Human Holdings Co (2415) Q4 2025 earnings summary

Executive summary

• Achieved record consolidated revenue of ¥100,328 million for the year ended March 31, 2025, with all segments posting sales growth year-over-year.

• Operating profit rose 8.1% year-over-year to ¥3,404 million, and net income attributable to parent increased 20.8% to ¥2,607 million, exceeding forecasts due to special gains and lower taxes from group restructuring.

• Comprehensive income reached ¥2,611 million, up from ¥2,167 million in the previous year.

Financial highlights

• FY2025/3 revenue: ¥100,328 million (+4.6% YoY); operating income: ¥3,404 million (+8.1% YoY); ordinary income: ¥3,576 million (+8.6% YoY); net income attributable to parent: ¥2,607 million (+20.8% YoY).

• Gross profit increased to ¥25,781 million from ¥24,582 million year-over-year.

• Earnings per share increased to ¥251.21 from ¥202.20 year-over-year.

• Net assets per share rose to ¥1,743.70 from ¥1,554.52.

• All profit and revenue targets were met or exceeded.

Outlook and guidance

• FY2026/3 forecast: revenue ¥103,600 million (+3.3% YoY), operating income ¥3,600 million (+5.7% YoY), ordinary income ¥3,700 million (+3.5% YoY), net income ¥2,500 million (−4.1% YoY, reflecting normalization of tax expenses).

• Earnings per share forecasted at ¥240.90 for the next fiscal year.

• Growth expected in all segments, with highest-ever sales projected.