SRE Holdings (2980) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 12.6% year-over-year to ¥14,413 million, while operating profit declined 4.4% to ¥1,444 million and ordinary profit fell 6.7% to ¥1,300 million.

• Profit attributable to owners of parent dropped 31.7% year-over-year to ¥636 million, with basic EPS at ¥39.59, down from ¥57.64 in the prior year.

• Comprehensive income decreased 24.4% year-over-year to ¥739 million.

Financial highlights

• Gross profit increased to ¥6,331 million from ¥5,240 million year-over-year, but selling, general, and administrative expenses rose to ¥4,887 million.

• Total assets grew to ¥33,220 million as of December 31, 2024, up from ¥24,017 million at the previous fiscal year-end.

• Equity ratio declined to 37.8% from 50.6% at the previous fiscal year-end.

• Net assets increased to ¥13,240 million from ¥12,460 million.

Outlook and guidance

• Full-year forecast for FYE March 31, 2025: net sales of ¥27,000 million (up 11.5% year-over-year), operating profit of ¥3,050 million (up 37.9%), ordinary profit of ¥2,900 million (up 40.9%), and profit attributable to owners of parent of ¥1,850 million (up 33.2%).

• Basic profit per share forecasted at ¥114.57 for the full year.

• No dividend is planned for the fiscal year.