TAIHEIYO KOUHATSU INCORPORATED [8835.T]
TOKYO, May 11 (Pulse News Wire) – Taiheiyo Kouhatsu Incorporated (8835.T) reported its fiscal year 2026 earnings, which fell short of previously stated forecasts due to loan loss provisions and losses in the fertilizer segment. For the fiscal year ending March 31, 2026, the company's revenue exceeded expectations, reaching ¥1.05 billion compared to the previous forecast of ¥900 million.
However, operating profit declined to ¥120 million from the anticipated ¥160 million, while ordinary profit dropped to ¥80 million from ¥120 million. Net income attributable to shareholders also decreased significantly, falling to ¥30 million from ¥44.1 million. The variance was primarily attributed to increased provisions for doubtful debts and higher input costs within the fertilizer division, leading to reduced profitability across key metrics.
Despite a boost in sales volume from coal imports, these factors overshadowed positive contributions and resulted in lower-than-projected profits. In comparison to the prior fiscal year’s results, the company saw improvements in revenue but significant declines in profitability measures. Management will address these issues during upcoming investor meetings scheduled for later this month.
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