Tsugami (6101) Q3 2025 earnings summary

Executive summary

• Revenue for the first nine months rose 19.2% year-over-year to ¥74,889 million, with operating profit up 61.0% to ¥15,699 million and profit attributable to owners of parent up 113.7% to ¥7,764 million, reaching record highs.

• Despite market uncertainty, especially in China, business was steadily promoted across all locations.

Financial highlights

• Gross profit increased to ¥25,628 million from ¥17,582 million year-over-year.

• Basic earnings per share rose to ¥164.69 from ¥75.92 year-over-year.

• Total assets grew to ¥126,385 million, up ¥8,670 million from March 2024.

• Cash and cash equivalents at period end were ¥30,601 million, up ¥106 million from the previous year.

Outlook and guidance

• Full-year revenue forecast is ¥97,000 million (up 15.6% year-over-year), with operating profit of ¥18,500 million (up 41.3%) and profit attributable to owners of parent of ¥8,000 million (up 48.8%).

• Annual dividend forecast remains at ¥54 per share, unchanged from previous guidance.