Toshiba Tec (6588) Q4 2026 earnings summary

Executive summary

• FY2025 operating profit was ¥14.3B, down ¥5.9B year-over-year, mainly due to US tariffs, but profitability improved each quarter as tariff measures took effect.

• Net profit for FY2025 was a loss of ¥2.3B, impacted by extraordinary losses including valuation loss on investment securities and provisions for economic compensation, but operating profit recovered in the second half.

• Year-end dividend of ¥20 per share will be paid, a decrease of ¥5 from the previous year.

• Transition underway from hardware-centric to recurring solutions business, with ELERA platform deployed by 13 top global retailers in over 30 countries.

• Net sales for FY2025 were ¥569.3B, down 1% year-over-year, with significant recovery in the second half after a weak first half due to U.S. tariff impacts and delayed customer investments.

Financial highlights

• FY2025 net sales were ¥569.3B, down ¥7.8B year-over-year.

• Operating profit for FY2025 was ¥14.3B (2.5% margin), down from ¥20.3B (3.5%) in FY2024.

• Ordinary profit was ¥10.6B, down from ¥18.3B in FY2024.

• Profit attributable to owners was a loss of ¥2.3B, compared to a profit of ¥29.9B in FY2024.

• Capital adequacy ratio declined to 26.0% from 31.2% year-over-year.

Outlook and guidance

• FY2026 net sales forecast at ¥590.0B, up ¥20.7B year-over-year.

• Operating profit expected to rise to ¥20.0B (3.4% margin), up ¥5.7B.

• Profit attributable to owners forecast at ¥7.0B, a turnaround from FY2025 loss.

• Dividend forecast doubled to ¥40 per share.

• Basic earnings per share forecast is ¥132.10.