Ohashi Technica (7628) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024 rose 4.2% year-over-year to 30,225 million yen, driven by new orders in Japan and North America and yen depreciation, despite production cutbacks in Japan and China.

• Operating profit increased 23.8% year-over-year to 1,421 million yen, with improved gross margin from revised prices offsetting higher raw material costs.

• Profit attributable to owners of parent surged 110.7% year-over-year to 1,234 million yen, reflecting higher sales and margin improvements.

Financial highlights

• Gross profit for the nine months was 6,386 million yen, up from 5,706 million yen year-over-year.

• Ordinary profit rose 28.9% year-over-year to 1,815 million yen.

• Basic earnings per share for the period was 93.75 yen, up from 43.55 yen a year earlier.

• Total assets as of December 31, 2024 were 47,099 million yen, up 577 million yen from March 31, 2024.

• Net assets increased to 37,888 million yen, with an equity ratio of 79.4%.

Outlook and guidance

• Full-year net sales forecast revised to 39,800 million yen (up 1.5% year-over-year), with operating profit of 1,720 million yen (up 4.8%), ordinary profit of 2,300 million yen (up 15.4%), and profit attributable to owners of parent of 1,520 million yen (up 51.0%).

• Annual dividend forecast raised to 68.00 yen per share.