ROHM (6963) Q3 2026 earnings summary

Executive summary

• Net sales for 3Q FY2025 reached ¥125.2 billion, up 11.2% YoY but down 2.1% QoQ, driven by automotive and industrial markets, while consumer and communication segments declined sequentially.

• Net sales for the nine months ended December 31, 2025 rose 7.2% YoY to ¥369,515 million, driven by strong consumer product and automotive market demand.

• Operating profit for 3Q FY2025 was ¥2.0 billion, a 72.5% decrease sequentially, impacted by higher variable costs and temporary SiC quality assurance costs.

• Operating profit for the nine months reached ¥9,703 million, reversing a prior-year loss, due to higher sales and reduced fixed costs from structural reforms.

• Net profit was ¥4.5 billion in 3Q FY2025, down 38.7% sequentially, but a turnaround from a loss YoY due to sales recovery and fixed cost reductions.

Financial highlights

• 3Q FY2025 net sales: ¥125.2 billion (+11.2% YoY, -2.1% QoQ).

• Nine-month net sales: ¥369,515 million (+7.2% YoY).

• Operating profit: ¥2.0 billion (1.6% margin) for 3Q FY2025; ¥9,703 million for nine months.

• Full-year revised sales plan: ¥480.0 billion (+7.0% YoY, +4.3% vs. previous plan).

• Benefited from favorable exchange rates and accounting changes, but profit increase limited by SiC quality costs and inventory write-downs.

Outlook and guidance

• Full-year net sales forecast for FY2026 is ¥480,000 million, up 7.0% from the previous year.

• Operating profit projected at ¥6,000 million, ordinary profit at ¥11,000 million, and profit attributable to owners of parent at ¥10,000 million.

• Sales forecast for FY2025 revised upward by ¥20 billion due to favorable exchange rates.

• Quality assurance costs in the SiC power device business are expected to be temporary, with improvement anticipated in the next fiscal year.

• Dividend forecast remains unchanged at ¥50.00 per share for the year.