TBK (7277) FY2026 Q3 Earnings Report

Financial Highlights

Item	Current	Prior	YoY %
Net Sales	¥39.38B	¥40.73B	−3.3%
Cost of Sales	¥34.56B	¥36.77B	−6.0%
Gross Profit	¥4.82B	¥3.96B	+21.8%
SG&A Expenses	¥3.88B	¥3.71B	+4.6%
Operating Income	¥938M	¥249M	+276.7%
Non-operating Income	¥325M	¥280M	+16.1%
Non-operating Expenses	¥227M	¥726M	−68.7%
Ordinary Income	¥1.04B	−¥196M	+628.6%
Profit Before Tax	¥1.19B	−¥934M	+227.4%
Income Tax Expense	¥527M	¥333M	+58.3%
Net Income	¥663M	−¥1.27B	+152.3%
Net Income Attributable to Owners	¥587M	−¥1.33B	+144.1%
Total Comprehensive Income	¥2.86B	¥20M	+14185.0%
Interest Expense	¥83M	¥195M	−57.4%
Basic EPS	¥20.44	−¥46.71	+143.8%

Item	Current End	Prior End	Change
Current Assets	¥29.38B	¥26.40B	+¥2.98B
Cash and Deposits	¥6.51B	¥4.14B	+¥2.37B
Accounts Receivable	¥13.73B	¥13.47B	+¥255M
Inventories	¥7.65B	¥7.51B	+¥139M
Non-current Assets	¥27.43B	¥26.72B	+¥705M
Property, Plant & Equipment	¥21.85B	¥21.52B	+¥333M
Intangible Assets	¥275M	¥261M	+¥14M
Investment Securities	¥4.05B	¥3.36B	+¥687M
Total Assets	¥56.83B	¥53.12B	+¥3.71B
Current Liabilities	¥18.07B	¥17.77B	+¥299M
Accounts Payable	¥6.61B	¥6.31B	+¥299M
Short-term Loans	¥5.65B	¥6.54B	−¥886M
Non-current Liabilities	¥6.17B	¥6.24B	−¥65M
Long-term Loans	¥891M	¥1.34B	−¥445M
Total Liabilities	¥24.25B	¥24.01B	+¥233M
Total Equity	¥32.59B	¥29.11B	+¥3.47B
Capital Stock	¥5.19B	¥4.62B	+¥569M
Capital Surplus	¥833M	¥264M	+¥569M
Retained Earnings	¥17.36B	¥17.27B	+¥90M
Treasury Stock	−¥406M	−¥409M	+¥3M
Owners' Equity	¥31.59B	¥28.25B	+¥3.34B
Working Capital	¥11.31B	-	-

Item	YoY Change
Net Sales YoY Change	−3.3%
Operating Income YoY Change	+276.2%

Item	Value
Shares Outstanding (incl. Treasury)	32.69M shares
Treasury Stock	927K shares
Average Shares Outstanding	28.77M shares
Book Value Per Share	¥1,025.79

Item	Amount
Q2 Dividend	¥4.00

Item	Forecast
Net Sales Forecast	¥53.00B
Operating Income Forecast	¥1.30B
Ordinary Income Forecast	¥1.30B
Net Income Attributable to Owners Forecast	¥700M
Basic EPS Forecast	¥22.04
Dividend Per Share Forecast	¥8.00