Tachi-S saw its group revenue drop to ¥194.75 billion, down from ¥218.15 billion in the corresponding period the previous year. Despite the top-line pressure, the manufacturer demonstrated improved operational efficiency. Operating profit climbed to ¥5.57 billion, surpassing the ¥5.02 billion generated during the same nine-month window in 2024.
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Tachi-S Profit Holds Steady Amid Revenue Contraction
Tokyo-based automotive seating supplier Tachi-S Co. Ltd. reported a resilient bottom line for the nine months ended December 31, 2024, despite a sharp decline in overall revenue. While sales figures retreated, the company successfully expanded its operating and pretax margins, according to the latest financial filing released under Japanese accounting standards.
Shifting Margins and Bottom-Line Results
The company’s pretax profit surged to ¥7.13 billion, a notable increase from the ¥5.55 billion reported a year earlier. This growth at the pretax level helped offset the broader revenue slump, though net profit remained virtually flat. The firm recorded a net income of ¥5.10 billion, compared to ¥5.14 billion in the prior-year period.The filing highlighted several key performance indicators for the three quarters:
- Earnings per share (EPS) reached ¥148.81, down slightly from ¥149.90.
- Diluted earnings per share were reported at ¥128.19.
- Total group revenue contracted by approximately 10.7% year-over-year.
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