Slides
Page 1
TSE Prime Market Securities Code 3116 FY2026（ending March 2026） 2026.2.3 (Tue) 3rd Quarter Financial Results
Page 2
Contents １．Overview of Financial Results ２．FY2026 3rd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Page 3
Contents １．Overview of Financial Results ２．FY2026 3rd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Page 4
We maintained the previous forecast, as recent results are generally progressing in line as targeted. Due to volume increase and profit improvement activities, we are steadily strengthening our profitability competitiveness. Operating profit increased due to volume increase in Japan and the Americas, the impact of new products and internal efforts such as additional cost reduction through profit improvement activities, despite the negative impact of additional U.S tariffs and quality-related cost. Actual Return to share holders Fore cast 1 1-1) Overview of Financial Results Annual dividends plan is 86 yen, with an interim of 43 yen and a year-end of 43 yen, as announced previously. By maintaining DOE 3% or more, aim to provide long-term stable profit return based on consolidated performance.
Page 5
Contents １．Overview of Financial Results ２．FY2026 3rd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Page 6
FY25 Q3 FY26 Q3 22 26 311 328 34 35 246 231 613 620 FY25 Q3 FY26 Q3 YOY Change Revenue 14,466 100% 15,062 100% 595 4.1% Operating Profit 520 3.6% 602 4.0% 82 15.8% Profit before income taxes 552 3.8% 654 4.3% 101 18.4% Profit* 282 2.0% 286 1.9% 3 1.2% Exchange Rate USD 153 yen 149 yen △4 yen EUR 165 yen 172 yen +7 yen SUV・ MPV 2 2-1) FY2026 3rd Quarter Financial Results Seat Volume/Profit and Loss Seat Volume （10,000 units） Compact Medium Large （100 million yen） Profit and Loss *Profit Attributable to Owners of the Parent
Page 7
3 520 58 51 61 △47 21 △62 602 Forex impact with JPY+7 within the region+14 Changes in product prices△114 Wage up△28 Cost reduction+203 New product effects+40 Market Price△31 Products mix etc.+42 Labor△54 Expense△25 Depreciation+32 Profit increased due to volume increase in Japan and the Americas, additional to the effects of new products and global cost reduction despite the impact of additional U.S. tariffs and quality-related cost Americas Quality-related cost△37 U.S. tariffs impact△22 Prior-year price adjustment△14 Impact of flooding in Argentina△7 Consolidated adjustment etc.+18 2-2) FY2026 3rd Quarter Financial Results Consolidated Analysis of Operating Profit Volume Effort to Offset Overhead Costs Foreign Exchange OthersFY25 Q3 FY26 Q3 Model & Product Mix （100 million yen）
Page 8
Japan Americas China Asia Europe & Africa FY25 FY26 YOY Change FY25 FY26 YOY Change FY25 FY26 YOY Change FY25 FY26 YOY Change FY25 FY26 YOY Change Revenue 6,939 7,140 201 3,520 4,035 514 1,816 1,603 △213 2,156 2,224 67 874 885 10 Operating Profit 92 161 69 △59 7 66 164 117 △46 282 292 10 39 23 △15 Ratio 1.3% 2.3% - △1.7% 0.2% - 9.0% 7.4% - 13.1% 13.1% - 4.5% 2.7% - 14 15 7 10 1 0 140 148 75 87 35 32 54 53 7 8 20 19 14 15 1 1 63 58 25 24 48 39 62 63 49 47 237 240 101 110 104 97 116 117 56 56 SUV・MPV 4 SUV・MPV SUV・MPV SUV・ MPV 2-3) FY2026 3rd Quarter Financial Results Seat Volume/Profit and Loss by Segments （10,000 units）Seat Volume FY26 Q3FY25 Q3 Profit and Loss（100 million yen） SUV・MPV Compact Medium Large Compact Compact Medium Large Compact Medium Compact Japan China Europe & AfricaAmericas Asia Large
Page 9
92 45 58 △3 △30 △8 7 161 Consolidated adjustment etc.+7 New product effects+38 Market Price△6 Products mix etc.+26 Labor△17 Expense△11 Depreciation△2 Changes in product prices△45 Wage up△12 Cost reduction+54 Forex impact within the region△8 Profit increased due to volume increase and the effects of new products, despite an increase in overhead costs 5 2-4) FY2026 3rd Quarter Financial Results Japan Analysis of Operating Profit （100 million yen） Volume Effort to Offset Overhead Costs Foreign Exchange OthersFY25 Q3 FY26 Q3 Model & Product Mix
Page 10
△59 33 28 46 △3 3 7 Market Price△3 Products mix etc.+31 Changes in product prices△13 Wage up△6 Cost reduction+65 Forex impact with JPY+2 within the region+1 Profit increased due to higher production volume driven by last year’s customer shutdown and cost reduction, despite the impact of additional U.S. tariffs and quality-related cost Labor△23 Expense△17 Depreciation+37 6 Quality-related cost△37 U.S. tariffs impact△22 Prior-year price adjustment△14 Impact of flooding in Argentina△7 Consolidated adjustment etc.+39 Volume Effort to Offset Overhead Costs Foreign Exchange OthersFY25 Q3 FY26 Q3 Model & Product Mix 2-4) FY2026 3rd Quarter Financial Results The Americas Analysis of Operating Profit （100 million yen） △41
Page 11
164 △20 △19 1 △1 △2 △6 117 Changes in product prices△42 Wage up△1 Cost reduction+44 Forex impact with JPY△2 Labor△8 Expense+7 Products mix etc.△19 Consolidated adjustment etc.△6 Profit decreased due to volume decreased and changes in the vehicle mix 7 2-4) FY2026 3rd Quarter Financial Results China Analysis of Operating Profit Volume Effort to Offset Overhead Costs Foreign Exchange OthersFY25 Q3 FY26 Q3 Model & Product Mix （100 million yen）
Page 12
282 3 △1 14 △10 8 △4 292 Changes in product prices△11 Wage up△5 Cost reduction+30 Forex impact with JPY+6 within the region+2 Consolidated adjustment etc.△4Labor△4 Expense△3 Depreciation△3 New product effects+2 Products mix etc.△3 8 Profit increased due to volume increase and cost reduction, despite an increase in overhead costs Volume Effort to Offset Overhead Costs Foreign Exchange OthersFY25 Q3 FY26 Q3 Model & Product Mix （100 million yen） 2-4) FY2026 3rd Quarter Financial Results Asia Analysis of Operating Profit
Page 13
39 △3 △15 3 △3 20 △18 23 Changes in product prices△3 Wage up△4 Cost reduction+10 Labor△2 Expense△1 Forex impact with JPY+1 within the region+19 Consolidated adjustment etc.△18 Profit decreased due to volume decrease and market prices, despite foreign exchange impact Market Price△22 Products mix etc.+7 9 （100 million yen） 2-4) FY2026 3rd Quarter Financial Results Europe & Africa Analysis of Operating Profit Volume Effort to Offset Overhead Costs Foreign Exchange OthersFY25 Q3 FY26 Q3 Model & Product Mix
Page 14
Contents １．Overview of Financial Results ２．FY2026 3rd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Page 15
FY25 Actual FY26 Forecast YOY change Revenue 19,542 100% [19,800] 19,800 100% 257 1.3% Operating Profit 423 2.2% [750] 750 3.8% 326 76.9% Profit before income taxes 470 2.4% [800] 800 4.0% 329 69.9% Profit* 167 0.9% [450] 450 2.3% 282 169.1% Exchange Rate USD 153 yen [145] 148 yen △5 yen EUR 164 yen [170] 171 yen +7 yen ROE 3.7% 9.5% - Dividend (Dividend payout ratio) 86 yen (91.8%) 86 yen (34.1%) 0 yen (-) DOE 3.4% 3.2% - 10 30 421 47 322 820 825 [825] Medium SUV・ MPV 3-1) FY2026 Financial Forecasts Seat Volume/Profit and Loss Forecast Seat Volume []previous forecast （10,000 units） Profit and Loss （100 million yen） Compact Large FY25 Actual FY26 Forecast *Profit Attributable to Owners of the Parent
Page 16
746 22 8 86 △15 12 △109 750 423 [25] [△18] [102] [△18] [8] [△95] [750] 11 Steadily progress in profitability competitiveness by volume increase and profit improvement activities New product effects+47 Market price△42 Products mix etc.+3 Changes in product prices△185 Wage up△57 Cost reduction+328 Labor△37 Expense△9 Depreciation+31 Forex impact with JPY+7 within the region+5 Americas Quality-related cost△37 U.S. tariffs impact△30 Prior-Year price adjustment △15 Impact of flooding in Argentina△7 Consolidated adjustment etc.△20 Volume Effort to Offset Overhead Costs Foreign Exchange OthersFY25 Actual FY26 Forecast Model & Product Mix exc. impairment losses （100 million yen） 3-2) FY2026 Financial Forecasts Consolidated Analysis of Operating Profit []previous forecast
Page 17
Japan Americas China Asia Europe & Africa FY25 Actual FY26 Forecast YOY Change FY25 Actual FY26 Forecast YOY Change FY25 Actual FY26 Forecast YOY Change FY25 Actual FY26 Forecast YOY Change FY25 Actual FY26 Forecast YOY Change Revenue 9,392 9,600 207 4,890 5,200 309 2,335 1,900 △435 2,862 2,900 37 1,181 1,200 18 Operating Profit 101 190 88 △260 0 260 165 140 △25 361 370 8 54 50 △4 Ratio 1.1% 2.0% - △5.3% 0.0% - 7.1% 7.4% - 12.6% 12.8% - 4.6% 4.2% - 19 10 1 190 103 47 72 10 27 19 1 86 33 57 80 65 322 330 136 140 133 120 153 160 75 75 Compact Medium SUV・MPV Large Compact SUV・MPV 12 Compact Medium SUV・MPV Compact Medium SUV・MPV Compact SUV・ MPV (132) (57) (23) (△23) (173) (△33) [330] [140] [120] [160] [75] Large Large 3-3) FY2026 Financial Forecasts Seat Volume/Profit and Loss by Segments （10,000 units）Seat Volume []previous forecast FY26 Forecast FY25 Actual Japan China Europe & AfricaAmericas Asia Profit and Loss（100 million yen） ()exc. impairment losses
Page 18
（100 million yen） 3-4) FY2026 Financial Forecasts 1st/2nd Half by Region 13 1st Half 2nd Half Full Year Japan 4,636 4,963 [9,600] 9,600 The Americas 2,642 2,557 [5,200] 5,200 China 980 919 [1,900] 1,900 Asia 1,442 1,457 [2,900] 2,900 Europe & Africa 555 644 [1,200] 1,200 Total 9,722 10,077 [19,800] 19,800 1st Half 2nd Half Full Year Japan 76 1.6% 113 2.3% [180] 190 2.0% The Americas 12 0.5% △12 △0.5% [10] 0 0.0% China 80 8.2% 59 6.5% [150] 140 7.4% Asia 187 13.0% 182 12.5% [360] 370 12.8% Europe & Africa 15 2.8% 34 5.4% [50] 50 4.2% Total 370 3.8% 379 3.8% [750] 750 3.8% Operating Profit（100 million yen） Revenue []previous forecast
Page 19
Contents １．Overview of Financial Results ２．FY2026 3rd Quarter Financial Results ３．FY2026 Financial Forecasts ４．Appendix
Page 20
FY25 Actual FY26 Actual Forecast Q1 Q2 Q3 Q4 Yearly Q1 Q2 Q3 Yearly USD 155.89 149.37 152.45 152.61 152.58 144.59 147.49 154.14 148.00 EUR 167.88 164.02 162.59 160.51 163.75 163.80 172.32 179.37 171.00 CNY 21.48 20.82 21.15 20.95 21.10 19.99 20.59 21.73 20.70 THB 4.25 4.29 4.48 4.50 4.38 4.36 4.58 4.77 4.60 4-1) Appendix 14 Foreign Exchange Trends (yen)
Page 21
CAPEX R&D 249 335 447 513 388 383 507 743 781 760 328 354 365 410 423 448 473 503 551 600 4-2) Appendix 15 FY26FY25FY24FY23FY22 Q4 Q1~Q3 Capital Expenditures ・ Research and Development Trends(100 million yen) Q4 Q1~Q3 FY26FY25FY24FY23FY22
Page 22
16 4-3) Appendix FY22 Actual FY23 Actual FY24 Actual FY25 Actual FY26 Forecast Dividends Interim 32 yen 35 yen 43 yen 43 yen 43 yen Year-end 32 yen 35 yen 43 yen 43 yen 43 yen Yearly 64 yen 70 yen 86 yen 86 yen 86 yen DOE 3.3% 3.3% 3.7% 3.4% 3.2% Dividend payout ratio 30.5% 89.1% 27.3% 91.8% 34.1% Dividends Trends
Page 23
FY25 Actual FY26 Actual Forecast Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Global Seat volume 200 198 216 206 203 207 210 205 Revenue 4,880 4,601 4,985 5,075 4,796 4,925 5,339 4,737 Operating profit 166 171 181 △96※ 187 183 232 147 Ratio 3.4% 3.7% 3.6% △1.9% 3.9% 3.7% 4.3% 3.1% Japan Seat volume 75 77 84 85 78 80 83 90 Revenue 2,242 2,288 2,408 2,453 2,238 2,397 2,504 2,459 Operating profit 9 27 55 9※ 0 75 85 28 Ratio 0.4% 1.2% 2.3% 0.4% 0.0% 3.2% 3.4% 1.2% The Americas Seat volume 37 31 33 35 40 37 34 30 Revenue 1,381 1,026 1,112 1,370 1,351 1,291 1,393 1,164 Operating profit 21 △25 △55 △201※ 46 △34 △4 △7 Ratio 1.6% △2.5% △5.0% △14.7% 3.4% △2.6% △0.3% △0.7% 4-4) Appendix 17 Quarterly Trends (100 million yen, 10,000 units ) *incl. impairment losses
Page 24
FY25 Actual FY26 Actual Forecast Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 China Seat volume 30 33 41 29 31 32 34 23 Revenue 530 595 690 518 482 497 623 296 Operating profit 24 74 65 1 41 38 37 22 Ratio 4.6% 12.4% 9.5% 0.3% 8.6% 7.8% 6.0% 7.4% Asia Seat volume 38 40 38 38 37 41 39 43 Revenue 693 706 756 705 700 741 782 675 Operating profit 92 89 99 79 90 96 105 77 Ratio 13.4% 12.7% 13.1% 11.3% 13.0% 13.0% 13.5% 11.5% Europe & Africa Seat volume 19 18 19 19 18 18 20 19 Revenue 309 264 300 307 272 283 330 314 Operating profit 17 4 17 15 8 6 8 26 Ratio 5.8% 1.6% 5.8% 4.9% 3.1% 2.5% 2.5% 8.4% 4-4) Appendix 18 Quarterly Trends (100 million yen, 10,000 units )
Page 25
<Disclaimer> This report contains forecasts and expectations that relate to future plans and strategies in addition to the expected financial results of the Toyota Boshoku Corporation and the Toyota Boshoku group. Within are estimates based on assumptions and opinions that have been formed by the company from the information available at the time of writing. They involve risks and uncertainties. Accordingly, actual results may differ from the company's forecasts.