Nichiha (7943) Q3 2025 earnings summary

Executive summary

• Consolidated/net sales for the nine months ended March/December 2024/2025 rose 4.0% year-over-year to ¥112,155 million.

• Operating income/profit declined 27.2% year-over-year to ¥5,585 million.

• Net income attributable to shareholders/owners of parent dropped 33.0% year-over-year to ¥3,767 million.

• Comprehensive income decreased significantly to ¥3,363 million from ¥11,669 million year-over-year.

• Domestic sales were flat, while overseas sales, especially in the US and China, grew 20.0%.

Financial highlights

• Q3 FY2025 revenue was ¥39,135 million, down 0.7% year-over-year; cumulative nine-month revenue was ¥112,155 million, up 4.0%.

• Gross profit rose slightly to ¥38,494 million from ¥38,212 million year-over-year.

• Selling, general and administrative expenses increased to ¥32,908 million from ¥30,541 million year-over-year.

• Earnings per share for the nine months were ¥108.82, down from ¥155.31 year-over-year.

• Net income for Q3 was ¥1,937 million, down 15.3% year-over-year; cumulative net income was ¥3,767 million, down 33.0%.

Outlook and guidance

• Full-year revenue/net sales forecast revised to ¥148,500 million, up 4.0% year-over-year.

• Full-year operating income forecast set at ¥7,000 million.

• Full-year net income forecast at ¥4,500 million.

• Full-year earnings per share forecast at ¥129.03.

• Annual dividend forecast maintained at ¥114.00 per share.