Nisshinbo (3105) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended September 30, 2025, rose 4.2% year-over-year to ¥364,568 million, driven by strong performance in Wireless and Communications and Real Estate, despite declines in Micro Devices.

• Operating profit surged 381.7% year-over-year to ¥18,868 million, with ordinary profit up 155.2% to ¥21,311 million and profit attributable to owners of parent up 368.2% to ¥13,824 million.

Financial highlights

• Gross profit increased to ¥87,202 million from ¥72,656 million year-over-year.

• Basic earnings per share for the nine months was ¥88.44, up from ¥18.79 year-over-year.

• Total assets decreased to ¥632,522 million as of September 30, 2025, from ¥680,112 million at the previous year-end.

• Equity-to-asset ratio improved to 43.1% from 39.7% at the previous year-end.

Outlook and guidance

• Full-year 2025 forecast: net sales of ¥506,000 million (up 2.3% year-over-year), operating profit of ¥19,700 million (up 18.8%), ordinary profit of ¥21,600 million (down 11.5%), and profit attributable to owners of parent of ¥11,000 million (up 7.0%).

• No changes to the previously announced earnings forecast.