Maruzen (5982) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended November 30, 2024, rose 5.7% year-over-year to ¥48,403 million, with operating income up 21.2% to ¥4,772 million and net income attributable to shareholders up 21.7% to ¥3,565 million.

• Economic recovery in Japan supported results, but uncertainties remain due to international instability, persistent yen weakness, and high raw material costs.

Financial highlights

• Gross profit increased from ¥12,296 million to ¥13,612 million year-over-year.

• EPS for the period was ¥225.94, up from ¥181.05 in the prior year.

• Total assets increased to ¥71,944 million from ¥67,883 million at the previous fiscal year-end.

• Net assets rose to ¥47,204 million, with an equity ratio of 65.6%.

Outlook and guidance

• Full-year revenue forecast is ¥60,000 million (down 1.0% year-over-year), with operating income of ¥4,900 million (up 0.9%) and net income of ¥3,750 million (up 1.1%).

• No changes to previously announced guidance.