EXEO Group (1951) Q3 2025 earnings summary

Executive summary

• Orders received for the nine months ended December 31, 2024, increased by 11% year-over-year to ¥532.5bn, with net sales up 8.9% to ¥439.2bn.

• Operating profit rose 30.7% year-over-year to ¥19.78bn, and profit attributable to owners of parent increased 4.4% to ¥11.48bn.

• The full-year plan for FY2024 has been revised upward, reflecting strong results and positive future outlook.

• EPS for the nine months was ¥55.03 after a 2-for-1 stock split.

Financial highlights

• Gross profit for the nine months reached ¥60.38bn, up from ¥55.85bn year-over-year, with a gross margin of 13.7%.

• SG&A expenses remained flat at ¥40.5bn, while operating profit margin improved to 4.8%.

• Ordinary profit increased 10.1% year-over-year to ¥20.92bn.

• Comprehensive income declined to ¥11.12bn from ¥18.44bn year-over-year, mainly due to a decrease in other comprehensive income.

• Total assets increased to ¥597.65bn as of December 31, 2024, from ¥591.64bn at the previous fiscal year-end.

Outlook and guidance

• Revised full-year net sales guidance for FY2024 is ¥660.0bn, up 7.5% year-over-year.

• Operating profit is projected at ¥40.0bn, a 17.2% increase over the previous year.

• Orders received are expected to reach ¥690.0bn, up 5% year-over-year.

• Forecasted EPS for the full year is ¥122.94.

• Annual dividend forecast is ¥62.00 per share post-stock split.