Kimura Unity Co (9368) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2024, was ¥45,708 million, up 0.8% year-over-year, driven by increased orders in logistics services despite some auto production halts.

• Operating income rose 22.4% year-over-year to ¥3,956 million, and net income attributable to shareholders increased 10.2% to ¥2,757 million.

• The company continues to pursue its mid-term plan, focusing on strengthening its brand and high-quality service offerings.

Financial highlights

• Operating income: ¥3,956 million (+22.4% YoY); Ordinary income: ¥4,343 million (+13.1% YoY).

• Net income: ¥2,757 million (+10.2% YoY); EPS: ¥128.14 (vs. ¥113.26 YoY).

• Total assets: ¥62,614 million (down ¥2,096 million from March 2024); equity ratio: 60.9%.

• Comprehensive income decreased to ¥2,549 million from ¥4,291 million YoY.

Outlook and guidance

• Full-year revenue forecast remains at ¥63,000 million (+2.4% YoY), with operating income projected at ¥4,400 million (+7.1% YoY) and net income at ¥3,300 million (+4.1% YoY).

• No change to previously announced earnings guidance; year-end dividend forecast raised by ¥3 to ¥33 per share.

• A 2-for-1 stock split is planned as of March 31, 2025.