Crops Corporation (9428) Q3 2025 earnings summary

Executive summary

• Revenue rose 12.8% year-over-year to ¥45,262 million, driven by growth in mobile communications, store subleasing, and real estate sales.

• Operating profit declined 5.1% to ¥1,569 million due to higher store operation costs in the mobile segment.

• Net income attributable to shareholders dropped 62.3% to ¥381 million, impacted by a one-time loss from employee fraud at an overseas subsidiary.

Financial highlights

• Gross profit increased to ¥11,098 million from ¥10,151 million year-over-year.

• Operating profit fell to ¥1,569 million from ¥1,654 million, and ordinary profit to ¥1,683 million from ¥1,882 million.

• Net income attributable to shareholders was ¥381 million, down from ¥1,011 million.

• Comprehensive income decreased to ¥765 million from ¥1,348 million.

• EPS dropped to ¥40.32 from ¥106.93 year-over-year.

Outlook and guidance

• Full-year revenue forecast is ¥60,852 million (+11.7% YoY), with operating profit of ¥2,481 million (+16.6%) and net income of ¥1,037 million (−14.0%).

• No changes to previously announced guidance.