Sekisui Jushi (4212) Q4 2025 earnings summary

Executive summary

• Net sales for FYE March 2025 increased 18.2% year-over-year to ¥74,231 million, driven by newly added Group companies and growth in existing businesses, but operating profit declined 20.4% to ¥5,011 million and net income attributable to owners fell 24.1% to ¥3,544 million.

• EBITDA rose 13.3% year-over-year to ¥8,552 million, reflecting increased capital investment and contributions from new subsidiaries.

• Comprehensive income decreased 22.2% year-over-year to ¥4,954 million.

• For FYE March 2026, both sales and profit are forecast to increase, with profit growth projected to exceed 20%.

Financial highlights

• Net sales: ¥74,231 million (+18.2% YoY); Operating income: ¥5,011 million (-20.4% YoY); Net income attributable to owners: ¥3,544 million (-24.1% YoY).

• EBITDA: ¥8,552 million (+13.3% YoY).

• Gross profit rose to ¥22,313 million from ¥19,133 million year-over-year.

• Cash flows from operating activities increased to ¥6,211 million; cash and cash equivalents at period end were ¥15,842 million, up from ¥15,167 million.

Outlook and guidance

• FYE March 2026 forecast: Net sales ¥79,000 million (+6.4% YoY), Operating income ¥6,400 million (+27.7% YoY), Net income ¥4,300 million (+21.3% YoY), and basic earnings per share forecast of ¥138.91.

• Synergies expected from three newly acquired companies, with continued focus on sales expansion, price revisions, and cost reduction.

• Plan to acquire up to 1 million shares of treasury stock and cancel 1 million shares in FYE March 2026.