TPR Co (6463) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 0.6% year-over-year to ¥143,158 million, with operating profit up 2.6% to ¥8,217 million and profit attributable to owners of parent up 29.5% to ¥7,443 million.

• Despite declines in Japan, growth in Asia and North America, along with cost reductions, drove overall profit increases.

Financial highlights

• Gross profit increased to ¥30,241 million from ¥28,954 million year-over-year.

• Ordinary profit rose 18.5% to ¥11,765 million, and basic EPS increased to ¥220.74 from ¥170.53.

• Comprehensive income fell 61% year-over-year to ¥7,915 million due to a significant drop in valuation difference on available-for-sale securities.

Outlook and guidance

• Full-year forecasts remain unchanged: net sales of ¥192,200 million (down 0.8% year-over-year), operating profit of ¥12,600 million (up 0.6%), ordinary profit of ¥16,300 million (up 1.5%), and profit attributable to owners of parent of ¥8,400 million (up 2.5%).

• Annual dividend forecast raised to ¥100 per share, up from ¥70 in the previous year.