Sankyu (9065) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 8.0% year-over-year to ¥455,679 million, with operating profit up 21.6% to ¥32,870 million and profit attributable to owners of parent up 20.2% to ¥22,278 million.

• Growth was driven by strong performance in plant engineering and steady logistics operations, despite mixed global economic conditions and a slowdown in China.

Financial highlights

• Gross profit increased from ¥46,479 million to ¥54,640 million year-over-year.

• Ordinary profit rose 18.6% to ¥33,435 million, and basic earnings per share increased to ¥410.86 from ¥323.44.

• Comprehensive income declined to ¥22,156 million from ¥27,123 million due to negative other comprehensive income.

Outlook and guidance

• Full-year forecast for FY2025 revised upward: net sales ¥604,000 million (+7.2%), operating profit ¥41,000 million (+11.9%), profit attributable to owners of parent ¥28,000 million (+16.4%).

• Dividend forecast raised to ¥204 per share for the full year.

• Upward revision driven by additional SDM projects and increased logistics operations.