Tokai Rika (6995) Q3 2025 earnings summary

Executive summary

• Sales and profits declined year-over-year in the third quarter and for the nine months ended December 31, 2024, due to lower production volumes at major customers.

• Q3 results slightly exceeded internal plans, but comprehensive income dropped 51% year-over-year to ¥17,996 million.

• Operating profit decreased by 16.8% to ¥27,619 million; profit attributable to owners fell 15.9% to ¥22,666 million.

Financial highlights

• Q3 FY2025 sales were ¥459.4bn, down 3.3% year-over-year; operating profit was ¥27.6bn, down 16.8%.

• Ordinary profit fell 30.3% to ¥27.5bn; profit attributable to owners dropped 15.9% to ¥22.6bn.

• Gross profit for the nine months was ¥66,483 million, a decrease of ¥5,095 million year-over-year.

• Basic earnings per share for the period were ¥267.95, down from ¥295.24 a year earlier.

• Total assets as of December 31, 2024, were ¥515,872 million, a slight decrease from March 31, 2024.

Outlook and guidance

• FY2025 sales forecast is ¥600.0bn, a 3.8% decrease from FY2024; operating profit forecast is ¥30.0bn, up 4.1%.

• Profit attributable to owners forecast at ¥22.0bn, down 11.5% year-over-year.

• Annual dividend forecast is ¥45.00 per share.

• No change to annual forecast despite Q3 outperformance, due to anticipated higher costs.