Eiwa (9857) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2024, increased by 6.4% year-over-year to ¥32,270 million, driven by strong sales in disaster prevention vehicles, industrial machinery, and measurement equipment.

• Operating profit rose 19.3% year-over-year to ¥1,884 million, with net profit attributable to shareholders up 25.9% to ¥1,382 million.

• High value-added sales strategies and execution of the mid-term management plan contributed to improved profitability.

• Robust demand in shipbuilding, chemicals, steel, electric power, and infrastructure sectors, supported by investments in equipment renewal, digital transformation, and decarbonization.

• A one-time relocation compensation gain of ¥125 million boosted net profit.

Financial highlights

• Revenue: ¥32,270 million (+6.4% year-over-year).

• Operating profit: ¥1,884 million (+19.3% year-over-year); ordinary profit: ¥1,943 million (+17.4% year-over-year).

• Gross profit increased 7.3% year-over-year to ¥5,597 million.

• Net profit attributable to shareholders: ¥1,382 million (+25.9% year-over-year); net income per share: ¥218.50.

• Comprehensive income for the period was ¥1,240 million.

Outlook and guidance

• Full-year revenue forecast is ¥44,000 million, up 1.6% year-over-year.

• Full-year operating profit forecast is ¥2,350 million; ordinary profit forecast is ¥2,410 million.

• Full-year net profit forecast is ¥1,680 million; no changes to previously announced guidance.