Yamaura (1780) Q3 2026 earnings summary

Executive summary

• Revenue for the nine months ended December 31, 2025, increased 19.4% year-over-year to ¥29,968 million, with operating income up 18.2% to ¥3,441 million and net income attributable to shareholders rising 27.1% to ¥2,580 million.

• The company maintained high profitability despite industry headwinds, driven by cost reduction efforts and new product initiatives such as the standardization of micro data centers.

Financial highlights

• Gross profit rose to ¥5,597 million from ¥5,018 million year-over-year, while operating profit increased to ¥3,441 million from ¥2,911 million.

• Comprehensive income for the period was ¥2,864 million, up 34.9% year-over-year.

• Total assets at period-end were ¥32,651 million, with net assets of ¥25,574 million and an equity ratio of 78.3%.

• EPS for the period was ¥136.33, up from ¥107.24 in the prior year.

Outlook and guidance

• Full-year revenue forecast revised to ¥40,560 million (up 13.9% year-over-year), with operating profit projected at ¥4,779 million (up 20.5%) and net income at ¥3,147 million (up 4.8%).

• Year-end dividend forecast raised to ¥17.00 per share, total annual dividend expected at ¥30.00 per share.