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Terumo Corp
XMUN:TUO

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Terumo Corp
XMUN:TUO
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Price: 12.14 EUR -2.29% Market Closed
Market Cap: €18B

Terumo Corp
Investor Relations

Terumo is a Japanese medical device company that makes products used in hospitals, blood centers, and other healthcare settings. Its main businesses include injection and infusion devices, needles, catheters, cardiac and vascular treatment tools, blood management equipment, and products used to collect, process, and transfuse blood. It also sells related disposable items that healthcare workers use every day. The company earns money by selling these products to hospitals, clinics, blood banks, and medical distributors around the world. Some items are one-time-use consumables, which creates repeat demand because healthcare providers need to restock them continuously. Terumo also serves large medical institutions that buy specialized tools for procedures such as vascular intervention, surgery, and blood collection. What makes Terumo's business model distinctive is that it sits in several important parts of the healthcare supply chain at once: routine care, blood management, and advanced interventional medicine. That mix gives it both stable demand from everyday medical consumables and exposure to more specialized procedures that require highly engineered devices.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Feb 13, 2026
AI Summary
Q3 2026

Record Revenue: Terumo achieved its highest ever third-quarter and year-to-date revenue, with strong growth especially in North America (up 9% excluding FX).

Profit Beat: Operating profit and adjusted operating profit reached record highs, exceeding company guidance despite tariff and FX headwinds.

Acquisition Integration: Results now include the Leverkusen plant and OrganOx. OrganOx saw revenue up 50% YoY and profit margin expand from 13% to 21%.

Tariffs Offset: Negative tariff impacts (JPY 4.2B) were largely offset by pricing measures (JPY 3.5B), with disciplined cost control helping performance.

Restructuring Costs: Terumo will incur onetime restructuring and acquisition-related costs, aiming for JPY 3B in annualized cost savings from workforce optimization.

Rika & Blood Solutions: Rika product rollout completed, focus now on acquiring new customers; production adjustments have had minimal profit impact.

GS26 Targets: Management reiterated confidence in meeting GS26 targets for revenue growth, 20% operating profit margin, and 10% ROIC by FY26.

Key Financials
Revenue
JPY 831.6 billion
Operating Profit
JPY 144.9 billion
Adjusted Operating Profit
JPY 173.5 billion
Tariff Impact
Negative JPY 4.2 billion
Pricing Measures Impact
Positive JPY 3.5 billion
Leverkusen Plant Operating Profit Impact
Negative JPY 1.6 billion
OrganOx Revenue (Q3)
JPY 2.9 billion
OrganOx Adjusted Operating Profit (Q3)
JPY 0.5 billion
OrganOx Profit Margin
21%
Cardiac and Vascular Revenue Growth
Up 8% (local currency)
Cardiac and Vascular Profit Margin
26%
Annualized Workforce Cost Savings
JPY 3 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Toshiaki Takagi
Chairman of the Board & Group Managing Executive Officer
No Bio Available
Mr. Hikaru Samejima
Representative Director, President & CEO
No Bio Available
Jin Hagimoto
CFO, CIO, GM of CFO Office, Controller & Treasury Tax Dept., J-SOX Office, IT Planning Dept. & GBS
No Bio Available
Shinji Omori
CTO, GM of DX Promotion Dept. R&D Division and Executive Officer
No Bio Available
Ms. Miho Mizuguchi
Executive Officer, Chief Legal Officer and GM of CLO Office, Legal & Compliance Department
No Bio Available
Tomoko Adachi
Chief Human Resources Officer & Group Executive Officer
No Bio Available
Mr. Kazunori Hirose
Director & Group Managing Executive Officer
No Bio Available
Toshihiko Osada
Group Senior Managing Executive Officer & Director
No Bio Available
Fumihisa Hirose
Group Managing Executive Officer
No Bio Available

Contacts

Address
TOKYO-TO
Shibuya-Ku
2-44-1, Hatagaya
Contacts
+81333748111.0
www.terumo.co.jp
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