Tomita Electric swings to profit in H1 2026 on sales growth

Tomita Electric reported a net profit of JPY 127 million for the second quarter (interim period) of the fiscal year ending January 2026, a significant improvement from the JPY -73 million net loss in the same period last year. Sales increased by 1.3% to JPY 730 million, up from JPY 721 million. Operating loss narrowed to JPY -47 million from JPY -78 million, while ordinary loss decreased to JPY -26 million from JPY -69 million.

The company's total assets decreased to JPY 4,519 million as of July 31, 2025, from JPY 4,785 million at the end of the previous fiscal year, while net assets marginally increased to JPY 3,870 million from JPY 3,847 million. The capital adequacy ratio improved to 85.6% from 80.4%. Tomita Electric projects full-year sales of JPY 1,650 million and a net profit of JPY 129 million, with basic earnings per share of JPY 158.84.

Key changes in accounting policies include the application of the "Accounting Standard for Income Taxes, etc." from the beginning of the current interim period, which did not materially affect the consolidated financial statements. The number of issued shares remained at 816,979, with treasury stock at 87 shares, down from 11,287.