Toyoda Gosei (7282) Q2 2026 earnings summary

Executive summary

• Achieved higher sales volumes and cost improvements, offsetting US tariffs and leading to an upward revision of forecasts.

• Interim dividend maintained at 50 yen per share as initially forecast.

• Revenue for the six months ended September 30, 2025, rose 3.8% year-over-year to ¥535.6 billion, driven by increased customer production volume.

• Operating profit increased 14.0% year-over-year to ¥32.9 billion, and profit attributable to owners of parent surged 52.3% to ¥27.7 billion.

• Total assets grew to ¥943.0 billion as of September 30, 2025, with equity rising to ¥605.0 billion.

Financial highlights

• Q2 FY2025 revenue rose 3.8% year-over-year to ¥535.6bn, with operating profit up 14.0% to ¥32.9bn.

• Profit before tax increased 41.0% to ¥35.7bn; profit attributable to owners rose 52.3% to ¥27.7bn.

• Basic earnings per share: ¥218.22, up from ¥143.36 in the prior year period.

• Cash and cash equivalents increased by ¥48.4bn to ¥167.2bn at period end.

• Free cash flow for the period was ¥57.3bn, driven by strong operating cash flow.

Outlook and guidance

• Full-year FY2025 revenue forecast revised upward to ¥1,059.7bn, with operating profit forecast at ¥59.8bn.

• Profit before tax forecast at ¥59.1bn, profit attributable to owners at ¥36.3bn.

• Dividend forecast for FY2026 is ¥110.00 per share, up from ¥105.00 in the previous year.

• Exchange rate assumptions: ¥140/USD for Q3 and Q4, ¥143/USD for the full year.

• Capital expenditure and R&D expenses for FY2025 forecast at ¥57.0bn and ¥44.0bn, respectively.