Shibaura Mechatronics (6590) Q3 2024 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 18.1% year-over-year to ¥56,554 million.

• Operating income increased 14.7% year-over-year to ¥9,296 million.

• Net income attributable to owners of parent grew 14.8% year-over-year to ¥6,948 million.

• Comprehensive income for the period was ¥6,971 million, up 9.5% year-over-year.

Financial highlights

• Basic earnings per share for the nine months was ¥530.00, reflecting a 3-for-1 stock split.

• Total assets as of December 31, 2024, were ¥91,381 million; net assets were ¥43,146 million.

• Equity-to-asset ratio improved to 47.2% from 42.4% as of March 31, 2024.

Outlook and guidance

• Full-year net sales forecasted at ¥75,100 million, up 11.2% year-over-year.

• Operating income projected at ¥12,400 million, up 6.1% year-over-year.

• Net income attributable to owners of parent expected to reach ¥9,100 million, up 3.5% year-over-year.

• Basic earnings per share forecasted at ¥694.04 for the full year.