Tenryu Saw Mfg.Co.,Ltd. [5945.T]
TOKYO, May 14 (Pulse News Wire) – Tenryu Saw Mfg.co.,ltd. (5945.T) revised its mid-term plan targets for fiscal years ending March 2024 through March 2026 following a board meeting held today.
The adjustments come after the company's performance fell below initial goals for fiscal 2025 due to lower sales revenue, operating profit, and operating margin compared to previous forecasts. For fiscal 2026, uncertainties such as ongoing and potential expansion of US tariff measures, geopolitical risks stemming from deteriorating Middle East conditions, rising raw material costs, increased administrative expenses, and fluctuating exchange rates prompted the revision. Specifically, the company now projects a sales target of ¥14 billion, down from the previously stated goal of ¥14.89 billion. Operating profit is expected to reach ¥1.82 billion, a reduction of ¥280 million from earlier estimates.
In addition to revising financial targets, Tenryu also adjusted capital efficiency metrics. Return on Equity (ROE) is forecasted to be 4.7%, while Price-to-Book Ratio (PBR) is anticipated to be 0.62 times, reflecting a cautious outlook amid challenging economic conditions. "The adjustments reflect our commitment to maintaining robust financial health despite the unpredictable global environment," commented Daishiro Oishi, President and CEO of Tenryu Saw Mfg.co.,ltd. "We remain focused on improving profitability and enhancing capital efficiency to ensure long-term value creation." Notably, ROE and PBR targets have been reduced, but the company remains dedicated to continuous improvement efforts aimed at sustaining growth and maximizing shareholder returns over the medium to long term.
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