TDKTDK Corporation6762東証プライム電気機器FY ending Mar 2026, consolidated, IFRS

TDK FY ending Mar 2026 results

About 55% of TDK's sales come from Energy Application Products, with Passive Components and Magnetic Application Products making up much of the rest.

Out of every ¥100 of sales, about ¥11 is left as operating profit.

Revenue changed +13.6% from the prior year, operating profit +21.5%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +13.6% · profit +21.5%, calculated from disclosed figures.

Operating leverage: 1.58× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+13.6%¥2.2T → ¥2.5T
Gross profit
+13.9%¥688B → ¥783.4B
Operating income
+21.5%¥224.2B → ¥272.4B
Net income attributable to owners
+17.1%¥167.2B → ¥195.7B
Operating cash flow
+13.9%¥445.8B → ¥507.7B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥2.5T, up 13.6% from ¥2.2T.
  • Operating income grew faster, rising 21.5% to ¥272.4B.
  • Net income attributable to owners reached ¥195.7B (+17.1%), and operating cash flow was ¥507.7B (+13.9%).

What drove the change

  • Demand for data-center hard drives stayed high, so TDK shipped more HDD heads and suspensions
  • Small batteries for smartphones sold more thanks to new phone models, and mid-size batteries for industrial equipment also grew
  • Higher volumes, cost cuts and savings from last year's restructuring lifted profit, while price discounts, higher R&D spending (mainly on batteries) and a stronger yen held it back

Things to watch

  • Price competition with Japanese, Korean, Taiwanese and Chinese rivals is intense, and pressure to cut prices keeps growing
  • A large share of sales and production is tied to China, so political or economic changes there could hurt results
  • One customer group accounts for a large share of revenue, mainly through battery sales

Annual Securities Report (130th term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (130th term) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 TDK sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥69
SG&A
¥22
Other costs
¥2
Operating profit
¥11
Net profit kept
¥8

Annual margin trends

Gross margin31.3%
FY ending Mar 2021: 28.8%28.8%FY ending Mar 2022: 29.6%29.6%FY ending Mar 2023: 26.8%26.8%FY ending Mar 2024: 28.7%28.7%FY ending Mar 2025: 31.2%31.2%FY ending Mar 2026: 31.3%31.3%FY21FY22FY23FY24FY25FY26
Operating margin10.9%
FY ending Mar 2021: 7.6%7.6%FY ending Mar 2022: 8.8%8.8%FY ending Mar 2023: 7.7%7.7%FY ending Mar 2024: 8.2%8.2%FY ending Mar 2025: 10.2%10.2%FY ending Mar 2026: 10.9%10.9%FY21FY22FY23FY24FY25FY26
Net margin7.8%
FY ending Mar 2021: 5.0%5.0%FY ending Mar 2022: 6.9%6.9%FY ending Mar 2023: 5.2%5.2%FY ending Mar 2024: 5.9%5.9%FY ending Mar 2025: 7.6%7.6%FY ending Mar 2026: 7.8%7.8%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第130期(2025/04/01-2026/03/31)

    ID S100YD2Y2026-06-17Open
  • EDINET (FSA Japan)

    有価証券報告書-第129期(2024/04/01-2025/03/31)

    ID S100VZFD2025-06-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第128期(2023/04/01-2024/03/31)

    ID S100TOOW2024-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第127期(2022/04/01-2023/03/31)

    ID S100R0PF2023-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第126期(令和3年4月1日-令和4年3月31日)

    ID S100ODQV2022-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第125期(令和2年4月1日-令和3年3月31日)

    ID S100LMH92021-06-23Open

Extracted from XBRL: 43

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