MATSUDA SANGYO (7456) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 37.1% year-over-year to ¥477.9 billion, with operating profit up 37.9% to ¥14.9 billion and net income attributable to owners of parent up 37.6% to ¥11.1 billion, driven by strong performance in both the Precious Metals and Food Business segments.

• Full-year financial forecasts were revised upward, reflecting continued business momentum.

• The Precious Metals Business Segment saw strong growth due to increased recycling volume and higher precious metal prices, while the Food Business Segment benefited from higher sales of livestock and agricultural products and increased selling prices.

Financial highlights

• Net sales rose to ¥477.9 billion, up 37.1% year-over-year for the third quarter.

• Operating profit increased to ¥14.9 billion, up 37.9% year-over-year.

• Net income attributable to owners of parent reached ¥11.1 billion, up 37.6% year-over-year.

• Earnings per share increased to ¥429.85, up from ¥311.99 in the prior year.

• Ordinary profit increased 37.3% year-over-year to ¥15.8 billion.

Outlook and guidance

• Full-year net sales forecast raised to ¥650.0 billion, operating profit to ¥20.0 billion, and net income to ¥14.7 billion.

• Basic earnings per share for the full year forecasted at ¥568.84.

• Dividend forecast for the fiscal year ending March 31, 2026, is ¥100 per share.