Ebara (6361) Q4 2025 earnings summary

Executive summary

• Orders, revenue, operating profit, and profit attributable to owners all reached record highs in FY25, with revenue at ¥958,285 million, up 10.6% year-over-year, and all business segments contributing to growth.

• Operating profit rose 16.2% to ¥113,802 million, and profit attributable to owners increased 7.3% to ¥76,633 million, both record highs.

• Orders received grew 10.4% to ¥949,683 million, driven by strong demand in Precision Machinery and Environmental segments.

• FY26 targets include surpassing ¥1 trillion in both orders and revenue for the first time, and achieving record operating profit and profit attributable to owners for the sixth consecutive period.

• The company advanced its medium-term management plan, focusing on customer value and market competitiveness.

Financial highlights

• FY25 orders rose 10.4% year-over-year to ¥949.6B, revenue increased 10.6% to ¥958.2B, and operating profit grew 16.2% to ¥113.8B.

• Profit attributable to owners increased 7.3% to ¥76.6B, and basic EPS rose 7.6% to ¥166.31, reflecting the 5-for-1 stock split.

• Operating profit margin improved by 0.6pts to 11.9%.

• FY25 annual dividend per share was raised to ¥59, with a FY26 plan of ¥66.

• Gross profit increased to ¥311,944 million from ¥286,969 million year-over-year.

Outlook and guidance

• FY26 guidance projects orders of ¥1,070.0B (+12.7% YoY), revenue of ¥1,020.0B (+6.4%), and operating profit of ¥125.0B (+9.8%).

• Profit attributable to owners is forecast at ¥86.6B (+13.0%), with EPS expected to reach ¥189.67 (+14.0%).

• Precision Machinery is expected to see over 10% market growth, especially in generative AI-related applications.

• Annual dividend for 2026 is planned at ¥66.00 per share, with a payout ratio target of 35% or higher.