TOKYO, Apr 27 (Pulse News Wire) – Taiho Kogyo CO.,LTD. (6470.T) reported its fiscal year 2026 interim earnings, which showed significant differences compared to the previous year's figures.
Revenue and operating profit exceeded expectations due to robust performance in the automotive parts sector, while extraordinary gains from securities sales boosted ordinary profits. However, impairment losses on fixed assets led to lower net income attributable to parent shareholders. For the fiscal year ending March 2026, Taiho Kogyo recorded revenue of 64,302 million yen, up from 62,119 million yen in the prior year. Operating profit improved to 1,134 million yen from -1,876 million yen previously.
Ordinary profit surged to 1,809 million yen from 111 million yen last year. Despite these positive trends, net income fell to -6,040 million yen from -3,359 million yen in the preceding period, primarily due to asset impairments. The company’s earnings per share also reflected the mixed results, dropping to -¥213.25 from -¥116.87 in the same quarter last year. The increase in revenue was driven by strong demand in the automotive components division, contributing to overall growth despite challenges in managing fixed asset valuations.
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