Summary of Results for the First Quarter
of the Fiscal Year Ending December 31, 2026
May 12, 2026
Toyo Tanso Co., Ltd.Summary of Results for the Q1
of the Fiscal Year Ending December 31, 2026
Results for the Q1 of the Fiscal Year Ending December 31, 2026
(Unit: Yen, millions) | FY2025 | FY2026 | |||||
FY Actual | Q1 Actual | FY Forecast | Q1 Actual | Year-on-Year change(Q1) | |||
Net sales | 46,189 | 11,475 | 49,000 | 10,576 | (899) / (7.8) % | ||
Operating profit | 6,759 | 2,140 | 6,200 | 634 | (1,506) / (70.3) % | ||
(Ratio of operating | 14.6% | 18.7% | 12.7% | 6.0% | |||
profit to net sales) | |||||||
Ordinary profit | 8,091 | 1,885 | 6,000 | 820 | (1,064) / (56.5) % | ||
(Ratio of ordinary | 17.5% | 16.4% | 12.2% | 7.8% | |||
profit to net sales) | |||||||
Profit attributable to owners of parent | 5,464 | 1,276 | 5,000 | 609 | (667) / (52.3) % | ||
Basic earnings per share | 260.58yen | 60.88yen | 238.41yen | 29.05yen | |||
ROE | 5.7% | 5.1% | |||||
Exchange rate | 149.7yen/$ 169.0yen/€ 20.8yen/CNY | 152.6yen/$ 160.5yen/€ 20.9yen/CNY | 145yen/$ 176yen/€ 20yen/CNY | 156.9yen/$ 183.7yen/€ 22.7yen/CNY | |||
Factors Affecting Changes in Operating Profit
Despite efforts to control fixed costs, marginal profit declined due to reduced sales volumes
partly reflecting orders pulled forward into the previous fiscal year for semiconductor applications, along with inventory-related impacts and other factors, resulting in a year-on-year decline.
(Unit：Yen, 100 millions) Decrease in Decrease in fixed costs marginal profit Inpact of exchange rates 1.0 Change in raw fuel prices 0.5 5.1 13.6 Increase in depreciation costs 1.2 Inventory related 6.9 FY2025/Q1 Operating profit 21.4 FY2026/Q1 Operating profit 6.3Net Sales by Product and Segment
FY2025 (Actual) | FY2026 (Actual & Forecast) | ||||||||||||||
Product and Segment (Unit: Yen, millions) | |||||||||||||||
Q1 | Q2 | Q3 | Q4 | FY Total | Q1 (A) | YoY | H1 (F) | YoY | H2 (F) | YoY | FY Total (F) | YoY | |||
Special Graphite Products Electronics Applications General Industries Applications Others Carbon Products for General Industries [Carbon Products for Mechanical Applications] Carbon Products for General Industries [Carbon Products for Electrical Applications] Compound Materials and Other Products Three Major Products Other Products Related goods | 5,215 | 4,988 | 4,866 | 5,230 | 20,300 | 5,183 | (0.6)% | 11,480 | +12.5% | 12,675 | +25.5% | 24,156 | +19.0% | ||
2,031 | 1,876 | 1,607 | 1,948 | 7,465 | 1,544 | (24.0)% | 4,241 | +8.5% | 5,146 | +44.7% | 9,388 | +25.8% | |||
2,592 | 2,513 | 2,701 | 2,693 | 10,501 | 2,689 | +3.7% | 5,801 | +13.6% | 6,162 | +14.2% | 11,964 | +13.9% | |||
590 | 597 | 557 | 587 | 2,333 | 949 | +60.7% | 1,437 | +20.9% | 1,366 | +19.3% | 2,803 | +20.1% | |||
973 | 1,013 | 1,016 | 1,222 | 4,226 | 992 | +2.0% | 1,929 | (2.9) % | 2,153 | (3.8) % | 4,082 | (3.4)% | |||
1,063 | 1,015 | 1,132 | 1,145 | 4,356 | 1,070 | +0.7% | 2,186 | +5.2% | 2,295 | +0.8% | 4,481 | +2.9% | |||
3,831 | 4,078 | 3,640 | 3,771 | 15,322 | 3,048 | (20.4)% | 6,376 | (19.4) % | 8,653 | +16.7% | 15,030 | (1.9)% | |||
3,208 | 3,387 | 2,985 | 3,120 | 12,702 | 2,464 | (23.2)% | 5,357 | (18.8) % | 7,445 | +21.9% | 12,802 | +0.8% | |||
622 | 691 | 655 | 650 | 2,619 | 584 | (6.2)% | 1,019 | (22.4) % | 1,208 | (7.5) % | 2,227 | (15.0)% | |||
391 | 409 | 458 | 724 | 1,983 | 281 | (28.2)% | 527 | (34.2) % | 721 | (39.0) % | 1,248 | (37.1)% | |||
Total | 11,475 | 11,504 | 11,114 | 12,094 | 46,189 | 10,576 | (7.8)% | 22,500 | (2.1) % | 26,500 | +14.2% | 49,000 | +6.1% | ||
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