Tsurumi Manufacturing raises earnings forecasts on strong sales

Tsurumi Manufacturing Co., Ltd. announced an upward revision to its consolidated earnings forecasts for both the six months ended September 30, 2025, and the full fiscal year ending March 31, 2026. For the first half, net sales are now projected at 35,759m yen, up 15.4% from 31,000m yen, with operating profit expected to reach 5,376m yen, up 19.5% from 4,500m yen. Ordinary profit is revised to 5,826m yen, up 29.5% from 4,500m yen, and profit attributable to owners of parent to 3,548m yen, up 10.9% from 3,200m yen.

For the full fiscal year, net sales are revised to 74,000m yen, up 4.2% from 71,000m yen, operating profit to 11,000m yen, up 5.8% from 10,400m yen, and ordinary profit to 11,300m yen, up 4.6% from 10,800m yen. Profit attributable to owners of parent is expected to be 7,800m yen, up 2.6% from 7,600m yen. Basic earnings per share are now projected at 162.41 yen for the full year.

These upward revisions are attributed to significant sales increases, particularly in the Japanese plant and factory market, due to high demand for high-efficiency submersible pumps. Overseas markets also exceeded expectations, with strong demand from the mining and steel markets in North America and the equipment/plant market in Asia, supported by a weakening yen.