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Earnings presentation6995TOKAI RIKA CO.,LTD.Automobiles and transportation equipment

Financial Results Overview for the Second Quarter of the Fiscal Year Ending March 2027

Consolidated net sales rose 5.8% year on year to ¥333 billion, while operating income fell 17.7% to ¥17.5 billion and interim net income attributable to owners of the parent fell 49.0% to ¥9.9 billion. Full-year forecasts are net sales of ¥650 billion, operating income of ¥30 billion and net income attributable to owners of the parent of ¥20 billion, with no explicit indication in the materials that these forecasts were revised or left unchanged.

Worth reading
92Important
Scored from 3 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
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Wording
Definitive
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Contents of this document

Supplementary materials to the earnings reportSecond quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,330 100 million+5.8%
Operating profit¥175 100 million-17.7%
Ordinary income¥176 100 million-29.9%
Net income¥99 100 million-49.0%
Operating profit margin5.3 %
Full-year earnings forecast
Net Sales
¥6,500 100 million
Operating profit
¥300 100 million
Ordinary income
¥330 100 million
Profit attributable to owners of the parent
¥200 100 million
Capital Expenditure
¥330 100 million
Depreciation and amortization
¥250 100 million
Dividend per share
120 Yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Factors increasing operating profit
Foreign-Exchange Movements33
Cost Improvement32
Other4
Factors reducing operating profit
Decrease in profit due to lower sales12
Selling price changes6
Impact of raw material prices42
Increase in fixed costs47
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
October–March assumed exchange rate
US dollars¥150
Euro¥170 per euro
Full-year forecast exchange rate
US dollars¥154
Euro¥176
Key KPIsA metric the company considers important as a management benchmark.
  • Return on equity2.9 %
    Year on year against the same period last year-3.1%
  • Interim net income per share116.63 Yen
    Year on year against the same period last year-112.1%
  • Number of consolidated subsidiaries37 companies
    Year on year against the same period last year0.0%
  • Number of equity-method affiliates5 companies
    Year on year against the same period last year0.0%
  • Depreciation and amortization¥118 100 million
    Year on year against the same period last year+11.0%
Segment results
Japan
Net Sales
¥1,731 100 million+9.6%
Operating profit
¥3 100 million-71.1%
North America
Net Sales
¥918 100 million+5.4%
Operating profit
¥44 100 million-27.9%
Asia
Net Sales
¥975 100 million+1.5%
Operating profit
¥115 100 million-5.0%
Other
Net Sales
¥247 100 million+4.4%
Operating profit
¥17 100 million-9.7%
Adjustments
Net Sales
¥-542 100 million
Operating profit
¥-5 100 million
Capital expenditures
¥80 100 million
Annual Dividend
Annual dividend per share120 Yen
Interim60 Yen
End of period60 Yen
Payout ratio
50.4 %
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales¥3,330 100 million (YoY +5.8%)
Operating profit¥175 100 million (YoY -17.7%)
Ordinary income¥176 100 million (YoY -29.9%)
Net income¥99 100 million (YoY -49.0%)
Operating profit margin5.3 %
Full-year earnings forecastNet Sales ¥6,500 100 million / Operating profit ¥300 100 million / Ordinary income ¥330 100 million / Profit attributable to owners of the parent ¥200 100 million / Capital Expenditure ¥330 100 million / Depreciation and amortization ¥250 100 million / Dividend per share 120 Yen
Segment resultsJapan Net Sales ¥1,731 100 million (YoY +9.6%) / Operating profit ¥3 100 million (YoY -71.1%) / North America Net Sales ¥918 100 million (YoY +5.4%) / Operating profit ¥44 100 million (YoY -27.9%) / Asia Net Sales ¥975 100 million (YoY +1.5%) / Operating profit ¥115 100 million (YoY -5.0%) / Other Net Sales ¥247 100 million (YoY +4.4%) / Operating profit ¥17 100 million (YoY -9.7%) / Adjustments Net Sales ¥-542 100 million / Operating profit ¥-5 100 million
Breakdown of Factors Affecting the ChangeFactors increasing operating profit Foreign-Exchange Movements 33 / Cost Improvement 32 / Other 4 / Factors reducing operating profit Decrease in profit due to lower sales 12 / Selling price changes 6 / Impact of raw material prices 42 / Increase in fixed costs 47
Key KPIsIndicator name Return on equity / Value 2.9 % / Year on year against the same period last year -3.1 %, Indicator name Interim net income per share / Value 116.63 Yen / Year on year against the same period last year -112.1 Yen, Indicator name Number of consolidated subsidiaries / Value 37 companies / Year on year against the same period last year 0 companies, Indicator name Number of equity-method affiliates / Value 5 companies / Year on year against the same period last year 0 companies, Indicator name Depreciation and amortization / Value ¥118 100 million / Year on year against the same period last year ¥11 100 million
Assumptions Underlying the Business OutlookOctober–March assumed exchange rate US dollars ¥150 / Euro ¥170 per euro / Full-year forecast exchange rate US dollars ¥154 / Euro ¥176
Annual DividendAnnual dividend per share 120 Yen / Interim 60 Yen / End of period 60 Yen
Payout ratioValue 50.4 %
Capital expenditures¥80 100 million
Items this document does not state (16)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives

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 company cited foreign-exchange movements of ¥3.3 billion, cost improvements of ¥3.2 billion and other factors of ¥0.4 billion as factors contributing to the increase in operating income. Factors contributing to the decrease were a ¥1.2 billion decline in profit due to lower sales, selling-price movements of ¥0.6 billion, raw-material price impacts of ¥4.2 billion and a ¥4.7 billion increase in fixed costs.

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Financial Results Overview for the Second Quarter of the Fiscal Year Ending March 2027 | TOKAI RIKA CO.,LTD. (6995) timely disclosure | Komori