Core (2359) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, increased by 3.3% year-over-year to ¥17,909 million.

• Operating profit declined by 4.9% year-over-year to ¥2,111 million.

• Profit attributable to owners of parent decreased by 11.0% year-over-year to ¥1,400 million.

Financial highlights

• Ordinary profit for the period was ¥2,192 million, down 3.6% year-over-year.

• Earnings per share for the nine months was ¥97.57, compared to ¥109.94 in the prior year.

• Total assets as of December 31, 2024, were ¥23,615 million; net assets were ¥17,701 million.

• Equity ratio improved to 74.9% from 71.1% as of March 31, 2024.

Outlook and guidance

• Full-year net sales forecast is ¥26,000 million, up 8.3% year-over-year.

• Operating profit for the full year is projected at ¥3,300 million, up 5.1% year-over-year.

• Profit attributable to owners of parent is forecast at ¥2,400 million, up 5.6% year-over-year.

• Full-year earnings per share forecast is ¥167.62.

• Dividend forecast for the year ending March 31, 2025, is ¥55.00 per share.