Toyo Seikan Group HoldingsToyo Seikan Group Holdings, Ltd.5901東証プライム金属製品FY ending Mar 2026, consolidated, J-GAAP

Toyo Seikan Group Holdings FY ending Mar 2026 results

About 63% of Toyo Seikan Group Holdings's sales come from Packaging business, with Engineering, filling, and logistics businesses and Steel-plate related business making up much of the rest.

Out of every ¥100 of sales, about ¥5 is left as operating profit.

Revenue changed +4.4% from the prior year, operating profit +51.8%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +4.4% · profit +51.8%, calculated from disclosed figures.

Operating leverage: 11.74× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +4.4%¥922.5B → ¥963.2B
Gross profit: +14.7%¥122.5B → ¥140.5B
Operating income: +51.8%¥34.3B → ¥52B
Net income attributable to owners: +144.5%¥22.5B → ¥55B
Operating cash flow: -5.4%¥94.1B → ¥89B
Free cash flow: -33.4%¥60B → ¥39.9B

Results at a glance

Revenue for the FY ending Mar 2026 was ¥963.2B, up +4.4% from ¥922.5B.
Profit grew much faster: operating income rose +51.8% to ¥52B, and net income rose +144.5% to ¥55B.
Cash generation went the other way, with operating cash flow down -5.4% to ¥89B and free cash flow down -33.4% to ¥39.9B.

What drove the change

The company raised prices, mainly in packaging. Packaging volumes fell, but sales held flat.
Overseas engineering recovered as more can- and end-making machines were sold to new customers. The prior year also carried a large one-off bad-debt loss in this business.
A Malaysian filling company was consolidated for the full year. Net income was also helped by gains on selling investment securities.

Things to watch

If rising costs for materials, energy, labor and shipping can't be passed on in prices, margins could shrink.
Container makers face price competition, and some customers are making their own containers, which could weaken pricing power.
A shrinking population and weak consumer spending in Japan could cut sales volumes.

Annual Securities Report (FY ending Mar 2026) / 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 (FY ending Mar 2026) / 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 Toyo Seikan Group Holdings sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥86
SG&A: ¥9
Operating profit: ¥5
Net profit kept: ¥6

Annual margin trends

Gross margin14.6%

Operating margin5.4%

Net margin5.7%

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

Packaging business¥602.3B
63%
Op. margin 4.4%Industry: Food Packaging
Engineering, filling, and logistics businesses¥179.3B
19%
Op. margin 1.8%Industry: Industrial Machinery
Steel-plate related business¥91.5B
9%
Op. margin 10.8%Industry: Steel
Functional materials related business¥57.8B
6%
Op. margin 11.8%Industry: Chemicals
Other¥24B
2%
Op. margin 9.0%
Property related business¥8.33B
1%
Op. margin 60.2%Industry: Real Estate Development & Leasing

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113期(2025/04/01－2026/03/31)
ID S100YGR92026-06-23Open
EDINET (FSA Japan)
訂正有価証券報告書－第112期(2024/04/01－2025/03/31)
ID S100W5SX2025-06-25Open
EDINET (FSA Japan)
有価証券報告書－第111期(2023/04/01－2024/03/31)
ID S100TPPB2024-06-21Open
EDINET (FSA Japan)
有価証券報告書－第110期(2022/04/01－2023/03/31)
ID S100R2VF2023-06-23Open
EDINET (FSA Japan)
有価証券報告書－第109期(令和3年4月1日－令和4年3月31日)
ID S100OFP12022-06-24Open
EDINET (FSA Japan)
有価証券報告書－第108期(令和2年4月1日－令和3年3月31日)
ID S100LPHU2021-06-25Open

Extracted from XBRL: 55 / Derived from other figures: 2

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