Toyoda Gosei REPORTS STRONG Q1 RESULTS, RAISING OUTLOOK

TOKYO, Jul 31 (Pulse News Wire) – Toyoda Gosei CO.,LTD. (7282.NG) reported robust first quarter results for the fiscal year ending March 2027, driven by increased production volumes and favorable exchange rates.

Revenue reached ¥303.8 billion, up 14.3% year-over-year, while operating profit surged to ¥27.4 billion, marking a 16.4% increase compared to the same period last year. Net profit attributable to owners of the parent company stood at ¥19.8 billion, reflecting a significant rise of 22.8%. Segment-wise performance showed mixed outcomes. In Japan, revenue grew by 15.7%, contributing substantially to overall growth. However, operations in Europe and Africa faced challenges, recording declines due to reduced sales volume and adverse market conditions.

Despite these regional setbacks, the company's global strategy paid off, leading to a strong overall performance. Looking ahead, Toyoda Gosei maintained its full-year outlook, forecasting revenues of ¥1,250 billion, operating profits of ¥90 billion, pre-tax income of ¥70 billion, and net profit of ¥55 billion. The company remains optimistic despite potential economic uncertainties, reaffirming its commitment to delivering consistent growth. Toyoda Gosei plans to hold an analyst meeting aimed at discussing these results further. The firm’s management expects continued support from key markets and strategic initiatives to drive future profitability.