Summary of Results for the Third Quarter
of the Fiscal Year Ending December 31, 2025
November 10, 2025
Toyo Tanso Co., Ltd.Summary of Results for the Q3
of the Fiscal Year Ending December 31, 2025
Results for the Q3 of the Fiscal Year Ending December 31, 2025
(Unit: Yen, millions) | FY2024 | FY2025 | |||||
FY Actual | Q3 Actual | FY Forecast | Q3 Actual | Year-on-Year change（Q3） | |||
Net sales | 53,093 | 39,062 | 48,000 | 34,095 | - 4,967 / - 12.7 % | ||
Operating profit | 12,238 | 9,266 | 7,500 | 5,420 | - 3,845 / - 41.5 % | ||
(Ratio of operating profit to net sales) Ordinary profit (Ratio of ordinary profit to net sales) | 23.1% | 23.7% | 15.6% | 15.9% | |||
13,480 | 9,737 | 7,000 | 6,014 | - 3,722 / - 38.2 % | |||
25.4% | 24.9% | 14.6% | 17.6% | ||||
Profit attributable to owners of parent | 9,960 | 7,189 | 5,000 | 4,531 | - 2,657 / - 37.0 % | ||
Basic earnings per share | 474.95yen | 342.80yen | 238.41yen | 216.06yen | |||
ROE | 11.2% | 5.3% | |||||
Exchange rate | 151.6yen/$ 163.9yen/€ 21.0yen/CNY | 151.3yen/$ 164.4yen/€ 21.0yen/CNY | 145yen/$ 154yen/€ 19.5yen/CNY | 148.2yen/$ 165.5yen/€ 20.5yen/CNY | |||
Factors Affecting Changes in Operating Profit
Operating profit declined by 41.5% due to a decrease in marginal profit (volumes, product mix) and an increase in fixed costs such as depreciation costs.
Net Sales by Product and Segment
Product and Segment (Unit: Yen, millions) | FY2024 | FY2025 | |||||||||||||
Q1 | Q2 | Q3 | Total | Q4 | FY Total | Q1 | Q2 | Q3 | Total | 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 | 5,899 | 6,284 | 5,752 | 17,936 | 6,048 | 23,985 | 5,215 | 4,988 | 4,866 | 15,070 | -16.0% | 22,764 | -5.1％ | ||
2,735 | 2,905 | 2,263 | 7,904 | 2,490 | 10,394 | 2,031 | 1,876 | 1,607 | 5,516 | -30.2% | 9,105 | -12.4％ | |||
2,625 | 2,775 | 2,940 | 8,341 | 2,857 | 11,198 | 2,592 | 2,513 | 2,701 | 7,807 | -6.4% | 11,354 | +1.4％ | |||
538 | 604 | 548 | 1,691 | 700 | 2,391 | 590 | 597 | 557 | 1,745 | +3.2% | 2,304 | -3.6％ | |||
865 | 1,089 | 1,013 | 2,968 | 1,123 | 4,092 | 973 | 1,013 | 1,016 | 3,003 | +1.2% | 3,878 | -5.2％ | |||
1,199 | 1,256 | 1,268 | 3,724 | 1,283 | 5,008 | 1,063 | 1,015 | 1,132 | 3,211 | -13.8% | 4,288 | -14.4％ | |||
4,119 | 4,403 | 4,433 | 12,956 | 5,222 | 18,179 | 3,831 | 4,078 | 3,640 | 11,551 | -10.9% | 15,352 | -15.6％ | |||
3,607 | 3,920 | 3,866 | 11,394 | 4,488 | 15,883 | 3,208 | 3,387 | 2,985 | 9,581 | -15.9% | 12,774 | -19.6％ | |||
512 | 483 | 567 | 1,562 | 733 | 2,296 | 622 | 691 | 655 | 1,969 | +26.0% | 2,577 | +12.2％ | |||
488 | 676 | 310 | 1,475 | 352 | 1,827 | 391 | 409 | 458 | 1,259 | -14.6% | 1,715 | -6.1％ | |||
Total | 12,573 | 13,710 | 12,778 | 39,062 | 14,030 | 53,093 | 11,475 | 11,504 | 11,114 | 34,095 | -12.7% | 48,000 | -9.6％ | ||