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Earnings presentation8151TOYO CorporationTrading & Wholesale

Financial Results Briefing Materials for the Fiscal Year Ending September 2026

For the fiscal year ended September 2026, revenue, operating profit and net income increased significantly, driven by the recognition of revenue from the order backlog, an increase in high-margin projects and the effects of M&A. For the fiscal year ending September 2027, the company forecasts revenue of ¥50.0 billion and operating profit of ¥5.0 billion, assuming the consolidation of アロカ and the recognition of a large defense project.

Worth reading
68In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
1598
Millions of yen (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending September 202613 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥38,371 million+17.9%
Operating profit¥3,512 million+83.5%
Ordinary income¥3,716 million+87.2%
Net income¥2,397 million+100.5%
Gross Profit Margin44.4 %
Operating profit margin9.2 %
Full-year earnings forecast
Net Sales
¥50,000 million
Operating profit
¥5,000 million
Operating profit margin
10 %
Ordinary income
¥4,850 million
Net income for the current fiscal year
¥3,500 million
ROE
12 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Revenue growth effect¥2,195 million
  • Increase in gross profit margin¥236 million
  • Profit contribution from M&A¥278 million
  • Increase in personnel expenses¥-782 million
  • Increase in other SG&A expenses¥-329 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Order backlog at the start of the fiscal year
    DetailsOrder backlog accumulated at a high level
  • Large defense project
    DetailsScheduled for revenue recognition in the fiscal year ending September 2027
  • アロカ
    DetailsIncorporated into the earnings forecast through consolidation
New initiatives
  • Making アロカ株式会社 a subsidiary
  • Introduction and installation of 2 IQM quantum computers
  • Launch of joint research into quantum sensing technology with QST and Type-I Technologies
  • Delivery of a large project for ROTOTEST Energy and rollout of the VILS integrated system
  • Acquisition of 730 thousand treasury shares and cancellation of 4 million shares
  • Introduction of a shareholder benefit program
  • Change in the business execution structure in October 2025
  • Introduction of a performance-linked share-based compensation plan linked to ESG metrics
Key KPIsA metric the company considers important as a management benchmark.
  • ROE8.6 %
    Year on year against the same period last year+4.3P
  • Orders received¥39,573 million
    Year on year against the same period last year-1.4%
  • Order backlog¥25,827 million
    Year on year against the same period last year+4.9%
  • PBR1.39 Times
    Year on year against the same period last year1.23 times the same period of the previous year
  • Cost of equity6.5～7.9
  • Number of IR meetings73 Meetings
    Year on year against the same period last year39 meetings
  • Trading volume174 Thousand shares
    Year on year against the same period last year36 thousand shares
Segment results
  • Advanced Mobility
    Net Sales¥9,569 million (YoY +26.0%)
    Segment profit¥1,663 million (YoY +135.1%)
  • Decarbonization / Energy
    Net Sales¥6,190 million (YoY +6.0%)
    Segment profit¥1,128 million (YoY +19.6%)
  • Information and Communications / Information Security
    Net Sales¥9,324 million (YoY +14.8%)
    Segment profit¥888 million (YoY +29.4%)
  • EMC / Large Antennas
    Net Sales¥4,981 million (YoY +12.5%)
    Segment profit¥439 million (YoY +160.4%)
  • Other businesses
    Net Sales¥8,305 million (YoY +26.4%)
    Segment profit¥1,224 million (YoY +93.9%)
Medium-term management plan targets
Plan nameTY2027
Target fiscal yearFiscal year ending September 2027
Net Sales
45000＋α（M&A）
Operating profit
¥4,500 million
ROE
11 %
Comparison with actual results and forecastsThe forecast for the fiscal year ending September 2027 is revenue of ¥50,000 million, operating profit of ¥5,000 million and ROE of 12.0%, and is expected to exceed the management targets for TY2027
Financial targets
  • ROE
    Target value11.0%（TY2027）、15%（BT600-2030）
    Actual value8.6% (fiscal year ended September 2026)
  • DOE
    Target value5% or more
Market Size / Share
The materials state that アロカ has a high market share in its core product area of radiation measurement equipment. However, the specific share percentage is Not disclosed.
Orders received and order backlog
Orders received
¥39,573 million-1.4%
Order backlog
¥25,827 million+4.9%
Number of employees
アロカ株式会社
252 people
As ofEnd of December 2025
Capital expenditures
¥3.6 100 million actual through the fiscal year ended September 2026
Annual Dividend
Fiscal year ending September 2026
Annual¥70 per share
Interim¥30 per share
End of period¥40 per share
Forecast for the fiscal year ending September 2027
Annual¥71 per share
Interim¥30 per share
End of period¥41 per share
Acquisition of treasury shares
Number of Shares730 thousand shares
Total acquisition amount¥1,499,862,104
Acquisition period6 August 2026 to 24 August 2026
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFiscal year ending September 2026
Net Sales¥38,371 million (YoY +17.9%)
Operating profit¥3,512 million (YoY +83.5%)
Ordinary income¥3,716 million (YoY +87.2%)
Net income¥2,397 million (YoY +100.5%)
Gross Profit Margin44.4 %
Operating profit margin9.2 %
Full-year earnings forecastNet Sales ¥50,000 million / Operating profit ¥5,000 million / Operating profit margin 10 % / Ordinary income ¥4,850 million / Net income for the current fiscal year ¥3,500 million / ROE 12 %
Segment resultsSegment Advanced Mobility / Net Sales ¥9,569 million (YoY +26.0%) / Segment profit ¥1,663 million (YoY +135.1%), Segment Decarbonization / Energy / Net Sales ¥6,190 million (YoY +6.0%) / Segment profit ¥1,128 million (YoY +19.6%), Segment Information and Communications / Information Security / Net Sales ¥9,324 million (YoY +14.8%) / Segment profit ¥888 million (YoY +29.4%), Segment EMC / Large Antennas / Net Sales ¥4,981 million (YoY +12.5%) / Segment profit ¥439 million (YoY +160.4%), Segment Other businesses / Net Sales ¥8,305 million (YoY +26.4%) / Segment profit ¥1,224 million (YoY +93.9%)
Breakdown of Factors Affecting the ChangeFactors Revenue growth effect / Amount ¥2,195 million, Factors Increase in gross profit margin / Amount ¥236 million, Factors Profit contribution from M&A / Amount ¥278 million, Factors Increase in personnel expenses / Amount ¥-782 million, Factors Increase in other SG&A expenses / Amount ¥-329 million
Key KPIsIndicator name ROE / Value 8.6 % / Year on year against the same period last year +4.3P, Indicator name Orders received / Value ¥39,573 million / Year on year against the same period last year -1.4%, Indicator name Order backlog / Value ¥25,827 million / Year on year against the same period last year +4.9%, Indicator name PBR / Value 1.39 Times / Year on year against the same period last year 1.23 times the same period of the previous year, Indicator name Cost of equity / Value 6.5～7.9 / Year on year against the same period last year Not disclosed, Indicator name Number of IR meetings / Value 73 Meetings / Year on year against the same period last year 39 meetings, Indicator name Trading volume / Value 174 Thousand shares / Year on year against the same period last year 36 thousand shares
Number of employeesアロカ株式会社 252 people
Assumptions Underlying the Business OutlookItem Order backlog at the start of the fiscal year / Details Order backlog accumulated at a high level, Item Large defense project / Details Scheduled for revenue recognition in the fiscal year ending September 2027, Item アロカ / Details Incorporated into the earnings forecast through consolidation
Medium-term management plan targetsPlan name TY2027 / Target fiscal year Fiscal year ending September 2027 / Net Sales 45000＋α（M&A） / Operating profit ¥4,500 million / ROE 11 % / Comparison with actual results and forecasts The forecast for the fiscal year ending September 2027 is revenue of ¥50,000 million, operating profit of ¥5,000 million and ROE of 12.0%, and is expected to exceed the management targets for TY2027
Financial targetsIndicator ROE / Target value 11.0%（TY2027）、15%（BT600-2030） / Actual value 8.6% (fiscal year ended September 2026), Indicator DOE / Target value 5% or more / Actual value Not disclosed
Annual DividendFiscal year ending September 2026 Annual ¥70 per share / Interim ¥30 per share / End of period ¥40 per share / Forecast for the fiscal year ending September 2027 Annual ¥71 per share / Interim ¥30 per share / End of period ¥41 per share
Acquisition of treasury sharesNumber of Shares 730 thousand shares / Total acquisition amount ¥1,499,862,104 / Acquisition period 6 August 2026 to 24 August 2026
Capital expenditures¥3.6 100 million (actual through the fiscal year ended September 2026)
Orders received and order backlogOrders received ¥39,573 million (YoY -1.4%) / Order backlog ¥25,827 million (YoY +4.9%)
Market Size / ShareThe materials state that アロカ has a high market share in its core product area of radiation measurement equipment. However, the specific share percentage is Not disclosed.
New initiativesMaking アロカ株式会社 a subsidiary, Introduction and installation of 2 IQM quantum computers, Launch of joint research into quantum sensing technology with QST and Type-I Technologies, Delivery of a large project for ROTOTEST Energy and rollout of the VILS integrated system, Acquisition of 730 thousand treasury shares and cancellation of 4 million shares, Introduction of a shareholder benefit program, Change in the business execution structure in October 2025, Introduction of a performance-linked share-based compensation plan linked to ESG metrics
Items this document does not state (9)
Selling, 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 locationsRisk amount incorporated into the outlookPayout ratioKey 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.

The company attributed the increase to the steady conversion of its record-high order backlog into revenue, growth in almost all businesses, including Advanced Mobility, an increase in gross profit margin resulting from a greater number of highly profitable projects, the new consolidation of Sonic Guard, and profit contributions from higher revenue and M&A. On the other hand, higher personnel expenses, other increases in selling, general and administrative expenses, M&A-related expenses and head office relocation expenses weighed on profit.

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Financial Results Briefing Materials for the Fiscal Year Ending September 2026 | TOYO Corporation (8151) timely disclosure | Komori