Aisin reports surging interim profits, delays share buyback

Aisin Corporation reported robust financial results for the second quarter of the fiscal year ending March 2026, with revenue increasing by 5.1% to 2,472,066 million yen. Operating profit surged by 70.9% to 96,060 million yen, and profit attributable to owners of the parent soared by 765.1% to 69,811 million yen. Basic earnings per share for the six months ended September 30, 2025, were 93.19 yen. The company maintains its full-year consolidated earnings forecasts for FY2026.

The company plans a share buyback via a tender offer, now expected in or after March 2026 due to delays concerning Toyota Industries Corporation. This buyback is contingent on the completion of the Toyota Industries tender offer and subsequent settlement. Aisin will seek a new board resolution for the share repurchase, as the original resolution's deadline (March 31, 2026) is unlikely to be met.

Aisin also announced the exclusion of Aisin Chemical Co., Ltd. from its consolidation scope effective April 1, 2025, following a merger into Aisin Corporation. The company’s total assets slightly increased to 4,287,583 million yen, while total liabilities decreased by 3.0% to 1,990,412 million yen.