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KOSÉ (4922) investor relations material
KOSÉ Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for FY2025 rose 2.3% year-over-year to ¥330.1 billion, with growth in Japan and Asia offsetting flat performance in North America and others.
Operating profit increased 6.3% year-over-year to ¥18.4 billion, driven by improved profitability in core businesses despite higher logistics and administrative costs.
Profit attributable to owners of parent more than doubled year-over-year to ¥15.1 billion, aided by lower income taxes and absence of prior-year China restructuring losses.
Financial highlights
Gross profit rose 2.4% year-over-year to ¥227.9 billion, maintaining a 69.0% gross margin.
Operating margin improved to 5.6% from 5.4% year-over-year.
ROE increased to 5.4% and ROIC to 3.7% for FY2025.
E-commerce sales grew 18.2% year-over-year, with notable gains in Japan and North America.
Outlook and guidance
FY2026 net sales are forecast to rise 6.0% to ¥350 billion, with operating profit up 8.3% to ¥20 billion.
Profit attributable to owners of parent is expected to decline 19.9% to ¥12.1 billion due to higher depreciation and administrative costs.
Dividend per share planned at ¥150 for FY2026, including a ¥10 commemorative dividend; share buyback up to ¥3.0 billion announced.
- Sales up slightly, but profit down on higher costs and FX losses; full-year outlook maintained.4922
Q3 202510 Nov 2025 - Operating profit fell 17.7% as higher costs and FX losses offset modest sales growth.4922
Q2 20257 Aug 2025 - Double-digit profit growth led by Japan and North America, while China lags.4922
Q2 202413 Jun 2025 - Sales growth offset by China restructuring loss; profit outlook cut, dividend steady.4922
Q3 202413 Jun 2025 - Sales up, profits down; 2025 outlook positive despite cost and FX headwinds.4922
Q1 20256 Jun 2025 - 2024 profit fell on China reforms, but 2025 outlook is for strong recovery and sales growth.4922
Q4 20246 Jun 2025
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