Daytona (7228) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 2025 increased 3.4% year-over-year to ¥11,016 million, while operating profit declined 2.5% and net profit attributable to shareholders fell 3.1%.

• Domestic wholesale saw steady sales in riding gear and consumables, but profit was pressured by higher costs and weaker high-end product sales.

• Asian wholesale, especially in Indonesia and the Philippines, achieved strong sales growth, though profits dipped due to currency and local disruptions.

• Retail segment sales declined 5.9% year-over-year, but segment profit rose 15.4% due to service demand and operational efficiency.

• Other businesses, including solar power, maintained stable income, while reuse sales lagged.

Financial highlights

• Operating profit for the period was ¥1,276 million (down 2.5% year-over-year), and net profit attributable to shareholders was ¥903 million (down 3.1%).

• Gross margin improved slightly, with gross profit at ¥4,267 million versus ¥4,174 million a year earlier.

• Total assets increased to ¥11,459 million, and equity ratio improved to 79.3%.

• EPS for the period was ¥379.93, down from ¥392.90 year-over-year.

• Comprehensive income for the period was ¥848 million, down 10.8% year-over-year.

Outlook and guidance

• Full-year revenue is forecast at ¥14,858 million (up 1.9%), with operating profit of ¥1,610 million (up 6.1%) and net profit of ¥1,103 million (up 8.7%).

• No change to previously announced full-year guidance.

• Dividend forecast for the year is ¥135 per share, up from ¥129 last year.

• Management notes ongoing uncertainty due to FX, economic policy, and consumer trends.