Toyota Boshoku Corp. TSE:3116

Toyota Boshoku : Notice of Differences Between Full-Year Consolidated Financial Forecasts and Actual Results, and Differences Between Non-Consolidated Financial Results and Previous Fiscal Year Results

Published

Source: MarketScreener

Translation

April 28, 2026 Company Name Toyota Boshoku Corporation Representative Masayoshi Shirayanagi, President (Securities Code 3116 TSE, Prime, NSE, Premier)

Inquiry Masataka Asano

General Manager,

Accounting & Finance Division (TEL +81-566-26-0313)

Notice of Differences Between Full-Year Consolidated Financial Forecasts and Actual Results, and Differences Between Non-Consolidated Financial Results and Previous Fiscal Year Results

Toyota Boshoku Corporation (the "Company") hereby announces the differences between the consolidated financial forecasts for the fiscal year ended March 31, 2026 (April 1, 2025 - March 31, 2026), which were announced on February 3, 2026, and the actual results, as well as the differences between non-consolidated financial results for the current fiscal year and the previous fiscal year's results, as outlined below.

  1. Differences Between Full-Year Consolidated Financial Forecasts and Actual Results (April 1, 2025 -March 31, 2026)

    (Millions of yen)

    Revenue

    Operating Profit

    Profit before Income Taxes

    Profit Attributable to Owners of the

    Parent

    Earnings per Share Attributable to Owners

    of the Parent - Basic

    Previous Forecast (A)

    1,980,000

    75,000

    80,000

    45,000

    251.97 yen

    Actual Results (B)

    2,037,063

    53,948

    61,918

    23,271

    130.30 yen

    Difference (B - A)

    57,063

    (21,051)

    (18,081)

    (21,728)

    Percentage Change (%)

    2.9

    (28.1)

    (22.6)

    (48.3)

    Reason for Differences: While revenue increased due to factors such as the impact of foreign exchange rates, profits decreased. This was primarily due to the recording of quality-related expenses associated with "Notice regarding recall of vehicles equipped with Toyota Boshoku Group products" announced on April 7, 2026, as well as the recording of impairment losses on fixed assets in the North, Central and South America region.

  2. Differences Between Non-Consolidated Financial Results and Previous Fiscal Year Results (April 1, 2025 - March 31, 2026)

(Millions of yen)

Net sales

Operating

Profit

Ordinary

Profit

Profit

Basic Earnings per Share

Previous Fiscal Year Results (A)

900,450

(7,730)

26,618

30,485

170.76 yen

Current Fiscal Year Results (B)

941,728

(12,513)

28,030

34,983

195.88 yen

Difference (B - A)

41,278

(4,783)

1,411

4,498

Percentage Change (%)

4.6

-

5.3

14.8

Reason for Differences: While net sales increased due to factors such as the impact of new products, operating profit decreased compared to the previous fiscal year due to the recording of quality-related expenses, as noted in section 1 above. On the other hand, ordinary profit increased due to an increase in dividend income from subsidiaries, and profit increased due to a decrease in the tax burden.