On July 7th, Toda Kogyo <4100> announced its consolidated financial results for the first quarter of the 2025 fiscal year (April to June 24). Revenue increased by 18.2% from the same period last year to 7.307 billion yen, operating loss was 0.031 billion yen (loss of 0.077 billion yen in the same period last year), ordinary income decreased by 75.2% to 0.176 billion yen, and net income attributable to the parent company's shareholders for the quarter decreased by 95.7% to 0.028 billion yen.
Revenue for the functional pigment business decreased by 5.2% from the same period last year to 2.089 billion yen, and segment profit decreased by 18.9% to 0.249 billion yen. Although the overall market demand is recovering, the decrease in sales and profits was attributed to the decline in demand for some products such as materials for copiers, printers, recording materials, etc.
Revenue for the electronic materials business increased by 30.5% from the same period last year to 5.343 billion yen, and segment profit increased by 14.3% to 0.469 billion yen. Demand for existing products manufactured by the company's consolidated subsidiary that produces materials for LIBs has declined due to the end of the product life cycle. On the other hand, sales of magnetic materials and dielectric materials are thriving and have exceeded the same period last year. In addition, due to the consolidation of Toda Is Corporation as a consolidated subsidiary, sales and profits increased. As for the consolidated performance forecast for the full year of the 2025 fiscal year, we have maintained the initial plan of revenue increasing by 22.0% from the previous year to 32 billion yen, operating profit increasing by 497.2% to 0.7 billion yen, ordinary income decreasing by 5.8% to 1.1 billion yen, and net income attributable to the parent company's shareholders being 0.6 billion yen.
For the consolidated performance forecast for the full year ending March 2025, revenue is expected to increase by 22.0% compared to the previous year, to 32 billion yen, operating profit is expected to increase by 497.2% to 0.7 billion yen, ordinary profit is expected to decrease by 5.8% to 1.1 billion yen, and net income attributable to parent company shareholders is expected to be 0.6 billion yen, maintaining the initial plan.
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