Totech posts record half-year sales and profit, raises full-year forecast

Totech Corporation achieved record half-year sales and profits for Q2 FY3/26. Net sales increased by 14.8% year-over-year to 78.4 bn yen, and operating profit rose by 24.4% to 7.2 bn yen. This robust performance was attributed to new construction demand from redevelopment projects, private-sector investments, and public-sector projects, alongside improved profit margins. All three core business areas—HVAC, instrumentation, and energy—posted double-digit sales growth.

Reflecting these strong Q2 results, Totech revised its full-year business forecasts upwards for FY3/26. Net sales are now projected to be 166 bn yen (up 3.8% from initial forecasts), and operating profit is expected to reach 16 bn yen (up 6.7% from initial forecasts). The annual dividend has also been increased by 13 yen to 117 yen per share, maintaining a payout ratio of 40.0%.

The company's long-term growth targets aim for 200 bn yen in net sales and 15 bn yen in ordinary profit by FY2030, with interim targets for FY2025 already achieved a year ahead of schedule. Totech is also actively investing in human resources, expanding its office network with new domestic and overseas locations, and promoting remote maintenance services through DX.