Toyo Suisan Kaisha (2875) Q1 2027 earnings summary

Executive summary

• Net sales for Q1 FY2026 rose 7.8% year-over-year to ¥135.7 billion, with operating profit up 23.4% to ¥22.6 billion and ordinary profit up 22.0% to ¥25.1 billion.

• Profit attributable to owners of parent increased 19.5% year-over-year to ¥18.2 billion.

• The company implemented cost reductions and aggressive sales activities amid a gradually recovering Japanese economy and a competitive sales environment.

• Foreign exchange rates favored exports, with the yen weakening to an average of ¥159.50 per USD from ¥144.60 a year earlier.

Financial highlights

• Gross profit margin improved to 31.1% from 29.0% in the prior year.

• Operating profit margin increased to 16.6% from 14.5% year-over-year.

• Ordinary profit margin reached 18.5%.

• Basic earnings per share rose to ¥187.53 from ¥153.09 year-over-year.

• Comprehensive income surged to ¥22,580 million from ¥10,008 million year-over-year.

Outlook and guidance

• Full-year net sales forecast at ¥560,000 million (up 4.4% year-over-year), with operating profit projected at ¥42,000 million (up 5.6%).

• Profit attributable to owners of parent expected to reach ¥65,600 million (down 6.5% year-over-year), with basic EPS forecast at ¥676.17.

• No changes to previously announced forecasts; results for the first quarter were within expectations.

• Forward-looking statements caution that actual results may differ due to various uncertainties.