Yamazen (8051) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 1.2% year-over-year to ¥382,579 million.

• Operating profit decreased 19.8% year-over-year to ¥6,050 million, and ordinary profit fell 18.9% to ¥6,464 million.

• Profit attributable to owners of parent increased 11.8% year-over-year to ¥5,692 million.

• Comprehensive income for the period declined 31.8% year-over-year to ¥5,157 million.

Financial highlights

• Earnings per share for the nine months ended December 31, 2024, was ¥65.52, up from ¥57.32 in the prior year period.

• Total assets as of December 31, 2024, were ¥295,774 million, with net assets of ¥128,395 million and an equity ratio of 43.0%.

• Net assets per share increased to ¥1,487.27 from ¥1,480.16 as of March 31, 2024.

Outlook and guidance

• Full-year net sales forecast for the year ending March 31, 2025, is ¥510,000 million, up 0.6% year-over-year.

• Operating profit and ordinary profit are both projected at ¥10,000 million, with operating profit up 1.1% and ordinary profit down 4.2% year-over-year.

• Profit attributable to owners of parent is forecast to rise 17.1% year-over-year to ¥7,600 million, with EPS expected at ¥87.80.

• Annual dividend forecast is ¥51.00 per share, up from ¥50.00 in the previous year.