Kimura Co (7461) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2024, increased by 2.7% year-over-year to ¥27,724 million, while operating income declined by 9.1% to ¥1,685 million and net income attributable to shareholders fell 9.5% to ¥942 million.

• The business environment remained challenging due to rising material costs, labor shortages, and a weak yen, with new housing starts declining nationwide and in Hokkaido.

• The company focused on strengthening product development and sales in wholesale, and enhancing customer satisfaction in retail.

Financial highlights

• Gross profit rose to ¥8,285 million from ¥7,966 million year-over-year.

• Operating margin decreased as selling, general, and administrative expenses increased.

• Comprehensive income for the period was ¥1,066 million, down 21.1% year-over-year.

• EPS for the period was ¥63.51, compared to ¥70.19 in the prior year.

Outlook and guidance

• Full-year revenue is forecast at ¥35,000 million (up 3.0% year-over-year), with operating income of ¥1,850 million (up 2.0%) and net income of ¥1,090 million (up 5.7%).

• No changes have been made to the previously announced earnings forecast.