Ferrotec (6890) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 20.3% year-over-year to ¥202,365 million.

• Operating profit increased 8.1% year-over-year to ¥19,696 million, while ordinary profit declined 5.9% to ¥20,516 million.

• Profit attributable to owners of parent fell 6.3% year-over-year to ¥12,612 million.

• Comprehensive income dropped 43.9% year-over-year to ¥22,075 million.

Financial highlights

• Basic earnings per share for the nine months was ¥268.27, down from ¥286.76 in the prior year period.

• Total assets as of December 31, 2024, were ¥565,736 million, up from ¥510,026 million as of March 31, 2024.

• Net assets increased to ¥297,379 million, with an equity-to-asset ratio of 38.2%.

• Net assets per share rose to ¥4,617.45 from ¥4,348.01 at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast for FY2025 is ¥265,000 million, up 19.1% year-over-year.

• Operating profit and ordinary profit are both projected at ¥26,000 million, representing 4.5% and -2.0% changes year-over-year, respectively.

• Profit attributable to owners of parent is forecast at ¥16,000 million, up 5.6% year-over-year; basic EPS forecast is ¥340.67.

• Annual dividend forecast is ¥110.00 per share, up from ¥100.00 in the previous year.