Buffalo (6676) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 0.5% year-over-year to ¥109,576 million, with operating profit up 111.4% to ¥6,672 million and profit attributable to owners of parent up 108.1% to ¥4,231 million.

• Ordinary profit increased 124.2% year-over-year to ¥6,748 million, and comprehensive income reached ¥4,449 million, up from ¥2,216 million in the prior year period.

Financial highlights

• Gross profit improved to ¥29,380 million from ¥27,781 million year-over-year, while selling, general and administrative expenses decreased to ¥22,707 million.

• Earnings per share for the nine months were ¥268.04, more than double the ¥121.11 from the previous year.

• Total assets declined to ¥72,515 million as of December 31, 2024, from ¥95,936 million at March 31, 2024.

• Net assets decreased to ¥44,265 million from ¥63,922 million at the previous fiscal year-end.

Outlook and guidance

• Full-year forecast for the year ending March 31, 2025, projects net sales of ¥140,000 million, operating profit of ¥8,200 million, and profit attributable to owners of parent of ¥5,900 million, with EPS forecast at ¥377.17.

• Year-end dividend forecast is ¥100.00 per share, up from ¥60.00 in the prior year.