Osaka Soda Co (4046) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 6.3% year-over-year to ¥74,650 million, with operating profit up 40.0% to ¥10,639 million and profit attributable to owners of parent up 49.9% to ¥7,940 million.

• Recovery in the Japanese economy supported by improved employment and consumer spending, but challenges persisted from high raw material costs, global conflicts, and weak Chinese real estate.

• Strategic focus on strengthening core businesses, new product development, and sustainability management under the medium-term plan.

Financial highlights

• Gross profit increased to ¥21,985 million from ¥18,137 million year-over-year.

• Ordinary profit rose 36.1% year-over-year to ¥11,700 million.

• Basic earnings per share for the period was ¥62.59, calculated post-stock split.

• Comprehensive income was ¥7,714 million, nearly flat year-over-year.

• Equity-to-asset ratio improved to 74.4% from 72.9% at the previous fiscal year-end.

Outlook and guidance

• Full-year forecast unchanged: net sales of ¥103,000 million (+8.9% YoY), operating profit of ¥16,000 million (+52.5%), ordinary profit of ¥16,800 million (+39.9%), and profit attributable to owners of parent of ¥11,500 million (+50.3%).

• Projected basic earnings per share for the year ending March 31, 2025, is ¥90.65 post-stock split.