Topre (5975) investor relations material

Executive summary

• Net sales for the first nine months were ¥273,227 million, down 0.4% year-over-year, while operating profit rose 6.8% to ¥18,274 million and ordinary profit increased 12.8% to ¥24,083 million, driven by foreign exchange gains.

• Profit attributable to owners of parent company surged 28.7% year-over-year to ¥12,539 million.

• Comprehensive income more than doubled year-over-year to ¥21,558 million.

Financial highlights

• Gross profit for the period was ¥32,755 million, up from ¥31,200 million year-over-year.

• Net profit per share for the nine months was ¥252.76, up from ¥191.23 year-over-year.

• Equity capital ratio improved to 63.6% from 59.2% at the previous fiscal year-end.

• Net assets increased by ¥15,178 million to ¥238,435 million, mainly due to higher retained earnings.

Outlook and guidance

• Full-year net sales forecast revised to ¥370,000 million, down 1.0% year-over-year.

• Operating profit forecast at ¥24,000 million (down 16.2%), ordinary profit at ¥27,000 million (down 1.4%), and profit attributable to owners at ¥13,000 million (down 8.1%).

• Assumes an exchange rate of 150 yen to the U.S. dollar.