Nihon Dengi (1723) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, increased by 4.6% year-over-year to ¥26,173 million.

• Operating profit rose 46.7% year-over-year to ¥5,753 million, and ordinary profit increased 46.3% to ¥5,909 million.

• Profit attributable to owners of parent grew 41.8% year-over-year to ¥3,899 million.

Financial highlights

• Gross profit rose to ¥11,397 million from ¥9,054 million year-over-year.

• Earnings per share for the nine months was ¥244.89, up from ¥172.27 in the prior year period.

• Comprehensive income increased to ¥4,320 million from ¥3,188 million year-over-year.

• Total assets as of December 31, 2024, were ¥47,631 million, up from ¥46,021 million as of March 31, 2024.

• Net assets increased to ¥37,269 million, with an equity ratio of 78.2%.

Outlook and guidance

• Full-year net sales forecasted at ¥42,500 million, a 9.3% year-over-year increase.

• Operating profit projected at ¥7,500 million (up 20.0%), ordinary profit at ¥7,600 million (up 20.2%), and profit attributable to owners of parent at ¥5,300 million (up 13.4%).

• Full-year earnings per share forecasted at ¥332.85.

• Year-end dividend forecast at ¥108.00 per share, with total annual dividend at ¥184.00 per share.