Toyo Suisan Kaisha (2875) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 10.3% year-over-year to ¥395,214 million, with operating profit up 29.8% to ¥62,298 million and profit attributable to owners of parent up 31.0% to ¥52,266 million.

• Comprehensive income increased 17.0% year-over-year to ¥61,870 million.

• The company maintained its full-year forecast, expecting net sales of ¥510,000 million and profit attributable to owners of parent of ¥59,000 million.

Financial highlights

• Gross profit for the nine months was ¥120,659 million, up from ¥101,291 million year-over-year.

• Basic earnings per share increased to ¥519.51 from ¥390.73 year-over-year.

• Total assets as of December 31, 2024, were ¥595,846 million, with net assets at ¥493,088 million.

• Equity ratio stood at 80.7%.

Outlook and guidance

• Full-year forecast for FY2025 remains unchanged: net sales of ¥510,000 million (up 4.3% year-over-year), operating profit of ¥72,000 million (up 8.0%), and profit attributable to owners of parent of ¥59,000 million (up 6.0%).

• Dividend forecast for FY2025 is ¥170 per share, unchanged from the previous year.