Secom (9735) Q3 2025 earnings summary

Executive summary

• Achieved record-high revenue, ordinary profit, and net income attributable to owners of the parent for the nine months ended December 31, 2024, driven by growth in security, fire/disaster prevention, and medical services.

• Implemented a 2-for-1 stock split on October 1, 2024, and introduced a new shareholder benefits program to broaden the investor base.

• Launched new security products and services, including an updated home security controller and smartphone-based authentication.

Financial highlights

• Revenue for 3Q FY2025 was ¥864.6 billion, up 3.5% year-over-year; operating profit was ¥100.3 billion, down 3.3% year-over-year; ordinary profit was ¥129.4 billion, up 8.1% year-over-year; net income attributable to owners of the parent was ¥79.4 billion, up 4.1% year-over-year.

• Basic net income per share for the nine months was ¥190.92, calculated assuming the stock split at the start of the previous fiscal year.

• Gross margin improved slightly, but operating margin declined due to higher costs in some segments.

• Total assets were ¥2,099.5 billion and net assets ¥1,399.8 billion as of December 31, 2024.

• Revenue, ordinary profit, and net income all reached record highs for the period, driven by growth in security, fire protection, and medical services.

Outlook and guidance

• Full-year revenue is projected at ¥1,192.4 billion, with operating profit of ¥140.8 billion, ordinary profit of ¥168.9 billion, and net income attributable to owners of the parent of ¥104.6 billion; guidance unchanged.

• Forward-looking statements are subject to risks and actual results may differ materially.