i-mobile Co (6535) Q3 2025 earnings summary

Executive summary

• Achieved record-high cumulative revenue and operating profit for the 3Q period, with revenue up 14.2% and operating profit up 6.5% year-over-year, though both fell short of internal plans.

• Net profit attributable to shareholders increased 11.6% to ¥2,905 million.

• Growth in the main 'Furunavi' donation platform offset declines in ad platform revenue; investments in human capital, platform restructuring, and new business areas weighed on margins.

• The business is driven by two segments: Consumer (mainly Furusato Nozei) and Internet Advertising.

• The Consumer segment saw strong growth, while the Internet Advertising segment experienced declines due to lower ad budgets from major clients.

Financial highlights

• Consolidated revenue for 3Q YTD: ¥18,651 million (+14.2% YoY, 93.7% of plan).

• Operating profit: ¥3,971 million (+6.5% YoY, 93.2% of plan); net profit: ¥2,905 million (+11.6% YoY, 100.2% of plan).

• Consumer segment revenue: ¥16,780 million (+18.2% YoY); operating profit: ¥3,949 million (+11.3% YoY).

• Internet advertising segment revenue: ¥1,831 million (-13.3% YoY); operating profit: ¥121 million (-61.6% YoY).

• EPS for the period was ¥50.33, compared to ¥45.35 in the prior year.

Outlook and guidance

• FY2025 revenue forecast: ¥23,000 million (+22.8% YoY); operating profit: ¥4,500 million (+26.8% YoY); net profit: ¥2,950 million (+21.9% YoY).

• Consumer segment expected to drive growth with new services and expanded partnerships; ad segment to maintain stable profit.

• Mid-term plan targets revenue of ¥26.3 billion and operating profit of ¥5 billion by FY2027.

• No changes have been made to previously announced guidance.