Keyence (6861) Q3 2026 earnings summary

Executive summary

• Net sales for 1Q-3Q FY2025 rose 7.7% year-over-year to ¥834.6 billion, with 3Q alone up 11.4% to ¥289.3 billion.

• Operating income for 1Q-3Q FY2025 increased 4.9% year-over-year to ¥416.4 billion, with 3Q up 8.4% to ¥144.2 billion.

• Net income attributable to owners for 1Q-3Q FY2025 grew 6.6% year-over-year to ¥311.2 billion, with 3Q up 9.0% to ¥111.2 billion.

• Comprehensive income increased 18.5% year-over-year to ¥335.98 billion.

Financial highlights

• Gross margin in 3Q FY2025 was 83.1%, up 0.3 points sequentially and down 0.6 points year-over-year.

• Operating income margin in 3Q FY2025 was 49.8%, down 0.5 points sequentially and down 1.5 points year-over-year.

• Gross profit increased to ¥691.41 billion from ¥650.61 billion year-over-year.

• Ordinary income rose 8.1% year-over-year to ¥443.61 billion.

• Earnings per share for the period were ¥1,283.03, up from ¥1,203.03 in the prior year.

Segment performance

• Japan sales in 3Q FY2025 grew 0.3% year-over-year; overseas sales rose 13.3%.

• Americas sales in 3Q FY2025 increased 15.0% year-over-year; Asia up 18.9%; Europe & Others up 2.2%.

• Overseas sales accounted for 69.3% of total sales in 3Q FY2025, up from 65.9% a year earlier.