Inabata (8098) Q3 2025 earnings summary

Executive summary

• 9M FY3/25 sales, operating income and ordinary income reached record highs, rising 10.8%, 25.0% and 27.0% YoY, respectively.

• Domestic and Southeast Asian strength and yen depreciation supported revenue growth.

Financial highlights

• 9M net sales were ¥635,106 million, operating profit ¥20,393 million and ordinary profit ¥20,826 million.

• Profit attributable to owners of parent increased 4.7% to ¥17,468 million; prior-year negative goodwill income of ¥3.41bn was absent, while ordinary profit increased.

• Gross profit increased to ¥60,194 million from ¥52,303 million; EPS was ¥320.29 versus ¥302.18.

• Total assets were ¥465,870 million at Dec. 31, 2024, up 9.0% from Mar. 31, 2024; net assets were ¥222,339 million.

Outlook and guidance

• FY3/25 guidance remains sales ¥830bn, operating profit ¥24bn, ordinary profit ¥24bn and profit attributable to owners of parent ¥20bn.

• 9M achievement rates were 76.5% for sales, 85.0% for operating income, 86.8% for ordinary income and 87.3% for net income.

• Operating-income guidance rose from ¥22.5bn in May 2024 to ¥24bn in November 2024; segment outlook was unchanged from the fiscal-year start.