Oisix ra daichi (3182) Q3 2025 earnings summary

Executive summary

• Sales and profits rose sharply year-over-year, driven by SHIDAX consolidation and strong BtoB and BtoC subscription business performance.

• Net income surpassed the initial full-year forecast, aided by steady EBITDA and extraordinary gains from asset sales.

• Operating profit rose 37.7% to ¥5,911 million, and profit attributable to owners of parent increased 17.3% to ¥3,536 million.

• Comprehensive income for the period was ¥3,669 million, a 2.4% increase from the prior year.

Financial highlights

• Sales: JPY 193.6bn (+116% YoY); EBITDA: JPY 10.3bn (+70.2% YoY); Operating Profit: JPY 5.9bn (+37.7% YoY); Net Income: JPY 3.5bn (+17.3% YoY).

• Gross profit for the nine months was ¥57,281 million, up from ¥44,068 million year-over-year.

• Earnings per share rose to ¥99.74 from ¥82.47 year-over-year.

• Total assets as of December 31, 2024, were ¥139,968 million, with a shareholders' equity ratio of 21.5%.

• Extraordinary income from business and investment sales contributed to net income outperformance.

Outlook and guidance

• FY24 targets: JPY 255bn in sales (+72% YoY) and JPY 11bn in EBITDA (+34% YoY), both record highs.

• Operating profit is projected at ¥7,000 million (+36.6%), EBITDA at ¥11,000 million (+33.5%), and profit attributable to owners of parent at ¥3,200 million (down 22.1%).

• Earnings per share for the full year is forecast at ¥87.53.

• BtoB profit margin expected to recover from April 2025 through price optimization.