Tokyo Keiki reports strong half-year earnings, raises full-year outlook

For the six months ended September 30, 2025, Tokyo Keiki Inc. reported net sales of 24,425 million yen, an 18.7% increase year-on-year. The company returned to profitability with an operating profit of 722 million yen, a substantial improvement from an operating loss of (105) million yen in the same period last year. Ordinary profit reached 825 million yen, and profit attributable to owners of parent was 839 million yen. Basic earnings per share stood at 51.07 yen.

The positive performance was primarily fueled by strong sales in the Defense & Communications Equipment Business, benefiting from increased Japanese national defense budgets, and steady demand in the Marine Systems Business. The company's total assets decreased slightly to 75,596 million yen, while net assets increased to 41,385 million yen, raising the equity-to-asset ratio to a sound 54.0%.

Tokyo Keiki has revised its full-year financial forecasts for the fiscal year ending March 31, 2026. Net sales are now projected at 60,300 million yen, up from the previous forecast of 59,600 million yen. Operating profit is expected to reach 4,000 million yen, and profit attributable to owners of parent is forecast at 2,860 million yen, resulting in a net income per share of 174.04 yen. The dividend forecast for the fiscal year-end remains 40.00 yen per share.