PIOLAX (5988) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, decreased by 4.0% year-over-year to ¥46,058 million.

• Operating profit dropped 44.7% year-over-year to ¥1,212 million, and profit attributable to owners of parent fell 65.4% to ¥648 million.

• Comprehensive income turned negative at ¥(378) million, compared to ¥2,939 million in the prior year period.

Financial highlights

• Gross profit for the nine months was ¥10,150 million, down from ¥11,100 million year-over-year.

• Ordinary profit declined 60.4% year-over-year to ¥1,174 million.

• Basic earnings per share for the period was ¥25.09, down from ¥55.14 in the previous year.

• Total assets as of December 31, 2025, were ¥101,835 million, down from ¥105,464 million as of March 31, 2025.

• Equity-to-asset ratio decreased to 62.4% from 85.8% at the previous fiscal year-end.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: net sales of ¥61,200 million (up 3.4% year-over-year), operating profit of ¥1,600 million (up 32.8%), and profit attributable to owners of parent of ¥700 million (up 61.0%).

• Basic earnings per share forecast for the full year is ¥27.44.

• Dividend forecast remains unchanged at ¥92.00 per share for the full year.