Worth reading
42Recurring
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
21.3
Year-on-year change in operating profit (%)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 2026, full year6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥327,894 million+3.6%
Operating profit¥11,624 million+21.3%
Ordinary income¥13,875 million+48.5%
Net income¥8,220 million+34.3%
Gross Profit Margin
Rate14.9%
Operating profit margin
Rate3.5%
Results for the three months of the current quarter
Revenue
¥93,532 million+5.6%
Operating profit
¥3,058 million-22.7%
Profit before quarterly income taxes
¥3,034 million-33.1%
Quarterly profit attributable to owners of the parent
¥1,612 million-57.1%
Full-year earnings forecast
Fiscal year ending March 2027
Revenue
¥320,000 million
Operating profit
¥14,000 million
Operating profit margin
4.4 %
Profit for the period attributable to owners of the parent
¥10,000 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Revenue102.5% of the initial plan for the fiscal year ended March 2026
Operating profit102.9% of the initial plan for the fiscal year ended March 2026
Profit for the period attributable to owners of the parent102.8% of the initial plan for the fiscal year ended March 2026
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate¥150.00 to US$1 (prior year: ¥150.67)
Memory pricesIncorporates soaring prices
Crude Oil PricesTakes into account the impact of higher prices associated with heightened geopolitical risks
New initiatives
- Toyo Denso Co., Ltd. is scheduled to become a wholly owned subsidiary during the fiscal year ending March 2027
Segment results
Automotive parts
Revenue
¥267,236 million
Operating profit
¥8,514 million
Four-wheel vehicle meters
Revenue
¥155,105 million
Operating profit
¥-4,383 million
Motorcycle meters
Revenue
¥82,291 million
Operating profit
¥9,560 million
Consumer products
Revenue
¥13,881 million
Operating profit
¥-307 million
Resin compounds
Revenue
¥8,727 million
Operating profit
¥158 million
Automobile Sales
Revenue
¥27,000 million
Operating profit
¥1,332 million
Medium-term management plan targets
Operating profit
¥16,500 million
Target fiscal yearFiscal year ending March 2027
Operating profit margin
5 %
Target fiscal yearFiscal year ending March 2027
Annual Dividend
Fiscal year ending March 2026
¥80 per share
Interim40
End of period40
Forecast for the fiscal year ending March 2027
¥90 per share
Interim45
End of period45
Payout ratio
Total payout ratio80 %
Period CoveredFiscal years ending March 2025 to March 2027
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥327,894 million (YoY +3.6%) |
| Operating profit | ¥11,624 million (YoY +21.3%) |
| Ordinary income | ¥13,875 million (YoY +48.5%) |
| Net income | ¥8,220 million (YoY +34.3%) |
| Gross Profit Margin | Rate 14.9% / Year-on-year change (points) Not disclosed |
| Operating profit margin | Rate 3.5% / Year-on-year change (points) Not disclosed |
| Results for the three months of the current quarter | Revenue ¥93,532 million (YoY +5.6%) / Operating profit ¥3,058 million (YoY -22.7%) / Profit before quarterly income taxes ¥3,034 million (YoY -33.1%) / Quarterly profit attributable to owners of the parent ¥1,612 million (YoY -57.1%) |
| Full-year earnings forecast | Subject Fiscal year ending March 2027 / Revenue ¥320,000 million / Operating profit ¥14,000 million / Operating profit margin 4.4 % / Profit for the period attributable to owners of the parent ¥10,000 million |
| Progress against full-year forecast | Revenue 102.5% of the initial plan for the fiscal year ended March 2026 / Operating profit 102.9% of the initial plan for the fiscal year ended March 2026 / Profit for the period attributable to owners of the parent 102.8% of the initial plan for the fiscal year ended March 2026 |
| Segment results | Automotive parts Revenue ¥267,236 million / Operating profit ¥8,514 million / Four-wheel vehicle meters Revenue ¥155,105 million / Operating profit ¥-4,383 million / Motorcycle meters Revenue ¥82,291 million / Operating profit ¥9,560 million / Consumer products Revenue ¥13,881 million / Operating profit ¥-307 million / Resin compounds Revenue ¥8,727 million / Operating profit ¥158 million / Automobile Sales Revenue ¥27,000 million / Operating profit ¥1,332 million |
| Assumptions Underlying the Business Outlook | Exchange rate ¥150.00 to US$1 (prior year: ¥150.67) / Memory prices Incorporates soaring prices / Crude Oil Prices Takes into account the impact of higher prices associated with heightened geopolitical risks |
| Medium-term management plan targets | Operating profit ¥16,500 million / Operating profit margin 5 % |
| Annual Dividend | Fiscal year ending March 2026 ¥80 per share / Forecast for the fiscal year ending March 2027 ¥90 per share |
| Payout ratio | Total payout ratio 80 % / Period Covered Fiscal years ending March 2025 to March 2027 |
| New initiatives | Toyo Denso Co., Ltd. is scheduled to become a wholly owned subsidiary during the fiscal year ending March 2027 |
Items this document does not state (14)
Selling, general and administrative expensesSelf-assessment against the planBreakdown of Factors Affecting the ChangeKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 fiscal year ended March 2026, revenue and profit increased because sales of motorcycle instruments performed well in ASEAN, India and South America, while higher revenue from motorcycle instruments and cost reduction activities contributed to the results. For the fiscal year ending March 2027, revenue is expected to decline due to lower sales of automotive instruments resulting from the declining share of Japanese and European OEMs in the Chinese market, while an increase in operating profit is planned, supported by contributions from motorcycle instruments and cost reduction activities. The outlook also incorporates soaring memory prices and the impact of higher crude oil prices associated with geopolitical risks.
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.