Nadex Co (7435) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended January 31, 2025, increased by 11.5% year-over-year to ¥25,984 million.

• Operating profit declined by 41.4% year-over-year to ¥180 million, and ordinary profit fell by 48.3% to ¥264 million.

• Profit attributable to owners of parent dropped to a loss of ¥301 million, compared to a profit of ¥820 million in the prior year.

Financial highlights

• Comprehensive income for the period was a loss of ¥79 million, compared to a profit of ¥512 million year-over-year.

• Basic earnings per share turned negative at ¥(31.23), down from ¥33.09 in the previous year.

• Total assets as of January 31, 2025, were ¥31,476 million, with net assets at ¥18,751 million.

• Capital adequacy ratio decreased to 59.0% from 61.7% as of April 30, 2024.

Outlook and guidance

• Full-year net sales forecasted at ¥37,300 million, up 8.5% year-over-year.

• Operating profit projected at ¥650 million (down 32.4%), ordinary profit at ¥740 million (down 39.1%), and profit attributable to owners of parent at ¥150 million (down 81.6%).

• Basic earnings per share for the full year expected to be ¥17.66.

• No revisions to the previously announced financial results forecast.