Hosiden (6804) Q4 2025 earnings summary

Executive summary

• Net sales rose 13.1% year-over-year to ¥247,571 million, driven by growth in amusement, mobile communications, and automotive-related businesses.

• Operating profit increased 5.0% year-over-year to ¥13,573 million, but ordinary profit fell 18.6% to ¥14,776 million due to a sharp drop in foreign exchange gains.

• Profit attributable to owners of parent declined 13.7% year-over-year to ¥10,037 million.

Financial highlights

• Gross profit improved to ¥23,148 million from ¥22,745 million year-over-year.

• Cash and cash equivalents at year-end decreased to ¥46,769 million from ¥76,662 million, mainly due to increased inventories and trade receivables.

• Equity-to-asset ratio decreased to 70.1% from 77.1% year-over-year.

• Annual dividend per share was ¥59, with a payout ratio of 30.1%.

Outlook and guidance

• FY2026 net sales forecasted at ¥406,000 million (up 64.0% year-over-year), but operating profit expected to decline 4.2% to ¥13,000 million.

• Profit attributable to owners of parent projected at ¥12,000 million (down 18.8% year-over-year).

• Dividend forecast for FY2026 is ¥50 per share.