TOHO TITANIUM COMPANY,LIMITED [5727.T]
TOKYO, May 08 (Pulse News Wire) – Toho Titanium Company,limited (5727.T) reported its fiscal year 2026 individual performance results, showing a decline compared to the previous fiscal year. For the fiscal year ending March 2026, the company's revenue increased to ¥82.525 billion, while operating profit was ¥4.208 billion, ordinary profit dropped to ¥4.863 billion, and net profit decreased to ¥3.013 billion.
Compared to the previous fiscal year, which saw revenues of ¥75.558 billion, operating profit of ¥6.026 billion, ordinary profit of ¥6.748 billion, and net profit of ¥5.453 billion, the company experienced significant declines across all key metrics, particularly in net profit, which declined by 44.6%. The decrease in profits was attributed primarily to reduced titanium sales volumes and price adjustments.
Although demand for catalysts and ultrafine nickel powder improved compared to the previous year, sales of sponge titanium for aircraft were negatively impacted due to inventory adjustments at customers. As a result, overall profitability suffered despite the increase in revenue.
Notably, the prior year’s figures were adjusted for changes in inventory valuation methods.
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