SCSK (9719) Q3 2025 earnings summary

Executive summary

• Achieved record-high net sales and operating profit for Q3 FY2024, with all sales segments exceeding first-half results and robust IT investment demand across all business segments.

• Upward revision of full-year guidance: net sales increased by ¥86 billion, operating profit by ¥4.5 billion, and profit attributable to owners of parent by ¥2 billion.

• Net sales rose 9.5% year-over-year to ¥384,840 million; operating profit increased 4.7% to ¥42,894 million; profit attributable to owners of parent grew 5.2% to ¥29,798 million.

• Acquisition of Net One Systems Co., Ltd. (79.69% stake) completed in December 2024, expanding the consolidated group and significantly boosting backlog.

Financial highlights

• Nine-month net sales rose 9.5% year-over-year to ¥384,840 million; operating profit up 4.7% to ¥42,894 million; profit attributable to owners of parent increased 5.2% to ¥29,798 million.

• Q3 (Oct–Dec) net sales up 10.9% year-over-year to ¥133,316 million; operating profit up 13.3% to ¥15,936 million.

• Basic and diluted EPS: ¥95.35 (up from ¥90.70 YoY).

• Total assets: ¥796,661 million (+69.0% from March 2024); total equity: ¥330,081 million (+9.0%).

• Cash and cash equivalents at period end: ¥88,821 million (down ¥55,538 million from March 2024).

Outlook and guidance

• Revised FY2024 net sales forecast to ¥596,000 million (+16.9%), operating profit to ¥66,500 million (+7.3%), and profit attributable to owners of parent to ¥46,500 million (+4.5%).

• Dividend per share raised by ¥3 to ¥71, maintaining a payout ratio of 47.7%.

• Merger-related expenses of approximately ¥3 billion expected in Q4.