Ibiden (4062) Q3 2025 earnings summary

Executive summary

• Net sales for the third quarter ended December 31, 2024, were ¥270,337 million, down 3.5% year-over-year.

• Operating profit decreased 5.7% to ¥34,857 million compared to the same period last year.

• Profit attributable to owners of parent fell 9.5% to ¥24,801 million year-over-year.

• Comprehensive income dropped 56.7% to ¥20,789 million compared to the prior year.

Financial highlights

• Gross profit increased to ¥81,971 million, up ¥4,121 million year-over-year.

• Basic earnings per share for the quarter were ¥177.56, down from ¥196.13 a year earlier.

• Total assets stood at ¥1,105,682 million, a decrease of ¥24,308 million from March 31, 2024.

• Capital adequacy ratio improved to 46.1% from 43.8% at the end of the previous fiscal year.

• Net cash provided by operating activities was ¥68,182 million, up ¥30,766 million year-over-year.

Outlook and guidance

• Full-year net sales forecast is ¥370,000 million, nearly flat year-over-year.

• Operating income and ordinary income are both projected at ¥40,000 million, up 15.9% and 21.8% respectively.

• Profit attributable to owners of parent is forecast at ¥25,000 million, down 20.6% year-over-year.

• Annual dividend forecast remains at ¥40 per share.