For the fiscal year ending March 2026, Toho Titanium reported revenue of ¥83.389 billion and operating profit of ¥4.4 billion, resulting in lower revenue and profit. Meanwhile, a business integration with JX Metals is planned, drawing attention to future developments.
For the fiscal year ending March 2026, Toho Titanium reported revenue of ¥83.389 billion, down year on year, and operating profit of ¥4.4 billion, also down year on year, making for a challenging overall result. According to the earnings report summary, each business segment responded to changes in market conditions, but profitability declined.
Recent performance trends indicate deterioration over the past 12 quarters, with net profit margin, operating margin and EPS all declining. While the equity ratio has remained broadly stable, ROE has continued below the desirable level. The schedule for the next earnings announcement has not been determined.
Looking ahead, a business integration with JX Metals is planned. Key areas of focus include demand trends and changes in the supply structure for catalysts, chemicals and high-purity titanium for semiconductors. Progress on investment in a new ultrafine nickel powder plant and the development of the supply base through overseas joint ventures are also factors attracting attention.
Financial indicators include a market capitalization of approximately ¥200,343 million (as of 05/27), approximately 71.27 million shares outstanding, a minimum purchase amount of ¥281,100, a trading unit of 100 shares, a PBR of approximately 3.33x, ROE of approximately 4.81% and an equity ratio of approximately 46.4%.