Sakata INX (4633) Q3 2025 earnings summary

Executive summary

• Net sales for the 3rd quarter FY2025 reached ¥192,045 million, up 5.3% year-over-year, driven by strong performance in the Americas and a recently acquired U.S. subsidiary, despite yen appreciation impacts.

• Operating income rose 8.8% to ¥11,904 million, supported by higher sales volume and stable raw material prices overseas, offsetting higher labor costs.

• Net income attributable to owners of parent increased 17.1% to ¥9,780 million, aided by exchange rate gains, especially from the Brazilian real.

• Comprehensive income declined to ¥5,898 million from ¥9,418 million a year earlier, mainly due to negative foreign currency translation adjustments.

• No changes were made to the FY2025 full-year forecast since the previous announcement.

Financial highlights

• Operating income margin improved to 6.2% from 6.0% in the prior year’s quarter.

• Ordinary income margin rose to 6.8%, and net income margin attributable to owners of parent increased to 5.1%.

• Basic earnings per share for the quarter were ¥197.92, up from ¥167.24 year-over-year.

• Gross profit increased to ¥47,934 million from ¥44,189 million year-over-year.

• Total assets decreased 2.6% from the previous fiscal year-end to ¥215,802 million, mainly due to lower receivables, inventories, and investment securities.

Outlook and guidance

• FY2025 full-year forecast remains unchanged: net sales ¥268,000 million, operating income ¥15,500 million, net income attributable to owners of parent ¥10,800 million, and EPS ¥217.67.

• Operating income margin for FY2025 is projected at 5.8%.

• Annual dividend forecast is ¥90.00 per share.