Yokogawa Bridge Holdings (5911) Q3 2025 earnings summary

Executive summary

• Orders received reached a record-high ¥124.97 billion, up 28.6% year-over-year, driven by strong bridge and engineering business orders.

• Net sales for the nine months ended December 31, 2024, were ¥115.26 billion, down 7.9% year-over-year.

• Operating profit declined 35.3% year-over-year to ¥8.22 billion, and profit attributable to owners of parent fell 31.5% to ¥6.71 billion.

Financial highlights

• Gross profit for the period was ¥17.12 billion, down from ¥20.94 billion year-over-year.

• Comprehensive income dropped 52.1% year-over-year to ¥5.27 billion.

• Basic earnings per share decreased to ¥164.90 from ¥240.20 year-over-year.

• Net assets per share rose slightly to ¥3,086.73 as of December 31, 2024.

Outlook and guidance

• Full-year net sales forecast revised downward to ¥160 billion (down 3% from previous forecast), with operating profit expected at ¥13 billion (down 7.1%).

• Profit attributable to owners of parent forecast at ¥10 billion, with basic EPS of ¥246.48.

• Downward revision reflects stagnation in engineered structure system orders and continued weakness in engineering business.