Source disclosure: February 06, 2026
TENOX CORPORATION [1905.T]
TOKYO — Tenox Corporation, listed on the Tokyo Stock Exchange under code number 1905, reported its third quarter earnings for the fiscal year ending March 2026 on February 6, 2026. The company's consolidated results for the period from April 1, 2025 to December 31, 2025 showed mixed performance compared to the same period last year.
For the three months ended December 31, 2025, Tenox recorded consolidated sales of ¥15,226 million, marking a decline of 19.3% from the previous year’s figure of ¥18,861 million. Despite this revenue decrease, the company managed to increase its operating income by 7.8%, reaching ¥1,115 million from ¥1,034 million in the corresponding period of 2025. Similarly, ordinary income grew by 7.3% to ¥1,123 million from ¥1,047 million last year. Net income attributable to shareholders of the parent company surged by 23.0% to ¥814 million from ¥661 million in the prior-year period.
Regarding shareholder returns, Tenox did not declare any interim dividends during the first and second quarters of the current fiscal year but announced an expected dividend payment of ¥26 per share at the end of the third quarter, bringing the total annual dividend forecast to ¥52 per share. This represents an increase over the previous year's final dividend payout of ¥50 per share.
In terms of financial position, as of December 31, 2025, Tenox had total assets of ¥19,870 million and net assets of ¥13,839 million, resulting in a capital adequacy ratio of 68.0%. These figures compare favorably against the previous year-end metrics of ¥21,073 million in total assets and ¥13,291 million in net assets, with a capital adequacy ratio of 61.4%.
Looking ahead, Tenox provided guidance for the full fiscal year ending March 31, 2026. The company expects consolidated sales to be ¥21,500 million, representing a drop of 9.3% from the previous fiscal year. Operating profit is anticipated to fall by 19.3% to ¥900 million, while ordinary profit is projected to decline by 18.4% to ¥950 million. Net income attributable to shareholders of the parent company is forecasted to decrease by 13.3% to ¥650 million, translating to an estimated earnings per share of ¥97.89.
The company emphasized that these forecasts are based on currently available information and certain assumptions deemed reasonable by management. Actual results may vary significantly due to various factors beyond the company's control. Investors were advised to review the detailed explanations regarding the assumptions underlying the projections and considerations for their appropriate utilization, which can be found in the attached supplementary materials.
Note: Financial figures from the earnings presentation have been removed pending correction. For accurate figures, refer to the company's earnings summary (kessan tanshin) filed separately on TDNet.
AI-translated content. 🟢 Confidence: High See terms • Original filing