Toyo Suisan sees slight profit dip despite revenue growth in first half

For the six months ended September 30, 2025, Toyo Suisan Kaisha reported net sales of JPY 256,074 million, a 1.1% increase year-on-year. However, operating profit saw a marginal decrease of 0.1% to JPY 39,772 million, while ordinary profit declined by 1.0% to JPY 43,784 million. Profit attributable to owners of parent also experienced a slight dip of 0.6% to JPY 33,325 million.

The company's financial position strengthened, with total assets increasing by JPY 10,996 million to JPY 605,974 million, and net assets growing by JPY 13,501 million to JPY 507,146 million. This resulted in an equity ratio of 81.6%. Cash and cash equivalents rose significantly by 44.2% to JPY 56,786 million, though net cash from operating activities decreased by JPY 9,113 million to JPY 33,009 million.

The company adjusted its accounting policy for overseas subsidiaries' revenues and expenses, now converting them to yen using the average exchange rate for the period to mitigate temporary foreign currency fluctuations and better reflect performance. This retrospective application led to higher reported figures for the previous year's interim period across several profit metrics.