Nippon Gear (6356) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2024, was ¥6,778 million, down 3.2% year-over-year, with operating profit at ¥1,534 million (down 6.0%) and net profit at ¥1,066 million (down 5.0%).

• Orders received were ¥7,368 million (down 0.2% year-over-year), while order backlog increased 12.9% from the previous fiscal year-end.

• The business environment showed moderate recovery in Japan, but global uncertainties and high raw material/energy costs persisted.

Financial highlights

• Gross profit margin declined as cost of sales rose 1.3% year-over-year, while SG&A expenses fell 10.3%.

• EPS for the period was ¥74.94, compared to ¥78.86 in the prior year.

• Total assets increased to ¥14,823 million, and net assets rose to ¥12,096 million, with equity ratio improving to 81.6%.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥9,300 million, with operating profit projected at ¥1,640 million and net profit at ¥1,150 million.

• No revision to previously announced earnings guidance.