The company’s top-line revenue fell to ¥194.75 billion from ¥218.15 billion in the same period last year, a decline that reflects shifting demand within the global automotive sector. However, the Tokyo-listed manufacturer offset some of these losses through improved operational performance.
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Tachi-S Maintains Profit Levels Despite Sharp Revenue Decline
Japanese automotive seating specialist Tachi-S Co. Ltd. reported a net profit of ¥5.10 billion for the nine-month period ending December 31, nearly matching its prior-year performance despite a significant contraction in group revenue.
Strengthening Operating Margins
According to the financial filing, operating profit rose to ¥5.57 billion, up from ¥5.02 billion a year earlier. Pretax profit also saw a notable increase, climbing to ¥7.13 billion compared to ¥5.55 billion in the previous cycle. This divergence between falling revenue and rising operating income suggests the implementation of effective cost-containment measures.Earnings per share for the period were ¥148.81, down slightly from the ¥149.90 recorded previously. Tachi-S, which supplies seating systems to major global automakers, prepared these results based on Japanese accounting standards.
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