TS Tech KK

Latest Results (14.08.2024):

Revenue Growth

TS Tech KK reported consolidated revenue of 112,516 million yen for the cumulative first quarter of FY2025, marking a significant increase of 20.7% compared to the same period in FY2024. This growth was primarily driven by favorable foreign exchange rates and higher production volumes, especially in the Americas and Japan.

Operating Income Surge

Operating income for TS Tech KK in the first quarter of FY2025 reached 2,495 million yen, a substantial rise of 2,396 million yen or 2,417.4% year-on-year. The increase in operating income was mainly due to higher revenue, which offset the rise in expenses.

Net Income Increase

Income attributable to owners of the parent company for TS Tech KK surged to 2,473 million yen in the first quarter of FY2025, representing a year-on-year increase of 2,345 million yen or 1,834.4%. This significant rise was attributed to the overall improvement in revenue and operating income.

Segment Performance

In the first quarter of FY2025, TS Tech KK's revenue in Japan increased by 42.9% to 24,900 million yen, while operating income rose by 44.0% to 2,105 million yen. In the Americas, revenue grew by 26.8% to 68,769 million yen, and the segment turned profitable with an operating income of 1,249 million yen, compared to a loss in the previous year.

Financial Position

As of the end of the first quarter of FY2025, TS Tech KK's total assets stood at 449,324 million yen, an increase of 3,109 million yen from the end of the previous fiscal year. This increase was mainly due to the impact of foreign exchange rates and other factors, which more than offset the decline in trade and other receivables.