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Results7231TOPY INDUSTRIES,LIMITEDAutomobiles and transportation equipment

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

For the interim period of the fiscal year ending March 2027, revenue increased 9.7% year on year and operating profit increased 10.9%, resulting in higher revenue and profit overall. Meanwhile, the full-year outlook was revised and projects sales and operating profit, while net income attributable to owners of the parent is expected to decrease 25.1% from the previous fiscal year.

Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
9.7
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales156,900¥ millionYear on year +9.7%Progress 47.3%
Operating profit3,611¥ millionYear on year +10.9%Progress 42.5%
Ordinary income3,428¥ millionYear on year +1.1%Progress 39.9%
Net income attributable to owners of the parent3,158¥ millionYear on year +27.2%

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¥146.97
Financial position at period-end
Total assets285,272¥ million
of which net assets 146,843 ¥ millionEquity ratio 51.0%vs. prior year-end -2.0pt

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.

Segment revenueIron and steel ¥43,830 million (YoY -3.4%), Automotive and industrial machinery components ¥109,514 million (YoY +16.2%), Other ¥3,555 million (YoY +6.2%)
Segment profitIron and steel ¥-1,283 million, Automotive and industrial machinery components ¥7,411 million (YoY +69.7%), Other ¥515 million (YoY +25.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥332,000 million (YoY +11.5%)
Operating profit¥8,500 million (YoY +9.2%)
Ordinary income¥8,600 million (YoY -0.2%)
Profit attributable to owners of the parent¥7,600 million (YoY -25.1%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥332,000 million / Operating profit Not disclosed → ¥8,500 million / Ordinary income Not disclosed → ¥8,600 million / Profit attributable to owners of the parent Not disclosed → ¥7,600 million
Annual Dividend Forecast¥130 → ¥135(+3.8%)
Factors Behind Changes in Business Performance

Robust demand in the automotive industry, increased domestic automobile production, higher sales volumes of undercarriage components for construction machinery and other products, foreign exchange effects, and temporary adjustments related to a change in how raw material prices are reflected in selling prices. In the steel segment, the spread narrowed due to sluggish domestic demand for steel products and higher iron scrap prices.

Disclosure regarding the going concern assumption

None

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 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss非開示
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5 million, Gain on sale of investment securities ¥1,371 million, Subsidy Income ¥302 million / Total extraordinary income ¥1,679 million / Extraordinary loss Loss on sale of property, plant and equipment ¥0 million, Loss on disposal of fixed assets ¥79 million, Impairment Losses on Investment Securities ¥0 million, Loss on reduction of non-current assets ¥302 million / Total extraordinary losses ¥383 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End24,077,510
Treasury Shares at Period-End2,900,013
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥156,900 million (YoY +9.7%)
Operating profit¥3,611 million (YoY +10.9%)
Ordinary income¥3,428 million (YoY +1.1%)
Profit attributable to owners of the parent¥3,158 million (YoY +27.2%)
Net income per share¥146.97
Equity ratioEnd of the current fiscal period 51 / End of previous period 53
Total assets¥285,272 million
Net assets¥146,843 million
Full-year earnings forecastNet Sales ¥332,000 million (YoY +11.5%) / Operating profit ¥8,500 million (YoY +9.2%) / Ordinary income ¥8,600 million (YoY -0.2%) / Profit attributable to owners of the parent ¥7,600 million (YoY -25.1%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥332,000 million / Operating profit Not disclosed → ¥8,500 million / Ordinary income Not disclosed → ¥8,600 million / Profit attributable to owners of the parent Not disclosed → ¥7,600 million
Annual Dividend Forecast¥130 → ¥135(+3.8%)
Segment revenueIron and steel ¥43,830 million (YoY -3.4%), Automotive and industrial machinery components ¥109,514 million (YoY +16.2%), Other ¥3,555 million (YoY +6.2%)
Segment profitIron and steel ¥-1,283 million, Automotive and industrial machinery components ¥7,411 million (YoY +69.7%), Other ¥515 million (YoY +25.2%)
Impairment loss非開示
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5 million, Gain on sale of investment securities ¥1,371 million, Subsidy Income ¥302 million / Total extraordinary income ¥1,679 million / Extraordinary loss Loss on sale of property, plant and equipment ¥0 million, Loss on disposal of fixed assets ¥79 million, Impairment Losses on Investment Securities ¥0 million, Loss on reduction of non-current assets ¥302 million / Total extraordinary losses ¥383 million
Disclosure regarding the going concern assumptionNone
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End24,077,510
Treasury Shares at Period-End2,900,013
Factors Behind Changes in Business PerformanceRobust demand in the automotive industry, increased domestic automobile production, higher sales volumes of undercarriage components for construction machinery and other products, foreign exchange effects, and temporary adjustments related to a change in how raw material prices are reflected in selling prices. In the steel segment, the spread narrowed due to sluggish domestic demand for steel products and higher iron scrap prices.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationMaterial subsequent events

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 factors contributing to higher profit were robust demand in the automotive industry, increased domestic automobile production, higher sales volumes of undercarriage components for construction machinery and other products, foreign exchange effects, and temporary adjustments related to a change in how raw material prices are reflected in selling prices. In the steel segment, however, the spread narrowed due to sluggish domestic demand for steel products and higher iron scrap prices, resulting in lower profit.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | TOPY INDUSTRIES,LIMITED (7231) timely disclosure | Komori