Impress (9479) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2024, was ¥10,774 million, down 2.0% year-over-year, with operating loss narrowing to ¥77 million from ¥280 million loss last year.

• Net loss attributable to shareholders improved to ¥54 million from ¥423 million loss year-over-year, reflecting cost reductions and business restructuring.

• Segment performance varied: IT and Design segments saw revenue declines, while Music and Mountain/Nature segments posted revenue growth.

Financial highlights

• Operating loss for the period was ¥77 million, a significant improvement from ¥280 million loss year-over-year.

• Net loss attributable to shareholders was ¥54 million, compared to ¥423 million loss last year.

• Gross margin improved due to reduced returns and better inventory valuation.

• Total assets at period-end were ¥14,286 million, down ¥258 million from the previous fiscal year-end.

• Equity ratio decreased to 52.6% from 57.0% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast remains at ¥14,560 million, with net profit forecast of ¥40 million and EPS of ¥1.18.

• No change to previously announced guidance, though risks remain around book returns and corporate advertising demand.