Yamaura (1780) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2024, was ¥25,090 million, down 14.1% year-over-year, reflecting a reactionary decline from last year's record results.

• Operating income decreased 31.7% year-over-year to ¥2,910 million, and net income attributable to shareholders fell 31.8% to ¥2,029 million.

• Despite the challenging environment, profitability remained at a high level due to productivity improvements and cost reduction initiatives.

Financial highlights

• Gross profit for the period was ¥5,017 million, with an operating margin of 11.6%.

• Ordinary income was ¥2,968 million, down 30.3% year-over-year.

• Comprehensive income for the period was ¥2,123 million, a 31.6% decrease year-over-year.

• EPS for the period was ¥107.24, compared to ¥157.27 in the prior year.

Outlook and guidance

• Full-year revenue is forecast at ¥37,530 million, flat year-over-year.

• Operating income is projected at ¥4,110 million (down 3.5%), and net income at ¥2,920 million (down 1.9%).

• No changes have been made to the previously announced earnings guidance.