Kurabo Industries (3106) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, were ¥105.2 billion, down 5.9% year-over-year, with operating profit at ¥6.38 billion, down 10.0% year-over-year, and ordinary profit at ¥8.18 billion, down 3.2% year-over-year.

• Profit attributable to owners of parent rose 55.2% year-over-year to ¥9.97 billion, mainly due to extraordinary income from the sale of cross-shareholdings.

• Comprehensive income increased to ¥17.14 billion from ¥10.95 billion year-over-year.

Financial highlights

• Gross profit for the nine months was ¥22.53 billion, slightly down from ¥22.91 billion year-over-year.

• Basic earnings per share rose to ¥600.88 from ¥365.03 year-over-year.

• Equity-to-asset ratio improved to 64.4% from 62.9% at the previous fiscal year-end.

• Net assets increased by ¥7.2 billion to ¥128.4 billion, driven by higher valuation difference on available-for-sale securities.

Outlook and guidance

• Full-year net sales forecast remains at ¥144.0 billion, with operating profit revised up to ¥8.5 billion and ordinary profit to ¥10.0 billion.

• Profit attributable to owners of parent is forecast at ¥11.5 billion, up 9.5% from the previous forecast, with basic EPS projected at ¥697.20.

• Dividend forecast for the fiscal year ending March 31, 2026, is ¥282.00 per share.