Sanyo Denki (6516) Q3 2026 earnings summary

Executive summary

• Revenue for FY2025 Q3 rose 8.9% year-over-year to ¥78.1 billion, driven by strong growth in AI, telecom, semiconductor, and factory automation markets.

• Operating profit increased 53.8% to ¥7.5 billion, with net profit attributable to owners rising 43.9% to ¥5.7 billion.

• Orders received grew 22.6% to ¥79,182 million, while order backlog slightly decreased by 0.7% to ¥36,960 million.

• Implemented a three-for-one stock split effective October 1, 2025, to improve liquidity and expand the investor base.

Financial highlights

• FY2025 Q3 revenue reached ¥78.1 billion, up ¥6.4 billion (+8.9%) year-over-year.

• Operating profit rose to ¥7.5 billion (+53.8%), with a margin of 9.7%.

• Net profit attributable to owners was ¥5.7 billion (+43.9%).

• Gross profit for the period was ¥21,613 million, up from ¥18,026 million year-over-year.

• Basic earnings per share increased to ¥162.09 from ¥111.88, reflecting the stock split.

Outlook and guidance

• Full-year FY2025 revenue forecast is ¥107.1 billion (+9.5% YoY), with operating profit expected at ¥11.5 billion (+45.5% YoY) and net profit at ¥8.5 billion (+50.8% YoY).

• Basic earnings per share for the full year is forecast at ¥237.59, reflecting the stock split.

• ROE forecasted to rise to 7.3% from 5.0% in the prior year.

• Total payout ratio set at 35%, with a 30% dividend payout ratio and flexible share buybacks.