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Revision of earnings forecasts5332TOTO LTD.Construction and Materials

Notice Regarding Differences Between Full-Year Consolidated Earnings Forecasts and Results, and Differences Between Non-Consolidated Results and Results for the Previous Fiscal Year

Full-year consolidated results for the fiscal year ending March 2026 exceeded the previous forecast in all four metrics: net sales, operating income, ordinary income and net income. Full-year individual results also increased in both sales and profit from the previous fiscal year.

Worth reading
67In focus
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
38.82
%
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 31 October 2025
Net Sales734,500→737,441Millions of yen
+0.4%
Operating profit49,000→53,759Millions of yen
+9.7%
Ordinary income50,000→60,689Millions of yen
+21.4%
Profit attributable to owners of the parent29,000→40,257Millions of yen
+38.8%
Net income per share175.91→243.01yen
+38.1%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Consolidated: the impact of expanding sales of new products in the Japan housing equipment business, higher sales in new business areas amid strong semiconductor market conditions, foreign exchange gains resulting from the yen weakening more than expected, and an increase in gains on the sale of investment securities. Individual: an increase in electrostatic chuck sales volumes and other factors amid strong semiconductor market conditions, an increase in ordinary income, and an increase in gains on the sale of investment securities.

Previous-period resultsConsolidated: net sales of ¥724,454 million, operating income of ¥48,479 million, ordinary income of ¥50,369 million, net income attributable to owners of the parent of ¥12,168 million, and earnings per share of ¥71.73. Individual: net sales of ¥479,433 million, operating income of ¥18,839 million, ordinary income of ¥33,640 million, net income of ¥30,490 million, and earnings per share of ¥179.73.
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net Sales734,500 Millions of yen → 737,441 Millions of yen(+0.4%)
Operating profit49,000 Millions of yen → 53,759 Millions of yen(+9.7%)
Ordinary income50,000 Millions of yen → 60,689 Millions of yen(+21.4%)
Profit attributable to owners of the parent29,000 Millions of yen → 40,257 Millions of yen(+38.8%)
Net income per share175.91 yen → 243.01 yen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast31 October 2025
Previous-period resultsConsolidated: net sales of ¥724,454 million, operating income of ¥48,479 million, ordinary income of ¥50,369 million, net income attributable to owners of the parent of ¥12,168 million, and earnings per share of ¥71.73. Individual: net sales of ¥479,433 million, operating income of ¥18,839 million, ordinary income of ¥33,640 million, net income of ¥30,490 million, and earnings per share of ¥179.73.
Reason for the revisionConsolidated: the impact of expanding sales of new products in the Japan housing equipment business, higher sales in new business areas amid strong semiconductor market conditions, foreign exchange gains resulting from the yen weakening more than expected, and an increase in gains on the sale of investment securities. Individual: an increase in electrostatic chuck sales volumes and other factors amid strong semiconductor market conditions, an increase in ordinary income, and an increase in gains on the sale of investment securities.
Consolidated / non-consolidatedConsolidated/non-consolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

For the consolidated results, the stated reasons were the impact of expanding sales of new products in the Japan housing equipment business, higher sales in new business areas amid strong semiconductor market conditions, foreign exchange gains resulting from the yen weakening more than expected, and an increase in gains on the sale of investment securities. For the individual results, the stated reasons were an increase in electrostatic chuck sales volumes amid strong semiconductor market conditions and an increase in gains on the sale of investment securities.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between Full-Year Consolidated Earnings Forecasts and Results, and Differences Between Non-Consolidated Results and Results for the Previous Fiscal Year | TOTO LTD. (5332) timely disclosure | Komori