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Ultrafabrics, Jul-Sep (3Q) Net Income Increases by 3.1 times
4235 Ultrafabrics Holdings Co.,Ltd. 【IFRS】
Earnings ReportUltrafabrics Holdings Co.,Ltd. <4235> [TSE Std] announced its financial results (based on IFRS) after the market closed on November 14th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending December 2025 (January to September) significantly dropped 55.9% from the same period last year to 559 million yen. Progress toward the full-year plan of 600 million yen was 93.2%, also surpassing the five-year average of 68.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the October to December period (4Q) is expected to significant drop 89.0% from the same period last year to 41 million yen.
In the most recent three-month period, from July to September (3Q), the consolidated net income surged 3.1 times that of the same period last year, reaching 362 million yen. However, the operating profit margin decreased from 11.0% in the same period last year to 10.0%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 15,771 | 2,943 | 2,572 | 1,623 | 95.9 | 88.9 | Nov 14, 2023 | IFRS |
| Jan - Sep, 2024 | 15,366 | 2,173 | 1,773 | 1,268 | 68.8 | 78.0 | Nov 14, 2024 | IFRS |
| Jan - Sep, 2025 | 15,413 | 1,194 | 839 | 559 | 30.1 | 104.9 | Nov 14, 2025 | IFRS |
| YoY | +0.3% | -45.1% | -52.7% | -55.9% | -56.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 9,886 | 1,171 | 752 | 489 | 26.5 | 39 | Feb 14, 2025 | IFRS |
| Jul - Dec, 2025 Guidance | 10,808 | 836 | 410 | 403 | 16.2 | 39 | Aug 14, 2025 | IFRS |
| YoY | +9.3% | -28.6% | -45.5% | -17.6% | -39.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 21,045 | 3,546 | 2,892 | 2,375 | 129.6 | 39 | Feb 14, 2024 | IFRS |
| Dec, 2024 | 20,296 | 2,799 | 2,274 | 1,640 | 89.0 | 39 | Feb 14, 2025 | IFRS |
| Dec, 2025 Guidance | 20,900 | 1,500 | 800 | 600 | 24.1 | 39 | Aug 14, 2025 | IFRS |
| YoY | +3.0% | -46.4% | -64.8% | -63.4% | -72.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 4,956 | 545 | 251 | 117 | 6.4 | 11.0 | Nov 14, 2024 | IFRS |
| Oct - Dec, 2024 | 4,930 | 626 | 501 | 372 | 20.2 | 12.7 | Feb 14, 2025 | IFRS |
| Jan - Mar, 2025 | 4,947 | 371 | 186 | 112 | 6.0 | 7.5 | May 15, 2025 | IFRS |
| Apr - Jun, 2025 | 5,145 | 293 | 204 | 85 | 4.6 | 5.7 | Aug 14, 2025 | IFRS |
| Jul - Sep, 2025 | 5,321 | 530 | 449 | 362 | 19.5 | 10.0 | Nov 14, 2025 | IFRS |
| YoY | +7.4% | -2.8% | +78.9% | +209.4% | +206.5% |
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