Toyota Tsusho Corporation (TSE: 8015), the general trading company (sogo shosha) of the Toyota group, reported record results on April 30, 2026 for the fiscal year ended March 2026, under IFRS. Revenue rose 12.1% year-on-year to ¥11,561,935 million (¥11.56 trillion), operating income (profit from operating activities) gained 9.7% to ¥545,235 million, pre-tax profit rose 5.2% to ¥564,938 million, and profit attributable to owners of the parent increased 2.2% to a record ¥370,516 million, equivalent to EPS of ¥350.95 (up from ¥343.40).
Broad-based revenue growth across a diversified portfolio
The double-digit revenue gain reflected strength across Toyota Tsusho's diversified businesses — mobility and automotive value chains, metals, global parts and logistics, chemicals and electronics, energy and Africa operations. Total comprehensive income surged 127.1% to ¥704,235 million, lifted by currency and valuation movements. Equity-method investment income rose to ¥17,782 million.
Sale of Toyota Industries stake
During the year Toyota Tsusho sold its entire holding of common shares in Toyota Industries Corporation, a transaction tied to the Toyota group's reorganisation of cross-shareholdings. In the parent-only accounts the disposal lifted gains on sale of investment securities by roughly ¥263.8 billion year-on-year. The company also announced a buyback and cancellation of its own shares, which is factored into its FY2027 per-share guidance.
Record dividend and ¥400bn profit guidance
Reflecting the record result, Toyota Tsusho raised its annual dividend to ¥120.00 per share (¥58 interim + ¥62 year-end) from ¥105.00, a payout ratio of 34.2%, and plans a further increase to ¥125.00 for FY2027. For the year ending March 2027 it guided profit attributable to owners of ¥400,000 million (+8.0%), equivalent to EPS of ¥426.58.
The balance sheet expanded to total assets of ¥8,523,667 million, with equity attributable to owners of ¥3,157,520 million and an equity ratio of 37.0% (book value per share ¥2,990.71). Operating cash flow was ¥461,168 million and cash and equivalents ended the year at ¥1,403,763 million. (Per-share figures reflect the 3-for-1 stock split of July 2024.)
| Metric | FY3/2026 | FY3/2025 | YoY |
|---|---|---|---|
| Revenue (¥ million) | 11,561,935 | 10,309,550 | +12.1% |
| Operating income (¥ million) | 545,235 | 497,174 | +9.7% |
| Pre-tax profit (¥ million) | 564,938 | 536,865 | +5.2% |
| Profit for the year (¥ million) | 399,187 | 388,246 | +2.8% |
| Profit attributable (¥ million) | 370,516 | 362,506 | +2.2% |
| EPS (¥) | 350.95 | 343.40 | +2.2% |
| Annual dividend (¥) | 120.00 | 105.00 | +14.3% |
| Total assets (¥ million) | 8,523,667 | 7,057,462 | — |
| Equity ratio | 37.0% | 37.2% | — |
| FY2027 guidance — profit attributable (¥ million) | 400,000 | — | +8.0% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.