PIOLAX (5988) Q3 2025 earnings summary

Executive summary

• Net sales for the third quarter were ¥47,953 million, down 0.5% year-over-year.

• Operating income declined 40.4% to ¥2,191 million compared to the same period last year.

• Net income attributable to owners fell 52.0% year-over-year to ¥1,872 million.

• Comprehensive income dropped 65.7% to ¥2,939 million for the quarter.

Financial highlights

• Gross profit decreased to ¥11,100 million from ¥12,130 million year-over-year.

• Ordinary income was ¥2,962 million, down 39.0% from the previous year.

• Quarterly net income per share was ¥55.14, compared to ¥114.67 last year.

• Equity capital ratio remained high at 87.8%.

Outlook and guidance

• Full-year net sales forecast at ¥63,500 million, a 1.6% decrease year-over-year.

• Operating income for the year projected at ¥2,400 million, down 49.5% year-over-year.

• Net income forecasted at ¥2,200 million, a 45.2% decline from the previous year.

• No changes to previously released forecasts.