Toyota Boshoku Corporation (3116) Q3 2025 earnings summary

Executive summary

• 3Q FY2025 revenue declined 1.7% year-over-year to ¥1,446.7 billion, mainly due to global volume decreases despite favorable foreign exchange impacts.

• Operating profit dropped 32.2% year-over-year to ¥52.0 billion, impacted by strategic human capital investments, increased overhead, and lower volumes.

• Profit attributable to owners fell 32.8% year-over-year to ¥28.3 billion; EPS was ¥158.44, down from ¥225.38.

• Comprehensive income attributable to owners was ¥40.4 billion, down from ¥49.9 billion in the prior year period.

Financial highlights

• Gross profit for the nine months was ¥150.5 billion, down from ¥162.3 billion year-over-year.

• 3Q FY2025 operating profit margin was 3.6%, down from 5.2% in the prior year.

• Net cash provided by operating activities was ¥83.8 billion, down from ¥139.4 billion in the prior year.

• Cash and cash equivalents at period end were ¥242.3 billion, down from ¥244.2 billion at the start of the period.

• Seat production volume fell 7.5% year-over-year to 6.13 million units.

Outlook and guidance

• FY2025 revenue forecast is ¥1,870.0 billion, a 4.3% decrease year-over-year.

• Operating profit forecast is ¥68.0 billion, down 14.2% year-over-year; profit attributable to owners forecast at ¥43.0 billion, down 26.5%.

• Annual dividend plan is ¥86 per share, with interim and year-end dividends of ¥43 each.

• Annual forecast remains unchanged due to external environment uncertainty; focus remains on profitability and competitiveness.

• Exchange rate assumptions: 1USD = ¥151, 1EUR = ¥164, 1THB = ¥4.3, 1CNY = ¥21.0.