Topy Industries announced earnings in the afternoon session on 6 November. Second-quarter ordinary income was ¥3.42 billion, up 1.1% year on year, and the full-year forecast was raised to ¥8.6 billion. Results for the latest 3 months improved, while the second half is expected to decline year on year.
Topy Industries released its earnings report and announced that consolidated ordinary income for the cumulative second quarter of the fiscal year ending March 2027 (April–September) was ¥3.42 billion, up 1.1% year on year. At the same time, it raised its full-year ordinary income forecast from the previous ¥8.0 billion to ¥8.6 billion, forecasting a modest reduction in the rate of decline. The year-earlier figure for the same period has improved in a manner that avoids a decline of more than 50%.
For the latest 3-month period, consolidated ordinary income for July–September increased 49.5% year on year to ¥2.56 billion. The operating margin on sales improved from 2.3% in the year-earlier period to 3.7%, indicating improved operating efficiency.
Under the revised current-year earnings forecast, the new figures for the fiscal year ending March 2027 are net sales of ¥332,000 million, ordinary income of ¥8,600 million and net income of ¥7,600 million, with upward revisions for each metric. Consolidated ordinary income for the second half is expected to be ¥5.17 billion, down 1.1% year on year.