Tokai Rika Net Profit Halves Amid Rising Operational Costs

Net profit at automotive parts supplier Tokai Rika Co. plummeted to 9.93 billion yen for the first half of the fiscal year ending September 30, a sharp decline from the 19.46 billion yen reported during the same period last year, according to the company’s latest financial disclosure.

October 28, 2026, 08:46 AM 2,056 0

Despite a revenue increase to 333.08 billion yen from 314.82 billion yen, the company struggled to maintain profitability as margins compressed. Operating profit fell to 17.56 billion yen from 21.35 billion yen a year prior. Pretax profit followed a similar downward trajectory, dropping to 17.65 billion yen from 25.18 billion yen.

These results, prepared under Japanese accounting standards, reflect a significant squeeze on the bottom line. Earnings per share for the period settled at 116.63 yen, nearly half the 228.73 yen recorded in 2025.

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