TOKYO, May 13 (Pulse News Wire) – TAKADA CORPORATION (1966.T) reported its second consecutive quarter of revenue decline for the fiscal year ending March 2026. Consolidated revenue was ¥53.693 billion, marking a 7.5% decrease compared to the previous period.
Operating profit dropped by 39.4%, resulting in a loss of ¥1.155 billion, while net profit declined by 45.7% to ¥1.42 billion. For the individual performance, revenue decreased by 3.4% to ¥46.968 billion, leading to a 38.7% drop in net income to ¥1.363 billion. The company attributed the declines primarily to lower demand during maintenance years in chemical plant operations.
Looking ahead, TAKADA CORPORATION forecasts a modest increase in revenue for the next fiscal year, projecting sales to rise by 3.7%. However, operating profit is expected to fall further due to rising personnel costs, construction materials expenses, and inflationary pressures, anticipating a 27.5% reduction in net profit. In addition, the company plans to distribute interim dividends of ¥25 per share for the fiscal year ending March 2026, maintaining a consistent dividend policy despite the challenging financial environment.
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