Kurabo Industries (3106) Q4 2025 earnings summary

Executive summary

• Fiscal year ended March 31, 2025 saw net sales of ¥150.7 billion (down 0.4% YoY), operating profit of ¥10.3 billion (up 12.3% YoY), ordinary profit of ¥11.8 billion (up 15.6% YoY), and profit attributable to owners of parent of ¥9.0 billion (up 33.8% YoY).

• Growth in semiconductor-related and functional film businesses offset by weak consumer spending and lower sales in textiles.

Financial highlights

• Operating profit margin improved to 6.8% from 6.1% YoY.

• Basic earnings per share rose to ¥516.19 from ¥362.50 YoY.

• Equity-to-asset ratio increased to 62.9% from 60.6% YoY.

• Cash and cash equivalents at year-end were ¥15.2 billion, down ¥0.96 billion YoY.

• Annual dividend per share increased to ¥180 (from ¥100), payout ratio 34.9%.

Outlook and guidance

• FY2026 forecast: net sales ¥144.0 billion (down 4.4% YoY), operating profit ¥8.0 billion (down 22.4%), ordinary profit ¥9.5 billion (down 19.4%), profit attributable to owners of parent ¥9.5 billion (up 5.4%).

• New medium-term plan "Accelerate '27" focuses on high-profit business growth and resource efficiency.