Fujibo Holdings (3104) Q4 2025 earnings summary

Executive summary

• FY2024 saw significant growth in sales and profit, driven by strong demand in the Polishing Pad and Industrial Chemicals businesses, and stable overseas sales in Lifestyle Apparel.

• Net sales reached ¥42.9 billion (+18.8% YoY), operating profit ¥6.48 billion (+129.8% YoY), and net profit ¥4.48 billion (+111.4% YoY).

• The company advanced its Medium-term Management Plan, focusing on business portfolio reforms and strengthening core businesses.

• Dividend for FY2024 set at ¥130 per share, with a planned increase to ¥150 for FY2025.

Financial highlights

• Net sales: ¥42.9 billion (+18.8% YoY); Operating profit: ¥6.48 billion (+129.8% YoY); Net profit: ¥4.48 billion (+111.4% YoY).

• EBITDA rose to ¥9.84 billion (+61.2% YoY).

• Ordinary profit doubled to ¥6.68 billion (+103.7% YoY).

• Gross profit increased to ¥14.88 billion from ¥10.61 billion YoY.

• Comprehensive income reached ¥4.77 billion, up from ¥2.79 billion the previous year.

Outlook and guidance

• FY2025 forecast: Net sales ¥46.2 billion (+7.7% YoY), operating profit ¥7.0 billion (+8.1% YoY), net profit ¥4.7 billion (+5.0% YoY).

• Dividend payout ratio target set at 35%, with DOE of 3.5% as lower limit.

• Continued focus on growth in Polishing Pad and Industrial Chemicals, with stable performance in Lifestyle Apparel.