Toyota Boshoku Corp. · TSE:3116
Toyota Boshoku — Q2 FY2026 Earnings Presentation
29 slides from Toyota Boshoku's earnings presentation, Oct 31, 2025
Slide 1: FY2026 2nd Quarter Financial Results
TSE Prime Market Securities Code 3116 FY2026（ending March 2026） 2nd Quarter Financial Results 2025.10.31 (Fri)
Slide 2: Contents
Contents １．Overview of Financial Results ２．FY2026 2nd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Slide 3: Contents
Contents １．Overview of Financial Results ２．FY2026 2nd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Slide 4: 1-1) Overview of Financial Results
1-1) Overview of Financial Results Operating profit increased due to volume increase in Japan and the Americas, the impact of new Actual products and internal efforts such as additional cost reduction through profit improvement activities, despite the negative impact of additional U.S tariffs and qu
Slide 5: Contents
Contents １．Overview of Financial Results ２．FY2026 2nd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Slide 6: 2-1) FY2026 Seat Volume/Profit and Loss
2-1) FY2026 2nd Quarter Financial Results Seat Volume/Profit and Loss Seat Volume Profit and Loss （10,000 units） （100 million yen） 398 410 FY25 FY26 YOY Change Q2 Q2 153 Revenue 9,481 100% 9,722 100% 241 2.5% Compact 160 Operating Profit 338 3.6% 370 3.8% 32 9.5% 23 Medium 20 Profit before income ta
Slide 7: 2-2) FY2026 Consolidated Analysis of Operating Profit
2-2) FY2026 2nd Quarter Financial Results Consolidated Analysis of Operating Profit Profit increased due to volume increase in Japan and the Americas, additional to global cost reduction despite the impact of additional U.S. tariffs and quality-related cost （100 million yen） Changes in product price
Slide 8: 2-3) FY2026 Seat Volume/Profit and Loss by Segments
2-3) FY2026 2nd Quarter Financial Results Seat Volume/Profit and Loss by Segments Seat Volume（10,000 units） 152 157 FY25 Q2 FY26 Q2 Compact 40 38 Medium 12 12 77 77 78 68 18 63 63 SUV・MPV 92 97 Compact 17 Compact 30 26 Compact 41 42 Compact 37 35 10 Medium 0 1 SUV・ SUV・MPV 50 59 Medium 9 4 SUV・MPV 2
Slide 9: 2-4) FY2026 Japan Analysis of Operating Profit
2-4) FY2026 2nd Quarter Financial Results Japan Analysis of Operating Profit Profit increased due to volume increase and the effects of new products, despite an increase in overhead costs （100 million yen） Changes in product prices△23 Wage up△8 Cost reduction+33 25 2 Consolidated adjustment etc.+2 4
Slide 10: 2-4) FY2026 The Americas Analysis of Operating Profit
2-4) FY2026 2nd Quarter Financial Results The Americas Analysis of Operating Profit Profit increased due to volume increase and cost reduction, despite the impact of additional U.S. tariffs and quality-related cost （100 million yen） Changes in product prices△10 Wage up△3 Quality-related cost△37 Cost
Slide 11: 2-4) FY2026 China Analysis of Operating Profit
2-4) FY2026 2nd Quarter Financial Results China Analysis of Operating Profit Profit decreased due to foreign exchange impact, despite changes in the vehicle mix （100 million yen） 106 Products mix etc.+4 Consolidated adjustment etc.△15 Forex impact with JPY△3 98 4 △1 △2 △1 △3 80 Changes Labor+2 △15 i
Slide 12: 2-4) FY2026 Asia Analysis of Operating Profit
2-4) FY2026 2nd Quarter Financial Results Asia Analysis of Operating Profit Profit increased due to volume increase and cost reduction, despite an increase in overhead costs Changes （100 million yen） in product prices△7 Wage up△3 Forex impact Cost reduction+16 with JPY+2 4 6 2 182 3 187 △5 △5 New pr
Slide 13: 2-4) FY2026 Europe & Africa Analysis of Operating Profit
2-4) FY2026 2nd Quarter Financial Results Europe & Africa Analysis of Operating Profit Profit decreased due to volume decrease and market prices, despite foreign exchange impact （100 million yen） Changes Consolidated in product prices△3 adjustment etc.△5 Wage up△1 Forex impact Cost reduction+5 withi
Slide 14: Contents
Contents １．Overview of Financial Results ２．FY2026 2nd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Slide 15: 3-1) FY2026 Financial Forecasts Seat Volume/Profit and Loss Forecast
3-1) FY2026 Financial Forecasts Seat Volume/Profit and Loss Forecast []previous forecast Seat Volume Profit and Loss （100 million yen） （10,000 units） FY25 FY26 [830] YOY change Actual Forecast 820 825 Revenue 19,542 100% [20,000] 19,800 100% 257 1.3% Operating Profit 423 2.2% [800] 750 3.8% 326 76.9
Slide 16: 3-2) FY2026 Financial Forecasts Consolidated Analysis of Operating Profit
3-2) FY2026 Financial Forecasts Consolidated Analysis of Operating Profit ・Steadily progress in profitability competitiveness by volume increase and profit improvement activities ・However, lower profit expected compared to previous forecast due to quality-related cost and others Forex impact （100 mi
Slide 17: 3-3) FY2026 Financial Forecasts by Segments
3-3) FY2026 Financial Forecasts Seat Volume/Profit and Loss by Segments Seat Volume（10,000 units） [335] []previous forecast 322 330 FY25 FY26 Actual Forecast Compact 86 Medium 27 [160] [145] [115] 160 136 140 153 133 120 [75] SUV・MPV Compact 33 Compact Compact 190 80 Compact 57 75 75 Medium 19 Mediu
Slide 18: 3-4) FY2026 Financial Forecasts The Americas Analysis of Operating Profit
3-4) FY2026 Financial Forecasts The Americas Analysis of Operating Profit ・Company-wide structural reforms and profit improvement activities are steadily improving profitability ・However, forecast revised downward to incorporate unexpected costs ・Impact of U.S. additional tariffs included; negotiati
Slide 19: 3-5) FY2026 Financial Forecasts 1st/2nd Half by Region
3-5) FY2026 Financial Forecasts 1st/2nd Half by Region Revenue （100 million yen） []previous forecast 1st Half 2nd Half Full Year Japan 4,636 4,963 [9,800] 9,600 The Americas 2,642 2,557 [5,400] 5,200 China 980 919 [1,900] 1,900 Asia 1,442 1,457 [2,800] 2,900 Europe & Africa 555 644 [1,100] 1,200 Tot
Slide 20: Contents
Contents １．Overview of Financial Results ２．FY2026 2nd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Slide 21: 4-1) Appendix Foreign Exchange Trends
4-1) Appendix Foreign Exchange Trends (yen) FY26 FY25 Actual Actual Forecast Q1 Q2 Q3 Q4 Yearly Q1 Q2 Q3 Q4 Yearly USD 155.89 149.37 152.45 152.61 152.58 144.59 147.49 - - 145.00 EUR 167.88 164.02 162.59 160.51 163.75 163.80 172.32 - - 170.00 CNY 21.48 20.82 21.15 20.95 21.10 19.99 20.59 - - 20.30 T
Slide 22: 4-2) Consolidated Statement of Financial Position
4-2) Appendix Consolidated Statement of Financial Position 100 million yen, : Compared to As of September 30th, 2025 the previous year end Current assets Liabilities 6,686 6,047 Decrease in Increase in in trade payables ↓ ↓ △62 Inventories +24 and other liabilities 6,710 5,985 Assets 11,019 （The pre
Slide 23: 4-3) Consolidated Cash Flow Trends
4-3) Appendix Consolidated Cash Flow Trends(100 million yen) Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Free Cash Flow 1,748 1,229 1,218 820 894 881 529 608 567 268 △277 △408 △364△408 △298 △486 △543 △609 △866 △915 FY22 FY23 FY24 FY2
Slide 24: 4-4) Capital Expenditures, Research and Development Trends
4-4) Appendix Capital Expenditures ・ Research and Development Trends(100 million yen) CAPEX R&D 2H 2H 1H 1H 781 800 743 600 551 507 503 448 473 383 347 232 239 232 237 242 263 281 217 136 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 18
Slide 25: 4-5) Dividends Trends
4-5) Appendix Dividends Trends FY22 FY23 FY24 FY25 FY26 Actual Actual Actual Actual Forecast Interim 32 yen 35 yen 43 yen 43 yen 43 yen Dividends Year-end 32 yen 35 yen 43 yen 43 yen 43 yen Yearly 64 yen 70 yen 86 yen 86 yen 86 yen DOE 3.3% 3.3% 3.7% 3.4% 3.3% Dividend payout ratio 30.5% 89.1% 27.3%
Slide 26: 4-6) Quarterly Trends
4-6) Appendix Quarterly Trends (100 million yen, 10,000 units ) FY25 Actual FY26 Actual Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Seat volume 200 198 216 206 203 207 - - Revenue 4,880 4,601 4,985 5,075 4,796 4,925 - - Global Operating profit 166 171 181 △96※ 187 183 - - Ratio 3.4% 3.7% 3.6% △1.9% 3.9% 3.7% - - Seat v
Slide 27: 4-6) Quarterly Trends
4-6) Appendix Quarterly Trends (100 million yen, 10,000 units ) FY25 Actual FY26 Actual Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Seat volume 30 33 41 29 31 32 - - Revenue 530 595 690 518 482 497 - - China Operating profit 24 74 65 1 41 38 - - Ratio 4.6% 12.4% 9.5% 0.3% 8.6% 7.8% - - Seat volume 38 40 38 38 37 41 - -
Slide 28: 4-7) FY2026 Forecast: Operating Profit Changes from Previous Forecast
4-7) Appendix FY2026 Financial Forecast: Operating Profit Changes from Previous Forecast （100 million yen） 800 73 750 △31 △30 △62 Americas Quality-related cost△37 Prior-Year price adjustment△15 Brazil shutdown△10 Previous Change in operating The U.S Profit Unique Current Environment additional impro
Slide 29: Disclaimer
<Disclaimer> This report contains forecasts and expectations that relate to future plans and strategies in addition to the expected financial results of the Toyota Boshoku Corporation and the Toyota Boshoku group. Within are estimates based on assumptions and opinions that have been formed by the co