Aida Engineering (6118) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 2024 increased 6.7% year-over-year to ¥55,081 million, driven by growth in middle/large presses, services, and yen depreciation.

• Gross profit rose 30.5% year-over-year, with gross margin improving by 4.0 percentage points to 21.8%.

• Operating income surged 130.8% year-over-year to ¥4,157 million, and net income increased 127.4% to ¥3,247 million, supported by higher sales, improved margins, and gains from investment securities.

• Orders received declined 12.6% year-over-year to ¥52,731 million, with order backlog down 3.1% from the previous fiscal year-end, mainly due to reduced demand for high-speed presses for EVs.

Financial highlights

• Net sales: ¥55,081 million, up 6.7% year-over-year.

• Gross profit: ¥11,998 million, up 30.5% year-over-year; gross profit ratio at 21.8%.

• Operating income: ¥4,157 million, up 130.8% year-over-year; operating margin at 7.5%.

• Net income: ¥3,247 million, up 127.4% year-over-year.

• Comprehensive income reached ¥4,595 million, up 43.8% year-over-year.

Outlook and guidance

• Full-year FY2025/3 net sales forecast revised down to ¥72,000 million due to postponed automotive investments.

• Operating income projected to rise 46.6% year-over-year to ¥5,300 million, with net income expected to increase 49.6% to ¥4,200 million.

• Dividend forecast is ¥30.00 per share for the year.

• Orders expected to decrease 9.0% year-over-year, but gross profit and margins are forecast to improve.