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Toyota Boshoku Beats Sales Forecast but Profits Hit by Recall Costs and Impairments

Story Highlights
  • Toyota Boshoku exceeded its sales forecast but saw profits slump due to recall-related quality costs and asset impairments.
  • Despite higher non-consolidated sales and wider operating loss, ordinary profit rose on stronger subsidiary dividends and lower taxes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Toyota Boshoku Beats Sales Forecast but Profits Hit by Recall Costs and Impairments

Meet Samuel – Your Personal Investing Prophet

Toyota Boshoku ( (JP:3116) ) has issued an announcement.

Toyota Boshoku reported full-year consolidated revenue of ¥2,037.1 billion for the year ended March 31, 2026, exceeding its prior forecast, but profits fell sharply as operating profit dropped to ¥53.9 billion. The company cited substantial quality-related costs linked to a recent vehicle recall involving its products and impairment losses on fixed assets in the Americas as key drivers of the earnings shortfall.

On a non-consolidated basis, net sales rose 4.6% year on year to ¥941.7 billion, supported by contributions from new products, yet operating loss widened amid the same quality-related expenses. Nevertheless, ordinary profit and bottom-line profit improved thanks to higher dividend income from subsidiaries and a lower tax burden, partially cushioning the financial impact on shareholders and highlighting the importance of group income streams.

The most recent analyst rating on (JP:3116) stock is a Hold with a Yen2400.00 price target. To see the full list of analyst forecasts on Toyota Boshoku stock, see the JP:3116 Stock Forecast page.

More about Toyota Boshoku

Toyota Boshoku Corporation is a Japanese automotive parts supplier that develops and manufactures interior components and seating systems for vehicle makers worldwide. Listed on the Tokyo and Nagoya exchanges, the company is closely tied to Toyota Group demand trends and foreign exchange movements in its global markets.

Average Trading Volume: 743,163

Technical Sentiment Signal: Buy

Current Market Cap: Yen417.9B

For detailed information about 3116 stock, go to TipRanks’ Stock Analysis page.

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