Tenryu Saw Mfg. Co., Ltd. Revises Earnings Forecast — Net Profit Swings to Loss
Tenryu Saw Mfg. Co., Ltd. (TSE:5945) has revised its earnings forecast for the fiscal year ending March 2027, projecting a net loss due to a planned asset sale despite unchanged operating performance.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 6.70bn | JPY 6.70bn | +0.0% |
| Operating Profit | JPY 800M | JPY 800M | +0.0% |
| Ordinary Income | JPY 1.02bn | JPY 1.02bn | +0.0% |
| 親会社株主に帰属する中間純利益 | JPY 710M | △285M | — |
| １株当たり中間純利益 | 79.49 | △31.86 | — |
The company plans to record a fixed asset loss of JPY 1.16bn in the second quarter (interim period) ending September 2026 from the sale of land and buildings totaling approximately 3,193 square meters in Higashi-Osaka, Osaka Prefecture. The divestiture is intended to improve capital efficiency. For the full fiscal year, net profit attributable to parent company shareholders is now forecast at a loss of JPY 810M, compared to the previous projection of JPY 670M profit—a swing of JPY 1.48bn.
Operating profit and ordinary income (keijo rieki), a Japan-specific metric encompassing operating profit plus non-operating items, remain unchanged at JPY 800M and JPY 1.02bn respectively, indicating core business operations remain on track. The company has maintained its annual dividend at JPY 83 per share, calculating the payout ratio excluding the one-time asset loss impact. International investors should note that the extraordinary loss does not reflect operational deterioration; the underlying business continues to meet guidance on revenue and profitability metrics.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.