Murakami (7292) Q3 2025 earnings summary

Executive summary

• Sales decreased 2.7% year-over-year to ¥77,284 million due to lower auto mirror sales in Japan, Thailand, and China, despite growth in Mexico.

• Operating income rose 1.6% to ¥6,317 million, and net income attributable to shareholders increased 1.1% to ¥4,552 million year-over-year.

• Segment performance varied: Japan and Asia saw declines, while North America (Mexico) posted strong growth.

Financial highlights

• Revenue: ¥77,284 million (down 2.7% year-over-year).

• Operating income: ¥6,317 million (up 1.6% year-over-year).

• Ordinary income: ¥7,257 million (up 3.3% year-over-year).

• Net income attributable to shareholders: ¥4,552 million (up 1.1% year-over-year).

• EPS: ¥393.50 (up from ¥375.01 year-over-year).

Outlook and guidance

• Full-year forecast unchanged: revenue ¥111,400 million (+6.5%), operating income ¥8,400 million (+0.8%), net income ¥6,000 million (+1.9%), EPS ¥503.18.

• Dividend forecast maintained at ¥180 per share for the year.