Tsutsumi Jewelry (7937) Q3 2025 earnings summary

Executive summary

• Net sales for the third quarter rose 25.2% year-over-year to ¥18,197 million, with operating income up 52.2% to ¥1,760 million.

• Net income surged 89.4% year-over-year to ¥1,551 million, reflecting strong profitability.

• Net income per share increased to ¥99.31 from ¥52.42 in the prior year period.

Financial highlights

• Ordinary income for the quarter was ¥1,827 million, up from ¥1,207 million year-over-year.

• Total assets at quarter-end were ¥68,958 million, with net assets at ¥67,361 million.

• Capital adequacy ratio improved to 97.7% from 96.9% a year earlier.

Outlook and guidance

• Full-year net sales forecast is ¥24,000 million, up 20.6% year-over-year.

• Operating income projected at ¥1,870 million, ordinary income at ¥1,950 million, and net income at ¥1,580 million, up 36.7% year-over-year.

• Net income per share for the year is forecast at ¥101.11.

• Financial forecast was revised this quarter.