Komori
Earnings5332TOTO LTD.Construction and Materials

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the fiscal year ending March 2027, revenue and operating income exceeded the same period of the previous fiscal year, while interim net income attributable to owners of the parent also increased significantly. The full-year earnings forecast was revised, and the annual dividend forecast was increased from the previous fiscal year's actual dividend of ¥110 to ¥120.

Worth reading
42Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
21.2
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales364,675¥ millionYear on year +4.4%Progress 47.1%
Operating profit25,182¥ millionYear on year +21.2%Progress 42.0%
Ordinary income24,812¥ millionYear on year +7.5%Progress 42.8%
Net income attributable to owners of the parent21,315¥ millionYear on year +142.5%Progress 46.3%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥129.63
Financial position at period-end
Total assets830,342¥ million
of which net assets 552,129 ¥ millionEquity ratio 65.7%vs. prior year-end +1.9pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+3,995
Investment-12,421
Financials-10,644
Net change-19,070

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥113,057 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥775,000 million (YoY +5.1%)
Operating profit¥60,000 million (YoY +11.6%)
Ordinary income¥58,000 million (YoY -4.4%)
Net income¥46,000 million (YoY +14.3%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥775,000 million / Operating profit Not disclosed → ¥60,000 million / Ordinary income Not disclosed → ¥58,000 million / Net income Not disclosed → ¥46,000 million
Annual Dividend Forecast110 yen → 120 yen(+9.1%)
Disclosure regarding the going concern assumption

There are no applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Material subsequent eventsAt a meeting of the Board of Directors held on 30 October 2026, the Company resolved matters relating to the acquisition of treasury shares and the cancellation of treasury shares.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥27 million, Gain on sale of investment securities ¥5,993 million / Extraordinary loss Impairment loss on investment securities ¥13 million
Depreciation and amortization¥17,708 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (target audience: Not disclosed)
Issued Shares at Period-End166,358,397
Treasury Shares at Period-End1,903,860
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥364,675 million (YoY +4.4%)
Operating profit¥25,182 million (YoY +21.2%)
Ordinary income¥24,812 million (YoY +7.5%)
Profit attributable to owners of the parent¥21,315 million (YoY +142.5%)
Net income per share¥129.63
Equity ratioEnd of the current fiscal period 65.7% / End of previous period 63.8%
Total assets¥830,342 million
Net assets¥552,129 million
Cash flows from operating activities¥3,995 million
Cash flows from investing activities¥-12,421 million
Cash flows from financing activities¥-10,644 million
Cash and cash equivalents at end of period¥113,057 million
Full-year earnings forecastNet Sales ¥775,000 million (YoY +5.1%) / Operating profit ¥60,000 million (YoY +11.6%) / Ordinary income ¥58,000 million (YoY -4.4%) / Net income ¥46,000 million (YoY +14.3%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥775,000 million / Operating profit Not disclosed → ¥60,000 million / Ordinary income Not disclosed → ¥58,000 million / Net income Not disclosed → ¥46,000 million
Annual Dividend Forecast110 yen → 120 yen(+9.1%)
Depreciation and amortization¥17,708 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥27 million, Gain on sale of investment securities ¥5,993 million / Extraordinary loss Impairment loss on investment securities ¥13 million
Disclosure regarding the going concern assumptionThere are no applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Material subsequent eventsAt a meeting of the Board of Directors held on 30 October 2026, the Company resolved matters relating to the acquisition of treasury shares and the cancellation of treasury shares.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (target audience: Not disclosed)
Issued Shares at Period-End166,358,397
Treasury Shares at Period-End1,903,860
Items this document does not state (9)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossFactors Behind Changes in Business Performance

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.

The reasons for the change in earnings are not stated in the body of the disclosure.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | TOTO LTD. (5332) timely disclosure | Komori