Source disclosure: February 13, 2026
TERASAKI ELECTRIC CO.,LTD. [6637.T]
TOKYO, Feb 13 (Pulse News Wire) – Terasaki Electric CO.,LTD. (6637.T) reported a 3% increase in revenue for its fiscal third quarter ending March 2026, reaching ¥44.80 billion compared to ¥41.35 billion in the same period last year.
Operating profit rose to ¥354 million from ¥219 million, driven by higher sales volumes and favorable exchange rates despite a ¥290 million negative impact from foreign currency fluctuations. Segmental performance showed strong growth in marine products such as LNG carriers and bulk cargo ships, while industrial equipment orders increased domestically due to demand for distributed energy systems. However, medical device sales declined due to lower healthcare investment, and engineering services saw reduced activity in domestic railway projects.
In Asia, revenues grew significantly across various ship types, although engineering activities decreased due to fewer vessel refurbishment jobs. In Europe, machinery product sales were weak in the UK and Middle East markets but improved in shipbreaker updates. Overall, the company's backlog remained robust, reflecting sustained demand for maritime solutions.
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