Consolidated results for the second quarter (interim period) of the fiscal year ending February 2027
TOKYO BOARD INDUSTRIES CO.,LTD. Group (the Group)
Sakura plant and certain land and buildings in the Shinkiba area
Small fire on the Sakura plant's production line, the housing market remaining at a low level, the impact of U.S. tariff policies, and persistently high energy prices and raw material costs resulting from the prolonged situations in Ukraine and the Middle East
Net sales: ¥2,046.342 million; operating loss: ¥304.017 million; ordinary loss: ¥353.535 million; interim net income attributable to owners of the parent: ¥3,916.597 million. For the Sakura plant, a disaster-related loss of ¥351.912 million was recorded as an extraordinary loss. Insurance proceeds were recorded as an extraordinary gain of ¥316.921 million in the interim consolidated income statement and as ¥309.921 million in the additional information.
Second quarter (interim period) of the fiscal year ending February 2027 (1 March 2026 to 31 August 2026)
The full-year earnings forecast announced on 13 July 2026 remains unchanged. If it becomes necessary to revise the forecast, the Company plans to disclose the revision promptly.
Company response
Production at the Sakura plant. Operations were suspended after the small fire on 1 November 2025 and resumed on 10 June 2026.
10 June 2026 (production has resumed)
1) Promoting the development of a circular society, 2) safety initiatives, 3) improving employee motivation and capabilities and reforming work practices, 4) improving productivity and the earnings structure, and 5) securing and developing personnel engaged in research and development.
The Group will promote the above measures and work to improve its earnings capacity and strengthen its financial position. It will strengthen coordination with business partners, establish a cooperative framework as necessary, and hold regular discussions with relevant financial institutions.
If it becomes necessary to revise the earnings forecast, the Company plans to disclose the revision promptly.
| Item | Details |
|---|---|
| Event name | Consolidated results for the second quarter (interim period) of the fiscal year ending February 2027 |
| Date of occurrence | 31 August 2026 (the end of the interim consolidated accounting period; the small fire at the Sakura plant occurred on 1 November 2025) |
| Subject Entity | TOKYO BOARD INDUSTRIES CO.,LTD. Group (the Group) |
| Target Locations / Products | Sakura plant and certain land and buildings in the Shinkiba area |
| Cause | Small fire on the Sakura plant's production line, the housing market remaining at a low level, the impact of U.S. tariff policies, and persistently high energy prices and raw material costs resulting from the prolonged situations in Ukraine and the Middle East |
| Amount of Impact on Business Performance | Net sales: ¥2,046.342 million; operating loss: ¥304.017 million; ordinary loss: ¥353.535 million; interim net income attributable to owners of the parent: ¥3,916.597 million. For the Sakura plant, a disaster-related loss of ¥351.912 million was recorded as an extraordinary loss. Insurance proceeds were recorded as an extraordinary gain of ¥316.921 million in the interim consolidated income statement and as ¥309.921 million in the additional information. |
| Accounting period in which recognized | Second quarter (interim period) of the fiscal year ending February 2027 (1 March 2026 to 31 August 2026) |
| Impact on Earnings Forecast | The full-year earnings forecast announced on 13 July 2026 remains unchanged. If it becomes necessary to revise the forecast, the Company plans to disclose the revision promptly. |
| Suspended operations | Production at the Sakura plant. Operations were suspended after the small fire on 1 November 2025 and resumed on 10 June 2026. |
| Scheduled resumption date | 10 June 2026 (production has resumed) |
| Measures to prevent recurrence | 1) Promoting the development of a circular society, 2) safety initiatives, 3) improving employee motivation and capabilities and reforming work practices, 4) improving productivity and the earnings structure, and 5) securing and developing personnel engaged in research and development. |
| Outlook | The Group will promote the above measures and work to improve its earnings capacity and strengthen its financial position. It will strengthen coordination with business partners, establish a cooperative framework as necessary, and hold regular discussions with relevant financial institutions. |
| Planned follow-up disclosure | If it becomes necessary to revise the earnings forecast, the Company plans to disclose the revision promptly. |
Items this document does not state (12)
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 cited include the suspension of operations following a small fire on the Sakura plant's production line, the continued low level of the housing market, and persistently high energy prices and raw material costs resulting from U.S. tariff policies and the prolonged situations in Ukraine and the Middle East. On the profit side, gains on the sale of fixed assets, including gains from the sale of certain land and buildings in the Shinkiba area, contributed to results.