Okabe (5959) Q3 2025 earnings summary

Executive summary

• Net sales for the first nine months ended September 30, 2025, rose 3.3% year-over-year to 51,247 million yen, with operating profit up 16.2% to 3,670 million yen and profit attributable to owners of parent up 19.0% to 2,776 million yen.

• The Japanese economy showed moderate recovery, but the construction industry faced challenges from labor shortages and high steel prices.

• The company advanced its medium-term plan focusing on customer-centric initiatives, human capital management, and digital transformation.

Financial highlights

• Gross profit increased to 16,175 million yen from 15,646 million yen year-over-year.

• Ordinary profit rose 15.7% year-over-year to 3,893 million yen.

• Comprehensive income for the period was 3,169 million yen, down 20.7% from the previous year.

• Basic earnings per share increased to 60.59 yen from 50.48 yen year-over-year.

Outlook and guidance

• Full-year forecast for FY2025 remains unchanged: net sales of 72,500 million yen (+6.9% YoY), operating profit of 4,700 million yen (+12.0%), and profit attributable to owners of parent of 3,120 million yen.

• Dividend forecast for FY2025 is 41 yen per share, including a special dividend.