EXEO Group (1951) Q3 2026 earnings summary

Executive summary

• Orders received for the nine months ended December 31, 2025, rose 14% year-over-year to ¥604.9bn, with net sales up 19% to ¥520.9bn.

• Operating profit increased 46% year-over-year to ¥28.8bn, and profit attributable to owners of parent surged 70% to ¥19.5bn.

• Comprehensive income more than doubled year-over-year, reaching ¥23,628 million, a 112.4% increase.

• Full-year forecasts for FY2025 were revised upward, reflecting strong performance and positive outlook.

Financial highlights

• Gross profit for the nine-month period grew 22% year-over-year to ¥73.4bn, with a gross margin of 14.1%.

• Ordinary profit rose 41% year-over-year to ¥29.3bn.

• Basic earnings per share for the nine months ended December 31, 2025, was ¥94.96, up from ¥55.03 in the prior year.

• Total assets as of December 31, 2025, were ¥659,428 million, with net assets at ¥331,666 million.

• Segment profit: Telecoms Carriers up 16%, Urban infrastructure up 240%, System Solutions up 52% year-over-year.

Outlook and guidance

• Revised full-year net sales guidance to ¥760.0bn (+13% year-over-year), operating profit to ¥53.0bn (+25%), and profit attributable to owners of parent to ¥32.0bn (+19%).

• Orders received for the full year expected at ¥780.0bn (+9% year-over-year).

• Basic earnings per share for the full year is forecast at ¥155.86.

• Dividend forecast for the fiscal year ending March 31, 2026, is ¥66.00 per share.