Toshiba Tec (6588) Q1 2026 earnings summary

Executive summary

• Net sales for 1Q FY2026 rose 23% year-over-year to ¥148,894 million, driven by strong POS system sales in overseas and domestic markets, recovery in customer investment, and favorable foreign exchange impacts.

• Operating profit reached ¥4,388 million, reversing a loss of ¥2,118 million in the prior year, supported by price revisions, production optimization, improved overseas performance, and US tariff refunds.

• Net profit attributable to owners was ¥2,010 million, a turnaround from a ¥4,987 million loss last year.

• Comprehensive income improved to ¥3,299 million from a loss of ¥5,058 million in the previous year.

• Cost increases from US tariffs were offset by production optimization and price revisions.

Financial highlights

• 1Q FY2026 net sales were ¥148,894 million, up ¥27,500 million year-over-year.

• Operating profit was ¥4,388 million (2.9% margin), compared to a loss of ¥2,118 million last year.

• Ordinary profit reached ¥4,300 million, up ¥7,800 million year-over-year.

• Net profit attributable to owners was ¥2,010 million, a turnaround from a ¥4,987 million loss.

• Gross profit increased to ¥57,444 million from ¥46,727 million year-over-year.

Outlook and guidance

• Full-year FY2026 net sales forecast revised upward to ¥610,000 million (up 7.2% year-over-year), with operating profit projected at ¥20,000 million and profit attributable to owners at ¥7,000 million.

• Segment sales forecasts raised for both Retail Solutions and Workplace Solutions, reflecting stronger overseas demand and exchange rate effects.

• Dividend forecast is ¥40.00 per share, double the previous year.

• US tariff refunds expected to provide upside, but risks from rising semiconductor, oil, and component costs persist.