen","jir_meta_title":"Toyo Shutter Co., Ltd. - Interim Results for FY2027 | Net Sales 9,357 million yen, Operating Income 206 million yen","jir_meta_description":"Earnings presentation for Toyo Shutter Co., Ltd. for the six-month period ended March 2027. Net sales 9,357 million yen (Year-over-Year -7.8%), operating income 206 million yen. Explains future plans and dividend policy, focusing on price pass-through and strengthening maintenance services.","jir_og_title":"Toyo Shutter Co., Ltd. | Interim Results for FY2027 Overview","jir_og_description":"Despite impacts from non-residential construction trends, the company aims to improve profitability through growth in maintenance services and price pass-through. Detailed interim results and future plans are provided.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":59729,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-144073","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n