Toyoda Gosei (7282) Q3 2026 earnings summary

Executive summary

• Revenue for Q3 FY2025 rose 5.5% year-over-year to ¥830.6bn, driven by higher customer production volumes and cost improvements despite APR and salary increases.

• Operating profit increased 11.5% year-over-year to ¥52.5bn, with profit attributable to owners of parent up 36.0% to ¥43.9bn.

• Profit before tax grew 22.6% to ¥60.4bn; comprehensive income rose 37.2% to ¥70.2bn.

• ROE improved to 10.3% and TG-ROIC to 14.3%.

• Basic earnings per share increased to ¥345.38 from ¥254.01 year-over-year.

Financial highlights

• Gross profit for the nine months was ¥126.5bn, up from ¥114.4bn year-over-year.

• Total assets at December 31, 2025, were ¥1,012.9bn, up ¥99.8bn from March 31, 2025.

• Equity attributable to owners of parent rose to ¥591.8bn from ¥542.6bn at the previous fiscal year-end.

• Cash and cash equivalents increased by ¥59.5bn during the period, ending at ¥178.3bn.

• Free cash flow for the period was ¥79.6bn.

Outlook and guidance

• Full-year FY2025 forecasts revised upward: revenue expected at ¥1,140bn, operating profit at ¥70bn, and profit attributable to owners of parent at ¥53bn.

• Basic earnings per share forecast for the full year is ¥422.51.

• Dividend forecast for the year is ¥110.00 per share and remains unchanged.

• Upward revision mainly due to increased sales and favorable foreign exchange impact.

• Exchange rate assumptions: ¥150/USD for Q4 and ¥149/USD for the full year.