KOA Corporation (6999) Q4 2025 earnings summary

Executive summary

• FY2025 net sales were ¥64,120 million, down 1.1% YoY amid flat demand and lower industrial equipment and appliance sales.

• Operating profit fell 64.5% to ¥1,176 million, ordinary profit declined 72.3% to ¥1,243 million, and profit attributable to owners dropped 90.6% to ¥260 million.

• Q4 revenue rose 4.8% YoY to ¥16.37bn; operating income increased to ¥610m, while net income attributable to owners was a ¥210m loss.

Financial highlights

• Gross profit was ¥18,155 million, down from ¥19,512 million; SG&A rose to ¥16.979bn from ¥16.198bn.

• EPS fell to ¥7.02 from ¥74.66; year-end net assets were ¥78,110 million and cash and cash equivalents were ¥24,799 million.

• Operating margin was 1.8%, down from 5.1%; net margin was 0.4% versus 4.3%.

• Equity ratio was 55.3%, ROE 0.3%, ROA 0.9%, and dividend payout ratio 569.8%.

Outlook and guidance

• FY2026 forecast: net sales ¥65,500 million (+2.2%), operating profit ¥630 million, ordinary profit ¥800 million, profit attributable to owners ¥310 million, and EPS ¥8.35; assumed USD rate ¥140.

• Cautious outlook amid persistent global uncertainties, rising raw material costs, and FX volatility.