K's Holdings (8282) Q3 2025 earnings summary

Executive summary

• Achieved sales and profit growth in Q3 and the nine months ended Dec. 31, 2024, driven by strong seasonal product and mobile phone sales, despite some negative weather impacts earlier in the year.

• Net sales for the nine months ended December 31, 2024, rose 2.2% year-over-year to ¥554,731 million, with operating profit up 16.2% to ¥16,146 million and ordinary profit up 12.1% to ¥19,166 million.

• Profit attributable to owners of parent increased 7.6% year-over-year to ¥12,358 million, and basic earnings per share rose to ¥73.31 from ¥64.52.

• Continued focus on stable profit generation, store efficiency, and digital transformation as part of the Medium-Term Management Plan 2027.

Financial highlights

• Q3 net sales rose to ¥183,310 million, up 1.8% year-over-year; nine-month net sales reached ¥554,731 million, up 2.2%.

• Q3 operating profit increased 39.5% year-over-year to ¥4,292 million; nine-month operating profit up 16.2% to ¥16,146 million.

• Profit attributable to owners of parent for Q3 was ¥3,481 million (+23.1% YoY); nine-month profit was ¥12,358 million (+7.6% YoY).

• Gross profit increased to ¥152,351 million from ¥148,427 million year-over-year, while selling, general and administrative expenses rose slightly to ¥136,205 million.

• Total assets as of December 31, 2024, were ¥441,999 million, with net assets at ¥254,086 million.

Outlook and guidance

• FY2025 full-year net sales forecast at ¥735,000 million (+2.3% YoY), operating income at ¥20,000 million (+6.8% YoY), and profit attributable to owners of parent at ¥12,000 million (+62.6% YoY).

• Ordinary profit forecast for FY2025 is ¥24,000 million (+4.6% YoY).

• No change to previously disclosed FY2025 guidance or dividend forecast.

• Gross profit margin expected to improve to 27.8% for the full year.

• Basic EPS forecast for FY2025 is ¥71.18.