Niitaka (4465) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended February 28, 2025, rose 4.7% year-over-year to ¥17,751 million, with operating profit up 26.4% to ¥1,358 million and ordinary profit up 27.3% to ¥1,379 million, driven by higher detergent sales, cost reductions, and contributions from subsidiaries.

• Net income attributable to parent company shareholders surged 264.7% year-over-year to ¥1,497 million, reflecting extraordinary income from the sale of a Chinese subsidiary and reversal of provision for loss on business withdrawal.

• Comprehensive income rose to ¥1,466 million from ¥485 million in the prior year period.

Financial highlights

• Gross profit increased to ¥6,445 million from ¥6,022 million year-over-year, while selling, general and administrative expenses rose to ¥5,087 million.

• Extraordinary income of ¥719 million was recorded, mainly from a gain on sale of shares of subsidiaries and reversal of provision for loss on business withdrawal.

• Extraordinary losses decreased significantly to ¥1 million from ¥686 million year-over-year.

• Earnings per share for the nine months was ¥253.68, up from ¥69.56 in the prior year period.

• Cost of sales ratio improved by 0.8pt year-over-year and decreased to 63.4% in the latest quarter.

Outlook and guidance

• Progress rates for revenue, operating profit, and net income are 75.5%, 90.6%, and 96.0% of full-year plans, respectively, indicating strong progress toward annual targets.

• Full-year net sales are forecast at ¥23,500 million, up 3.3% year-over-year, with operating profit projected at ¥1,500 million and profit attributable to owners of parent at ¥1,560 million (up 121.0%).

• Full-year earnings per share is forecast at ¥264.25, with an annual dividend forecast of ¥80.00 per share.