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Updated · MarketWatch · May 11Takano reports FY2026 net profit rise
3 articles · Updated · MarketWatch · May 11
- The Japanese company posted net profit of Y616.00m for the year ended 31 March, on revenue of Y24.80bn, versus Y520.00m and Y23.97bn a year earlier.
- Operating profit nearly doubled to Y841.00m from Y451.00m, while pretax profit rose to Y1.00bn from Y528.00m.
- Per-share earnings increased to Y40.48 from Y34.19, with the results prepared under Japanese accounting standards.
Takano's profits nearly doubled on flat sales. What is its hidden strategy? Is this 127-year-old firm the secret weapon for Japan's AI robot ambitions? How did a bankrupt watchmaker become a key player in Japan's AI revolution?