Lifedrink Company (2585) Q3 2026 earnings summary

Executive summary

• Production volume rose 13% year-over-year, driven by new and expanded factory operations.

• Revenue for the nine months ended December 31, 2025, rose 17.7% year-over-year to ¥40,672 million, with operating profit up 9.7% to ¥4,622 million and profit attributable to owners of parent up 6.7% to ¥3,080 million.

• Comprehensive income increased to ¥3,364 million from ¥3,035 million year-over-year.

• Full-year earnings forecast revised downward due to logistics inefficiencies and rising raw material costs, but medium-term outlook remains unchanged.

Financial highlights

• Q3 FY2026 revenue: ¥40.7B (+18% YoY); operating profit: ¥4.6B (+10% YoY); EBITDA: ¥6.2B (+12% YoY).

• EPS for Q3 FY2026: ¥59.07, up from ¥55.25 in Q3 FY2025; diluted EPS: ¥59.01, reflecting a 1-for-4 stock split.

• Net profit for Q3 FY2026: ¥3.08B (+7% YoY).

• Achievement rates against full-year forecast: revenue 78%, operating profit 71%, net profit 69%.

• Gross profit for the nine-month period was ¥18,544 million, up from ¥15,222 million year-over-year.

Outlook and guidance

• Full-year revenue forecast for fiscal year ending March 31, 2026, is ¥52,200 million, up 17.2% year-over-year.

• Operating profit is projected at ¥5,220 million (+10.1%), ordinary profit at ¥5,100 million (+8.2%), and profit attributable to owners of parent at ¥3,470 million (+2.3%).

• Full-year earnings per share forecast is ¥66.62; EBITDA is expected to reach ¥7,400 million (+12.8%).

• Cost challenges from logistics and raw material prices expected to persist into Q4; mitigation includes warehouse upgrades, multi-hub logistics, and price adjustments.

• Medium-term strategy of "Max Production, Max Sales" continues, with no change to competitive outlook.