Iida Group Holdings (3291) Q3 2025 earnings summary

Executive summary

• Revenue for 3Q FY2024 reached ¥1,049.9 billion, up 3.2% year-over-year, with operating profit at ¥59.9 billion, up 22.6% year-over-year, and operating profit margin improving by 0.9 percentage points year-over-year.

• Profit attributable to owners was ¥38.0 billion, up 21.9% year-over-year.

• Comprehensive profit attributable to owners of parent increased 34.9% year-over-year to ¥40,312 million.

Financial highlights

• Gross profit for 3Q FY2024 was ¥168.4 billion, up 9.4% year-over-year, with a gross margin of 16.0%.

• Basic earnings per share rose to ¥135.66 from ¥111.13 year-over-year.

• Total assets as of December 31, 2024, were ¥1,853,476 million, up from ¥1,811,179 million at the previous fiscal year-end.

• Equity attributable to owners of parent increased to ¥981,853 million, with a ratio to total assets of 53.0%.

• SG&A costs increased by ¥4.37 billion year-over-year, mainly due to higher personnel and depreciation expenses, but the SG&A-to-sales ratio remained nearly flat at 10.5%.

Outlook and guidance

• Full-year revenue forecast is ¥1,549.0 billion, with operating profit projected at ¥75.2 billion and profit attributable to owners at ¥44.0 billion.

• Basic EPS for the full year is expected at ¥156.93.

• Annual dividend forecast remains unchanged at ¥90.00 per share.