Hioki EE (6866) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended September 30, 2025, increased by 4.1% year-over-year to ¥29,219 million.

• Operating profit declined by 7.7% year-over-year to ¥4,761 million, and ordinary profit fell by 9.6% to ¥4,866 million.

• Profit attributable to owners of parent decreased by 11.7% year-over-year to ¥3,561 million.

• Comprehensive income for the period was ¥3,592 million, down 11.8% year-over-year.

Financial highlights

• Gross profit for the nine months was ¥14,857 million, up from ¥13,937 million year-over-year.

• Selling, general and administrative expenses increased to ¥10,095 million from ¥8,777 million year-over-year.

• Basic earnings per share for the period was ¥263.12, compared to ¥295.79 in the prior year.

• Equity-to-asset ratio improved to 86.8% as of September 30, 2025, from 82.7% at the end of 2024.

• Net assets per share rose to ¥3,008.83 from ¥2,942.32 at the end of 2024.

Outlook and guidance

• Full-year net sales forecast for 2025 is ¥41,430 million, a 5.5% increase year-over-year.

• Operating profit is projected at ¥7,530 million, nearly flat year-over-year (+0.1%).

• Profit attributable to owners of parent is forecast at ¥5,840 million, down 5.6% year-over-year.

• Annual dividend forecast remains unchanged at ¥200 per share.