TOHO TITANIUM COMPANY,LIMITED [5727.T]
TOKYO, May 08 (Pulse News Wire) – Toho Titanium Company,limited (5727.T) reported lower sales and profits for the fiscal year ended March 2026. Revenue was ¥833.9 billion from ¥889.7 billion, while operating profit declined to ¥44.0 billion from ¥66.5 billion.
Net profit dropped to ¥28.5 billion from ¥42.6 billion compared to the previous fiscal year. Segment-wise, the titanium metal business saw a significant decrease in revenue to ¥544.3 billion from ¥655.7 billion, contributing largely to the overall decline. However, the catalyst and chemical businesses showed slight improvements, with revenues increasing to ¥119.2 billion and ¥170.4 billion respectively. In the balance sheet and cash flow statement, the company's total assets decreased slightly to ¥1,297 billion from ¥1,346 billion.
Operating cash flow stood at ¥111 billion, while capital expenditures amounted to ¥150 billion. The equity ratio remained stable at 46.4%. On April 24, 2026, the extraordinary shareholders’ meeting approved the share exchange agreement between TOHO TITANIUM and JX Metal Corporation. As a result, TOHO TITANIUM’s shares are scheduled to be delisted on May 28, 2026, ahead of the effective date of the share exchange on June 01, 2026.
Consequently, the company has not released its performance forecasts for the fiscal year ending March 2027.
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