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Taiyo Holdings (4626) investor relations material
Taiyo Holdings Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales rose 16% year-over-year to ¥137,851 million for FY2026/3, driven by strong demand in electronics and medical segments, with operating income up 47% to ¥32,529 million and net income up 123% to ¥24,011 million.
Comprehensive income increased 221.5% year-over-year to ¥29,815 million.
The company supported a tender offer by KJ005 Co., Ltd. (KKR) and adopted a neutral stance on shareholder participation.
Financial highlights
EBITDA grew 30% year-over-year to ¥41,225 million, with an EBITDA margin of 30%.
Operating income margin improved to 24% from 19% year-over-year.
Equity to asset ratio increased to 57.3% from 53.6%.
ROE rose to 14.6% and ROIC to 14.4%, reflecting higher profitability and lower interest-bearing debt.
Cash and cash equivalents at year-end were ¥42,542 million.
Outlook and guidance
FY2027/3 net sales forecasted to rise 7% to ¥146,300 million; operating income expected to grow 5% to ¥34,300 million.
Electronics segment sales projected to increase 7%, with PKG products benefiting from AI-driven demand.
Medical and Pharmaceuticals sales expected to rise 3%, but operating income forecasted to decline 21% due to higher costs.
No interim or year-end dividends planned for FY2027 due to the tender offer.
Assumed exchange rate for FY2027/3 is 150.0 JPY/USD.
- Double-digit sales and profit growth, revised forecasts, and a stock split impact.4626
Q3 20264 Feb 2026 - Strong sales and profit growth, raised guidance, higher dividends, and a stock split announced.4626
Q2 20266 Nov 2025 - First-quarter sales and profits soared, led by electronics, with upgraded full-year outlook.4626
Q1 20253 Oct 2025 - Strong sales and profit growth, but comprehensive income fell on currency impacts.4626
Q2 20253 Oct 2025 - Strong sales and profit growth led to upward forecast revisions and improved equity ratio.4626
Q3 20253 Oct 2025 - Strong sales and profit growth, led by electronics, with mixed outlook across segments.4626
Q4 20253 Oct 2025 - Strong 1Q growth, raised FY2026 outlook, and a one-time loss for shareholder meeting expenses.4626
Q1 20263 Oct 2025
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