T.O. Holdings CO.,LTD.【9812】: Earnings Information

According to the earnings release for the first quarter of the fiscal year ending May 2027, net sales rose 9.5% year on year to approximately ¥6.2 billion, operating income increased 142.8% to approximately ¥124 million, and ordinary income rose 468.1% to approximately ¥77 million. Completion of large-scale private-sector construction projects substantially boosted sales in the construction business, while quarterly net income attributable to owners of the parent came to approximately ¥51 million, turning profitable from a loss in the same period of the previous year. The timber, distribution and automotive-related businesses were below the same period of the previous year.

On the balance sheet, total assets decreased 2.6% from the end of the previous fiscal year to approximately ¥17.2 billion, cash and deposits decreased approximately 40.3%, and short-term borrowings increased approximately 8.9%. Net assets were approximately ¥560 million, up 6.3% from the end of the previous fiscal year, and the equity ratio improved from 2.1% to 2.5%.

Although no cash flow statement was prepared, depreciation and amortisation increased slightly from approximately ¥116 million in the same period of the previous year to approximately ¥119 million. As its outlook for the next fiscal year, the company forecast full-year net sales of approximately ¥25.5 billion, operating income of approximately ¥250 million, ordinary income of approximately ¥80 million, and profit attributable to owners of the parent of approximately ¥5 million, or ¥0.78 per share, all representing increases.

Under its dividend policy, the planned annual dividend is ¥0 for the fiscal year ending May 2026 and ¥0.5 for the fiscal year ending May 2027, consisting of a ¥0.5 year-end dividend. There is no change to the most recently announced dividend forecast.