Asahi Yukizai (4216) Q3 2025 earnings summary

Executive summary

• Net sales for Apr–Dec 2024 declined 4.4% year-over-year to ¥63.2 billion, with operating profit down 29.8% and profit attributable to owners down 25.7%.

• Comprehensive income dropped 40.6% year-over-year to ¥6,086 million.

• Sales and profit fell in the Valve & Piping Systems Division due to postponed semiconductor investments in the U.S.

• Resin Divisions saw higher sales but lower profit, impacted by reduced foundry material volumes and prior-year project effects.

• Water Treatment & Natural Resources Development Divisions achieved growth in both sales and profit, driven by geothermal drilling and equipment projects.

Financial highlights

• Net sales: ¥63,175 million (down 4.4% year-over-year).

• Operating profit: ¥8,744 million (down 29.8%).

• Ordinary profit: ¥8,970 million (down 29.6%).

• Profit attributable to owners: ¥6,074 million (down 25.7%).

• Basic EPS: ¥319.44 (down from ¥426.62 year-over-year).

Outlook and guidance

• No change to the second half forecast; full-year net sales expected to rise in Q4, but operating and ordinary profit guidance is lower than the previous year.

• Full-year net sales forecast is ¥87,000 million, a 0.5% increase year-over-year.

• Operating profit is projected at ¥12,000 million, down 23.0% year-over-year.

• Profit attributable to owners of parent is forecast at ¥8,500 million, a 24.7% decrease year-over-year.

• Year-end dividend forecast raised to ¥55 per share, total annual dividend ¥110 per share.