Tamura Corp reports Y1.39 billion net loss for FY2026

3 articles · Updated · MarketWatch · May 11

For the year ended 31 March, revenue rose to Y123.56 billion from Y114.05 billion, while operating profit edged up to Y5.29 billion.
Pretax profit slipped to Y4.88 billion from Y5.06 billion, and per-share earnings turned to a Y17.29 loss from a Y34.03 profit a year earlier.
The Japanese company’s results, prepared under Japanese accounting standards, show bottom-line deterioration despite higher sales and slightly improved operating profit.

With profits erased despite rising sales, can Tamura's bet on power electronics survive the ongoing global trade war?

Did Tamura's strategic pivot cause its massive loss, or was it a victim of crippling tariffs and supply chain chaos?