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64662026 Q1StandardJGAAP

TVE (6466) FY2026 Q1 Earnings Report

For FY2026 Q1, revenue came to ¥2.7B (+28.1% year on year) and operating income ¥381.0M. The segment drivers and cash flow follow.

TVE Co.,Ltd.

Machinery


Financial Highlights

  • Net Sales: ¥2.72B
  • Operating Income: ¥381M
  • Net Income: ¥290M
  • EPS: ¥123.78

Income Statement

ItemCurrentPriorYoY %
Net Sales¥2.72B¥2.12B+28.2%
Cost of Sales¥1.85B¥1.83B+1.3%
Gross Profit¥863M¥289M+198.2%
SG&A Expenses¥482M¥436M+10.4%
Operating Income¥381M−¥146M+361.0%
Non-operating Income¥30M¥34M−10.3%
Non-operating Expenses¥5M¥4M+34.6%
Ordinary Income¥405M−¥117M+446.2%
Profit Before Tax¥406M−¥122M+432.2%
Income Tax Expense¥115M−¥31M+472.9%
Net Income¥290M−¥91M+418.4%
Net Income Attributable to Owners¥290M−¥91M+418.7%
Total Comprehensive Income¥330M−¥3M+11100.0%
Interest Expense¥2M¥1M+121.5%
Basic EPS¥123.78−¥38.94+417.9%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥7.40B¥7.35B+¥47M
Cash and Deposits¥2.17B¥2.39B−¥219M
Accounts Receivable¥2.63B¥2.52B+¥111M
Inventories¥123M¥133M−¥9M
Non-current Assets¥8.57B¥8.58B−¥5M
Property, Plant & Equipment¥5.70B¥5.72B−¥18M
Intangible Assets¥291M¥289M+¥2M
Goodwill¥40M¥42M−¥2M
Investment Securities¥2.36B¥2.33B+¥30M
Total Assets¥15.97B¥15.93B+¥42M
Current Liabilities¥2.28B¥2.57B−¥284M
Accounts Payable¥710M¥708M+¥2M
Non-current Liabilities¥1.46B¥1.42B+¥43M
Total Liabilities¥3.75B¥3.99B−¥241M
Total Equity¥12.23B¥11.94B+¥283M
Capital Stock¥1.74B¥1.74B¥0
Capital Surplus¥1.67B¥1.67B¥0
Retained Earnings¥7.44B¥7.20B+¥243M
Treasury Stock−¥189M−¥189M−¥132,000
Owners' Equity¥12.23B¥11.94B+¥283M
Working Capital¥5.12B--

Profitability Ratios

ItemValue
Net Profit Margin10.7%
Gross Profit Margin31.8%
Current Ratio323.9%
Quick Ratio318.5%
Debt-to-Equity Ratio0.31x
Interest Coverage Ratio171.01x
Effective Tax Rate28.4%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+28.1%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)2.46M shares
Treasury Stock116K shares
Average Shares Outstanding2.35M shares
Book Value Per Share¥5,212.33

Segment Information

SegmentRevenueOperating Income
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥106M¥19M
TheCastSteel¥346M−¥24M
TheElectricInstallation¥456M¥97M
TheValve¥1.81B¥503M

Full Year Forecast

ItemForecast
Net Sales Forecast¥10.50B
Operating Income Forecast¥700M
Ordinary Income Forecast¥750M
Net Income Attributable to Owners Forecast¥520M
Basic EPS Forecast¥221.77
Dividend Per Share Forecast¥40.00