Source disclosure: February 09, 2026
TOTETSU KOGYO CO.,LTD. [1835.T]
TOKYO — TOTETSU KOGYO CO., LTD. (1835), announced its earnings presentation for the third quarter of fiscal year ending March 2026 on February 9, 2026. The company reported a consolidated 0% increase compared to the same period last year.
The company's operating income surged by 25.1%, reaching ¥11,565 million during this quarter, while ordinary income also saw an impressive rise of 25.5% to ¥12,185 million. Net income attributable to owners of the parent company stood at ¥8,265 million, reflecting a growth rate of 19.7%. These figures indicate robust performance across key metrics despite slight deceleration relative to the previous year’s strong comparative base.
Regarding shareholder returns, TOTETSU KOGYO did not announce any interim dividends for the first and second quarters of the current fiscal year. However, it plans to pay an interim dividend of ¥70 per share for the third quarter, bringing the total expected annual dividend to ¥140 per share based on preliminary forecasts. This represents a significant increase from the previous year's final dividend of ¥85 per share, highlighting the company's confidence in future profitability.
Looking ahead, TOTETSU KOGYO provided forward-looking estimates for the full fiscal year ending March 2026. It anticipates consolidated sales of ¥165,000 million, representing a 3.1% increase over the prior fiscal year. Operating profit is forecasted at ¥16,000 million, up 3.1%, and ordinary profit is projected to be ¥16,500 million, a 2.9% rise. Net income attributable to owners of the parent company is estimated at ¥12,000 million, marking a 3.8% growth. On a per-share basis, earnings are anticipated to reach ¥348.52, indicating continued positive momentum.
In terms of capital structure, as of the end of the third quarter, the company's total assets amounted to ¥180,566 million, with net assets totaling ¥127,678 million, resulting in a solid equity ratio of 70.0%. This compares favorably against the previous year-end figures, where total assets were ¥181,115 million and net assets were ¥120,777 million, yielding an equity ratio of 66.0%.
Notably, TOTETSU KOGYO has implemented an equity-based compensation plan called "Stock Grant Trust (BBT)," which affects the calculation of issued shares and treasury stocks. As of the end of the third quarter, the number of outstanding shares including treasury stock was 36,100,000, with treasury stock comprising 1,658,198 shares. The average number of shares outstanding during the quarter was calculated after deducting the shares held by BBT trusts, standing at 34,438,119 shares. These adjustments reflect the company's commitment to align executive compensation closely with shareholder interests and long-term value creation.
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.
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