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97292027 Q1PrimeJGAAP

TOKAI (9729) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥40.6B (+3.6% year on year) and operating income ¥2.1B (+11.5%). The segment drivers and cash flow follow.

TOKAI Corp.

IT & Services, Others/Services


Financial Highlights

  • Net Sales: ¥40.58B
  • Operating Income: ¥2.07B
  • Net Income: ¥1.46B
  • EPS: ¥46.57

Income Statement

ItemCurrentPriorYoY %
Net Sales¥40.58B¥39.18B+3.6%
Cost of Sales¥30.71B¥30.07B+2.1%
Gross Profit¥9.87B¥9.11B+8.4%
SG&A Expenses¥7.80B¥7.25B+7.6%
Operating Income¥2.07B¥1.86B+11.5%
Non-operating Income¥215M¥221M−2.7%
Non-operating Expenses¥43M¥42M+2.4%
Ordinary Income¥2.24B¥2.04B+10.2%
Profit Before Tax¥2.26B¥1.99B+14.0%
Income Tax Expense¥802M¥632M+26.9%
Net Income¥1.46B¥1.35B+7.8%
Net Income Attributable to Owners¥1.44B¥1.34B+7.2%
Total Comprehensive Income¥1.72B¥1.57B+10.1%
Interest Expense¥10M¥7M+42.9%
Basic EPS¥46.57¥39.67+17.4%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥58.84B¥57.43B+¥1.40B
Cash and Deposits¥26.54B¥26.00B+¥542M
Accounts Receivable¥23.59B¥23.19B+¥406M
Inventories¥6.79B¥6.36B+¥430M
Non-current Assets¥57.76B¥57.26B+¥500M
Property, Plant & Equipment¥35.24B¥34.96B+¥280M
Intangible Assets¥5.53B¥5.19B+¥345M
Goodwill¥3.01B¥2.78B+¥229M
Investment Securities¥9.91B¥9.70B+¥219M
Total Assets¥116.60B¥114.69B+¥1.91B
Current Liabilities¥25.51B¥25.00B+¥508M
Accounts Payable¥12.16B¥11.56B+¥598M
Short-term Loans¥4.64B¥2.98B+¥1.66B
Non-current Liabilities¥5.77B¥5.26B+¥513M
Long-term Loans¥58M¥61M−¥3M
Total Liabilities¥31.28B¥30.26B+¥1.02B
Total Equity¥85.31B¥84.43B+¥884M
Capital Stock¥8.11B¥8.11B¥0
Capital Surplus¥3.31B¥3.33B−¥23M
Retained Earnings¥74.62B¥74.05B+¥570M
Treasury Stock−¥4.75B−¥4.75B¥0
Owners' Equity¥84.53B¥83.72B+¥811M
Working Capital¥33.33B--

Profitability Ratios

ItemValue
Net Profit Margin3.5%
Gross Profit Margin24.3%
Current Ratio230.6%
Quick Ratio204.0%
Debt-to-Equity Ratio0.37x
Interest Coverage Ratio207.20x
Effective Tax Rate35.5%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+3.6%
Operating Income YoY Change+11.5%
Ordinary Income YoY Change+10.1%
Profit Before Tax YoY Change+14.0%
Net Income YoY Change+7.8%
Net Income Attributable to Owners YoY Change+7.2%
Total Comprehensive Income YoY Change+10.1%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)33.09M shares
Treasury Stock2.21M shares
Average Shares Outstanding30.88M shares
Book Value Per Share¥2,762.38

Segment Information

SegmentRevenueOperating Income
DispensingService¥15.68B¥299M
EcologyService¥3.68B¥421M
HealthyLifeService¥21.19B¥2.04B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥33M−¥12M

Full Year Forecast

ItemForecast
Net Sales Forecast¥165.40B
Operating Income Forecast¥8.98B
Ordinary Income Forecast¥9.44B
Net Income Attributable to Owners Forecast¥6.12B
Basic EPS Forecast¥198.08
Dividend Per Share Forecast¥80.00