ERI Holdings (6083) Q4 2025 earnings summary

Executive summary

• FY5/2025 sales rose 9.7% YoY to ¥19,765 million; operating profit increased 2.7% to ¥2,045 million, and parent-attributable profit rose 4.9% to ¥1,293.7 million.

• Q4 rebounded sharply, supported by year-end public-works revenue and M&A expansion.

Financial highlights

• Ordinary profit reached ¥2,076 million, up 2.8% YoY; gross profit was ¥6,410 million versus ¥6,347 million, and SG&A was ¥4,364 million versus ¥4,356 million.

• Total assets increased to ¥13,435 million from ¥11,469 million; net assets were ¥6,384 million versus ¥5,776 million.

• Operating cash flow fell to ¥784 million from ¥1,506 million; cash and cash equivalents ended FY5/2025 at ¥5,719 million versus ¥6,653 million.

Outlook and guidance

• FY5/2026 forecast: sales ¥22,700 million (+14.8%), operating profit ¥2,800 million (+36.9%), ordinary profit ¥2,800 million (+34.8%), and parent-attributable profit ¥1,700 million (+31.4%).

• Forecast EPS is ¥223.61 (+32.1%); operating margin is forecast at 12.3%.

• Mandatory reviews under Building Code reforms and M&A are expected to expand business; lower upfront reform-preparation spending is expected to support profit growth.