Hochiki (6745) Q3 2025 earnings summary

Executive summary

• Achieved record highs in net sales and profits for the nine months ended December 31, 2024, with strong domestic and overseas growth, especially in Europe and Southeast Asia.

• Net sales rose 9.0% year-over-year to ¥72,272 million, operating profit up 37.5% to ¥6,418 million, and profit attributable to owners of parent up 41.1% to ¥4,893 million.

• Orders received increased 4.9% year-over-year to ¥79,135 million, driven by refurbishment/retrofit installations and overseas sales.

• Full-year forecast and annual dividend were revised upward, with the dividend increased by ¥14 from the initial forecast.

• The new Medium- to Long-Term Management Plan “GLOBAL VISION 2030” was launched, focusing on sales expansion and operational efficiency.

Financial highlights

• Net sales: ¥72,272 million, up 9.0% year-over-year.

• Operating profit: ¥6,418 million, up 37.5% year-over-year; operating margin at 8.9%.

• Ordinary profit rose 39.3% year-over-year to ¥6,823 million.

• Profit attributable to owners of parent: ¥4,893 million.

• Basic earnings per share increased to ¥196.95 from ¥139.75 year-over-year.

Outlook and guidance

• FY3/2025 full-year net sales forecast revised to ¥99,000 million, up 5.9% year-over-year.

• Operating profit forecast raised to ¥9,000 million, up 22.0% year-over-year.

• Profit attributable to owners of parent forecast at ¥6,900 million, up 21.9% year-over-year.

• Annual dividend forecast increased to ¥72.00 per share.

• ROE expected to rise to 12.4%.