SWCC Corporation (5805) Q4 2025 earnings summary

Executive summary

• Profitability and financial foundation improved through ROIC-based management and structural reforms, with record-high operating and net income for FY2024.

• Net sales for FY ended March 31, 2025 rose 11.2% year-over-year to ¥237,862 million, with operating profit up 63.2% to ¥20,935 million and profit attributable to owners up 29.0% to ¥11,400 million.

• Transitioning to a new growth phase, including a new medium-term plan and integration of TOTOKU as a consolidated subsidiary.

• Six new companies, including TOTOKU INC., were added to the scope of consolidation during the period.

• Comprehensive income declined 8.9% year-over-year to ¥11,505 million.

Financial highlights

• FY2024 net sales rose 11.2% year-over-year to ¥237.9 billion; operating profit up 63.2% to ¥20.9 billion.

• Net income attributable to owners of parent increased 29.0% year-over-year to a record ¥11.4 billion.

• ROE reached 14.3% and ROIC 11.9%, both surpassing medium-term targets ahead of schedule.

• Basic earnings per share increased to ¥385.69 from ¥297.12 year-over-year.

• Year-end dividend increased by ¥16 to ¥136 per share, payout ratio 35.3%.

Outlook and guidance

• FY2025 net sales forecasted to rise 9.3% to ¥260.0 billion; operating profit projected to increase 17.0% to ¥24.5 billion.

• Net income expected to reach ¥15.0 billion, up 31.6% year-over-year; EPS forecast at ¥507.23.

• Dividend planned at ¥180 per share, a ¥44 increase from the previous year.

• Early achievement of FY2026 ROIC and profit targets anticipated.