I-ne CO (4933) Q4 2025 earnings summary

Executive summary

• Net sales increased by 8.8% year-over-year to ¥48,975 million for the fiscal year ended December 31, 2025.

• Operating profit declined by 14.4% year-over-year to ¥3,880 million, and profit attributable to owners of parent fell 28.9% to ¥2,097 million.

• Comprehensive income decreased 16.1% year-over-year to ¥2,386 million.

Financial highlights

• EBITDA rose 8.3% year-over-year to ¥5,626 million.

• Gross profit increased to ¥28,745 million from ¥24,046 million year-over-year.

• Cash flows from operating activities improved significantly to ¥4,058 million from ¥38 million year-over-year.

• Cash and cash equivalents at year-end were ¥8,531 million, up from ¥7,270 million.

Outlook and guidance

• Net sales for FY2026 are forecasted at ¥52,000–¥54,000 million, a 6.2% increase year-over-year.

• Operating profit is projected to range from ¥500 million to ¥1,000 million, a significant decrease from FY2025.

• EBITDA guidance for FY2026 is ¥1,200–¥2,700 million.