Kraftia (1959) Q3 2025 earnings summary

Executive summary

• Achieved record-high sales and profits at all stages for the 3Q cumulative period, driven by progress in large-scale electrical and HVAC projects, with net sales up 4.4% year-over-year to ¥329,074 million.

• Operating profit grew 26.9% to ¥29,470 million, and profit attributable to owners of parent increased 22.1% to ¥20,825 million.

• Comprehensive income for the period was ¥20,979 million, up 1.4% year-over-year.

• Orders remain strong, with improved profitability at the time of order receipt, though construction orders declined 2.7% year-over-year to ¥330,170 million.

• Announced a revised year-end dividend, upcoming new medium-term management plan, and company name change.

Financial highlights

• 3Q sales rose to ¥329,074 million, up 4.4% year-over-year; gross profit increased 19.0% to ¥51,022 million.

• Operating profit grew 26.9% to ¥29,470 million; net profit up 22.1% to ¥20,825 million.

• Gross profit margin for 3Q improved to 15.5% from 13.6% a year earlier.

• Total assets decreased by ¥41,679 million (8.3%) to ¥461,604 million, mainly due to loan repayments and lower receivables.

• Equity ratio improved to 65.2% from 57.4% at the previous fiscal year-end.

Outlook and guidance

• FY2025 sales forecast revised down to ¥470,000 million (from ¥500,000 million), but gross profit and operating profit forecasts were raised.

• Operating profit forecast increased to ¥44,000 million (+11.4% vs. previous guidance); net profit forecast raised to ¥31,000 million.

• Annual dividend per share revised up to ¥140, with a year-end dividend of ¥75.