Topre Corporation Reports 2.7% Decrease in Q1 Net Sales, 74% Drop in Ordinary Profit
Topre Corporation reported a 2.7% decrease in Q1 net sales, totaling ¥88.12 billion, alongside a 74% drop in ordinary profit to ¥2.744 billion. Operating profit rose by 3.5% to ¥4.873 billion. The Press-Related Products segment saw a 5.1% decline in net sales, attributed to reduced shipments in Japan and China, despite a 1.6% increase in operating profit. No revisions to the financial forecast were made, and no specific guidance was provided.
Topre Corporation has reported its financial results for the first quarter, revealing a mixed performance. The company’s consolidated net sales stood at ¥88.12 billion, marking a year-on-year decrease of ¥2.462 billion, or 2.7%. Contrarily, operating profit saw a modest increase, rising by ¥166 million to ¥4.873 billion, which represents a 3.5% increase from the previous year. However, ordinary profit experienced a significant decline, dropping by ¥7.819 billion to ¥2.744 billion, a decrease of 74.0%. The profit attributable to owners of the parent company was ¥2.039 billion, down ¥4.972 billion, or 70.9%, from the same period last year. In the business segment breakdown, the Press-Related Products Businesses reported net sales of ¥70.216 billion, a decrease of ¥3.758 billion, or 5.1%, year on year. This decline was attributed to reduced shipment volumes in Japan and China, as well as negative foreign exchange impacts in North America. Despite this, the segment’s operating profit increased by ¥45 million, or 1.6%, to ¥2.866 billion, driven by sales growth in India and improved profitability in the United States. Additionally, there was a significant business update with the exclusion of PT. Topre Indonesia Autoparts from the scope of consolidation during this period. No revisions were made to the most recently released financial results forecast, and no specific guidance or outlook was provided in the current report. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Topre Corporation published the original content used to generate this news brief on August 08, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
