Ku Holdings Co (9856) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2024, increased by 4.7% year-over-year to ¥120,421 million, driven by growth in the domestic car sales segment.

• Operating income rose 3.4% year-over-year to ¥7,294 million, and net income attributable to shareholders increased 2.6% to ¥5,077 million.

• The domestic car sales segment saw significant growth, while the imported car dealer segment remained flat in sales but declined in profit.

Financial highlights

• Gross profit for the period was ¥20,748 million, up from ¥20,236 million year-over-year.

• Operating income reached ¥7,294 million, up from ¥7,052 million, and ordinary income was ¥7,468 million, up from ¥7,270 million.

• Net income attributable to shareholders was ¥5,077 million, compared to ¥4,950 million in the prior year.

• Comprehensive income was ¥5,026 million, nearly flat year-over-year.

Outlook and guidance

• Full-year revenue is forecast at ¥150,000 million, a 3.0% decrease from the previous year.

• Operating income is projected at ¥8,700 million (down 4.4%), and net income at ¥6,000 million (down 2.8%).

• No changes have been made to the previously announced full-year guidance.