Worth reading
62In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
4.7
%Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales5,594¥ millionYear on year +4.7%Progress 88.8%
Operating profit334¥ millionYear on year -3.4%Progress 68.6%
Ordinary income456¥ millionYear on year +16.5%Progress 90.7%
Net income attributable to owners of the parent336¥ millionYear on year +36.0%Progress 97.1%
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¥33.97
Operating Margin6.0%
Financial position at period-end
Total assets8,857¥ million
of which net assets 6,734 ¥ millionEquity ratio 76.0%vs. prior year-end -1.0pt
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+462
Investment-144
Financials-79
Net change+239
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¥1,627 million
Regional salesJapan Current fiscal year ¥2,016,670 thousand / Previous period ¥1,940,923 thousand / United States Current fiscal year ¥1,100,595 thousand / Previous period ¥1,144,447 thousand / China Current fiscal year ¥837,338 thousand / Previous period ¥820,866 thousand / Asia and Oceania Current fiscal year ¥1,269,773 thousand / Previous period ¥1,076,927 thousand / Other Current fiscal year ¥369,899 thousand / Previous period ¥361,635 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,299 million (YoY +12.6%)
Operating profit¥487 million (YoY +45.8%)
Ordinary income¥503 million (YoY +10.4%)
Net income¥346 million (YoY +3.0%)
Annual Dividend Forecast¥16 → ¥18（+12.5%）
Payout ratio50.9%
Shareholder Return PolicyThe policy is to pay a base dividend equivalent to 2% of total consolidated shareholders' equity at the beginning of the fiscal year, plus a special dividend equal to the combined total of 7.5% of net income attributable to owners of the parent for the previous fiscal year and the current fiscal year.
Factors Behind Changes in Business Performance
Sales in Japan and to Thailand generally remained strong year on year, while the China region was affected by economic stagnation. Although personnel and material costs continued to rise, the gross profit margin improved as a result of transferring some production of products for the US market in response to the impact of the US tariff policy on China.
Disclosure regarding the going concern assumption
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 Number of companies 1 / Company name TEIN Manufacturing(Thailand), Co., Ltd. / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsOn 30 April 2026, the company cancelled 188,692 treasury shares, reducing the total number of issued shares to 9,811,308.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4,985 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥822 thousand
Depreciation and amortization¥406,251 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End10,000,000
Treasury Shares at Period-End188,692
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥5,594 million (YoY +4.7%) |
| Operating profit | ¥334 million (YoY -3.4%) |
| Ordinary income | ¥456 million (YoY +16.5%) |
| Profit attributable to owners of the parent | ¥336 million (YoY +36.0%) |
| Net income per share | ¥33.97 |
| Operating Margin | 6.0% |
| Equity ratio | End of the current fiscal period 76.0% / End of previous period 77.0% |
| Total assets | ¥8,857 million |
| Net assets | ¥6,734 million |
| Cash flows from operating activities | ¥462 million |
| Cash flows from investing activities | ¥-144 million |
| Cash flows from financing activities | ¥-79 million |
| Cash and cash equivalents at end of period | ¥1,627 million |
| Full-year earnings forecast | Net Sales ¥6,299 million (YoY +12.6%) / Operating profit ¥487 million (YoY +45.8%) / Ordinary income ¥503 million (YoY +10.4%) / Net income ¥346 million (YoY +3.0%) |
| Annual Dividend Forecast | ¥16 → ¥18（+12.5%） |
| Payout ratio | 50.9% |
| Shareholder Return Policy | The policy is to pay a base dividend equivalent to 2% of total consolidated shareholders' equity at the beginning of the fiscal year, plus a special dividend equal to the combined total of 7.5% of net income attributable to owners of the parent for the previous fiscal year and the current fiscal year. |
| Regional sales | Japan Current fiscal year ¥2,016,670 thousand / Previous period ¥1,940,923 thousand / United States Current fiscal year ¥1,100,595 thousand / Previous period ¥1,144,447 thousand / China Current fiscal year ¥837,338 thousand / Previous period ¥820,866 thousand / Asia and Oceania Current fiscal year ¥1,269,773 thousand / Previous period ¥1,076,927 thousand / Other Current fiscal year ¥369,899 thousand / Previous period ¥361,635 thousand |
| Depreciation and amortization | ¥406,251 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥4,985 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥822 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 1 / Company name TEIN Manufacturing(Thailand), Co., Ltd. / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | On 30 April 2026, the company cancelled 188,692 treasury shares, reducing the total number of issued shares to 9,811,308. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 10,000,000 |
| Treasury Shares at Period-End | 188,692 |
| Factors Behind Changes in Business Performance | Sales in Japan and to Thailand generally remained strong year on year, while the China region was affected by economic stagnation. Although personnel and material costs continued to rise, the gross profit margin improved as a result of transferring some production of products for the US market in response to the impact of the US tariff policy on China. |
Items this document does not state (4)
Revision to Earnings ForecastSegment revenueSegment profitOrders received and order backlog
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.Sales in Japan and to Thailand were generally strong, while the China region was affected by economic stagnation. Despite higher personnel and material costs, the gross profit margin improved as a result of transferring some production from the Chinese factory to the company's Japanese head-office factory in response to the US tariff policy on China.
How to read this page
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