Okamoto Industries (5122) Q3 2025 earnings summary

Executive summary

• Net sales rose 4.6% year-over-year to ¥83,046 million for the nine months ended December 31, 2024.

• Operating income declined 11.3% year-over-year to ¥7,112 million, while ordinary income fell 11.0% to ¥8,443 million.

• Profit attributable to owners of parent dropped 27.5% year-over-year to ¥5,079 million.

• Comprehensive income decreased to ¥5,408 million from ¥11,943 million in the prior year period.

Financial highlights

• Gross profit was ¥18,500 million, nearly flat year-over-year.

• Total assets increased to ¥145,248 million as of December 31, 2024, up from ¥143,858 million at March 31, 2024.

• Equity ratio improved to 63.1% from 61.6% at the previous fiscal year-end.

• Net income per share was ¥291.41, down from ¥398.47 year-over-year.

Outlook and guidance

• Full-year net sales forecast is ¥111,000 million, up 4.6% year-over-year.

• Operating income is projected to decrease 7.9% to ¥9,250 million, and profit attributable to owners of parent is expected to decline 9.3% to ¥6,700 million.

• Dividend forecast for FY2025 is ¥135 per share, unchanged from the previous forecast.