KOA Corporation (6999) Q3 2026 earnings summary

Executive summary

• Net sales for Q3 FY03/26 reached ¥18.5 billion, up 16.4% year-over-year and 3.7% sequentially.

• Cumulative net sales for the nine months ended December 31, 2025, were ¥53.1 billion, up 11.2% year-over-year, driven by recovery in industrial equipment and strong demand in automotive and AI-related markets.

• Operating profit surged to ¥1.8 billion in Q3, a 123.4% increase year-over-year, and cumulative operating profit for the nine months was ¥3.1 billion, up 452.2% year-over-year.

• Profit attributable to owners rose to ¥2.0 billion in Q3, up 92.6% year-over-year, and cumulative profit attributable to owners was ¥3.2 billion, up 572.8% year-over-year.

• Comprehensive income for the nine months reached ¥7,871 million, up from ¥2,933 million in the prior year period.

Financial highlights

• Gross profit increased to ¥16,656 million from ¥13,402 million year-over-year.

• Ordinary profit rose to ¥4,079 million, a 360.4% increase year-over-year.

• Earnings per share for the period were ¥85.17, up from ¥12.67 in the prior year.

• Total assets as of December 31, 2025, were ¥148,528 million, up ¥7,163 million from March 31, 2025.

• Equity ratio improved to 57.2% from 55.3% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast revised to ¥71,400 million, up 11.4% year-over-year.

• Operating profit forecast for the full year is ¥3,710 million, up 215.4% year-over-year.

• Profit attributable to owners of parent projected at ¥3,410 million, up 286.8% year-over-year.

• FY03/26 forecast assumes an exchange rate of 1 USD = 154 JPY for Jan–Mar.

• Exchange rate sensitivity: ¥1 fluctuation in USD/JPY impacts net sales by ¥210 million and operating profit by ¥130 million.