Toyoda Gosei (7282) Q1 2027 earnings summary

Executive summary

• Q1 revenue rose 16.7% year-over-year to ¥303.8 billion, driven by increased customer production, cost improvements, and favorable foreign exchange rates, despite external risks such as the Middle East situation.

• Operating profit increased 26.4% to ¥23.2 billion, with profit before tax up 41.3% to ¥25.7 billion and profit attributable to owners up 34.2% to ¥18.0 billion, reflecting higher sales and lower unit costs.

• Total assets at quarter-end were ¥1,020.4 billion, up ¥27.5 billion, mainly due to higher cash and cash equivalents.

• Equity increased by ¥13.0 billion to ¥628.1 billion, primarily from retained earnings growth.

Financial highlights

• Gross profit for the quarter was ¥49.8 billion, up from ¥41.1 billion year-over-year.

• Operating profit margin improved to 7.6% from 7.1% year-over-year.

• Basic earnings per share rose to ¥154.33 from ¥106.04 year-over-year.

• Total comprehensive income surged to ¥24.7 billion from ¥3.9 billion year-over-year.

• Cash and cash equivalents at period end were ¥165.3 billion, up from ¥151.4 billion year-over-year.

Outlook and guidance

• Full-year forecasts remain unchanged: revenue at ¥1.2 trillion, operating profit at ¥80.0 billion, and profit attributable to owners at ¥57.0 billion.

• Dividend forecast maintained at ¥175 per share, with year-end dividend forecast at ¥85.00 per share post-share split.

• Capital investment and R&D expenses for the year are projected at ¥72.0 billion and ¥47.0 billion, respectively.

• Basic earnings per share forecasted at ¥97.30 for the fiscal year ending March 31, 2027.

• No revisions to previously announced forecasts.