Happinet (7552) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, increased 4.0% year-over-year to ¥283,180 million, with operating profit up 26.7% to ¥9,777 million and ordinary profit up 26.6% to ¥10,074 million.

• Profit attributable to owners of parent was ¥5,514 million, down 7.2% year-over-year.

• Comprehensive income for the period was ¥6,433 million, a 2.7% decrease year-over-year.

Financial highlights

• Gross profit rose to ¥35,108 million from ¥30,160 million year-over-year.

• Operating profit margin improved, with operating profit at ¥9,777 million versus ¥7,714 million a year earlier.

• Total assets increased to ¥142,354 million from ¥113,415 million as of March 31, 2024.

• Equity ratio declined to 37.5% from 44.9% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales are projected at ¥360,000 million, up 2.7% year-over-year.

• Operating income forecast is ¥11,100 million (up 27.9%), ordinary income ¥11,400 million (up 27.0%), and profit attributable to owners of parent ¥6,600 million (up 0.3%).

• Earnings per share for the full year are projected at ¥296.27.

• Dividend per share is projected to increase to ¥130.00 for the fiscal year.