Torq Posts Sharp Profit Drop but Keeps Forecasts and Dividend Intact

TORQ, Inc. ( (JP:8077) ) just unveiled an update.

Torq Inc. reported a weak first quarter for the fiscal year ending October 31, 2026, with net sales down 9.1% year on year to ¥5.1 billion and operating profit plunging 51.9% to ¥137 million. Ordinary profit fell 61.9% to ¥78 million, and profit attributable to owners slid 83.9% to ¥18 million, reflecting significant earnings pressure despite only a modest decline in assets and equity.

Despite the poor quarterly earnings, Torq kept its full-year guidance unchanged, projecting a 6.8% drop in sales to ¥21 billion but expecting operating profit to rise 35.6% to ¥650 million and profit attributable to owners to climb 39.2% to ¥550 million. The company also plans to maintain its annual dividend at ¥6 per share, signaling management’s confidence in a profit recovery and a continued commitment to shareholder returns.

The most recent analyst rating on (JP:8077) stock is a Buy with a Yen264.00 price target. To see the full list of analyst forecasts on TORQ, Inc. stock, see the JP:8077 Stock Forecast page.

More about TORQ, Inc.

Torq Inc., listed on the Tokyo Stock Exchange, operates in Japan as an industrial and commercial company, though the release does not detail its specific products or services. The firm maintains a solid financial base, with total assets of ¥33.5 billion and an equity-to-asset ratio of 42.3% as of January 31, 2026, and has a long-standing dividend track record.

Average Trading Volume: 24,994

Technical Sentiment Signal: Sell

Current Market Cap: Yen5.57B

For detailed information about 8077 stock, go to TipRanks’ Stock Analysis page.