AINAVO HOLDINGS (7539) Q3 2025 earnings summary

Executive summary

• Revenue increased 3.3% year-over-year to ¥69,358 million, driven by growth in large-scale tile and stone construction, residential materials, and equipment sales in both core business segments.

• Operating profit rose 23.5% to ¥2,001 million, supported by improved gross margin from price increases and cost controls.

• Net income surged 41.8% to ¥1,422 million, reflecting higher profitability.

• Comprehensive income increased 30.3% year-over-year to ¥1,413 million.

Financial highlights

• Gross profit grew 7.6% year-over-year to ¥10,261 million, with gross margin improving to 14.8% due to price increases and cost management.

• EPS for the period was ¥61.36, up from ¥43.38, adjusted for a 2-for-1 stock split.

• Total assets at June 30, 2025, were ¥46,907 million, up from ¥44,961 million at the previous fiscal year-end.

• Net assets increased to ¥25,765 million, with an equity ratio of 54.9%.

• Selling, general, and administrative expenses increased 4.4% to ¥8,259 million.

Segment performance

• Detached housing segment revenue rose 3.2% to ¥57,862 million, with segment profit up 5.7% to ¥2,285 million, supported by increased sales of wood materials, exterior products, and home equipment.

• Large property segment revenue increased 4.0% to ¥11,495 million, with segment profit up 44.9% to ¥952 million, driven by higher completion of large tile and stone projects.

• Notable growth in tile sales and construction (+25.5%) offset a decline in large-scale equipment sales.

• Key subsidiaries such as Abelco and Ontyo Giken posted higher sales and operating margins.