Torishima Pump to sell Fujitec shares, boosts profit forecast

Torishima Pump Mfg. Co., Ltd. resolved on December 11, 2025, to apply to a tender offer for all 550,000 common shares of Fujitec Co., Ltd. held as policy-holding shares. This decision cites support from Fujitec's board and reasonable offer conditions. The tender offer, by Bospolder 1 K.K., proposes a purchase price of JPY 5,700 per share, totaling a planned sale amount of JPY 3.135 bn.

This sale is expected to generate a special income of JPY 2.805 bn from the gain on sale of investment securities in the third quarter of the fiscal year ending March 2026. Consequently, Torishima Pump has revised its full-year consolidated earnings forecast for the period ending March 31, 2026.

The revised forecast maintains net sales, operating income, and ordinary income at JPY 89,000 m, JPY 5,800 m, and JPY 5,100 m respectively. However, net income attributable to owners of the parent is now projected at JPY 5,600 m, an increase of JPY 2,000 m (55.6%) from the previous forecast of JPY 3,600 m. This adjusts the EPS to JPY 212.79, up from JPY 136.80. The tender offer period runs from November 14, 2025, to December 15, 2025, with settlement commencing on December 22, 2025.