HIRAYAMA HOLDINGS (7781) Q3 2025 earnings summary

Executive summary

• Achieved year-over-year increases in revenue and profit for the nine months ended March 31, 2025, driven by strong domestic demand and improved operational efficiency.

• Insourcing & staffing led growth, with new and existing client orders rising and cost controls improving margins.

• Overseas business, mainly in Thailand, faced production slowdowns but remained profitable through cost reductions.

Financial highlights

• Revenue: ¥26,880 million, up 2.3% year-over-year.

• Operating income: ¥1,002 million, up 17.2% year-over-year.

• Ordinary income: ¥1,053 million, up 17.5% year-over-year.

• Net income attributable to shareholders: ¥676 million, up 15.9% year-over-year.

• EPS: ¥88.60, up from ¥79.02 year-over-year.

Outlook and guidance

• Full-year revenue forecast: ¥38,000 million, up 7.7% year-over-year.

• Full-year net income forecast: ¥850 million, up 12.3% year-over-year.

• No change to previously announced guidance; expects continued benefit from higher unit prices and successful new graduate placements.