Riken Keiki (7734) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 13.8% year-over-year to ¥40,901 million, driven by domestic renewal/construction projects and strong overseas sales in North America and China.

• Operating profit increased 4.8% to ¥8,459 million, but the margin declined due to higher personnel and material costs and more high-cost construction projects.

• Net profit attributable to owners of parent rose 7.4% to ¥6,595 million.

• The business environment remained solid, especially in the semiconductor, petrochemical, shipbuilding, and government sectors, despite global economic uncertainties.

• Cost reduction, aggressive sales, and investment in new product development contributed to performance.

Financial highlights

• Ordinary profit increased 7.2% year-over-year to ¥9,316 million; comprehensive income rose to ¥7,310 million.

• Basic earnings per share for the nine months was ¥143.65, up 8.9% year-over-year.

• Total assets as of December 31, 2025, were ¥97,453 million, up 5.1% from the previous fiscal year-end.

• Net assets increased to ¥81,547 million, with an equity ratio of 83.7%.

• Net profit reached ¥6,595 million, a 7.4% increase year-over-year.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: net sales ¥52,000 million (+6.0% YoY), operating profit ¥12,000 million (+12.8% YoY), net profit attributable to owners of parent ¥8,600 million (+7.4% YoY), EPS ¥187.61.

• 78.7% of full-year net sales target, 70.5% of operating profit, and 76.7% of net profit achieved in the first nine months.

• No change to previously announced financial results forecasts.