Inaba Denki Sangyo (9934) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 6.9% year-over-year to ¥291,607 million, with operating profit up 20.2% and profit attributable to owners of parent up 24.0% to ¥15,736 million.

• Comprehensive income surged 74.6% year-over-year to ¥23,073 million for the nine-month period.

Financial highlights

• Gross profit increased to ¥52,217 million from ¥46,832 million year-over-year, while operating profit reached ¥20,832 million, up from ¥17,337 million.

• Ordinary profit rose 22.0% to ¥22,572 million, and basic earnings per share (EPS) was ¥139.92, reflecting a share split.

• Total assets as of December 31, 2025, were ¥282,809 million, with net assets at ¥185,371 million and an equity-to-asset ratio of 65.4%.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: net sales of ¥392,000 million (+2.1% YoY), operating profit of ¥26,700 million (+4.5%), and profit attributable to owners of parent of ¥19,400 million (+3.3%).

• Basic EPS forecast for the full year is ¥172.85, reflecting the share split.