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HORIBA, Jan-Sep (Cumulative 3Q) Ordinary Profit Increases by 10%
6856 HORIBA, Ltd. 【J-GAAP】
Earnings ReportHORIBA, Ltd. <6856> [TSE Prime] announced its financial results after the market closed on November 14th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) increased 10.5% from the same period last year, reaching 34.3 billion yen. Progress toward the full-year plan of 52.0 billion yen was 66.1%, exceeding the five-year average of 60.6%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to decrease 7.5% from the same period last year to 17.6 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit amounted to 11.8 billion yen, a 0.03% decrease compared to the same period last year. The operating profit margin decreased from 15.4% in the same period last year to 14.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 200,679 | 28,499 | 29,089 | 26,972 | 638.3 | 60.3 | Nov 13, 2023 | J-GAAP |
| Jan - Sep, 2024 | 215,879 | 29,904 | 31,111 | 19,915 | 473.7 | 62.0 | Nov 13, 2024 | J-GAAP |
| Jan - Sep, 2025 | 230,245 | 33,515 | 34,370 | 24,096 | 574.0 | 66.1 | Nov 14, 2025 | J-GAAP |
| YoY | +6.7% | +12.1% | +10.5% | +21.0% | +21.2% |
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 | 174,649 | 29,725 | 30,904 | 20,443 | 486.5 | 190 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 186,057 | 30,107 | 29,471 | 20,141 | 479.6 | 210 | Aug 7, 2025 | J-GAAP |
| YoY | +6.5% | +1.3% | -4.6% | -1.5% | -1.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 290,558 | 47,296 | 48,251 | 40,302 | 953.7 | 290 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 317,369 | 48,340 | 50,170 | 33,591 | 799.4 | 270 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 335,000 | 52,000 | 52,000 | 36,000 | 857.2 | 290 | May 15, 2025 | J-GAAP |
| YoY | +5.6% | +7.6% | +3.6% | +7.2% | +7.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 73,159 | 11,289 | 11,845 | 6,767 | 161.0 | 15.4 | Nov 13, 2024 | J-GAAP |
| Oct - Dec, 2024 | 101,490 | 18,436 | 19,059 | 13,676 | 325.5 | 18.2 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 71,877 | 11,755 | 11,629 | 8,113 | 193.4 | 16.4 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 77,066 | 10,138 | 10,900 | 7,746 | 184.6 | 13.2 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 81,302 | 11,622 | 11,841 | 8,237 | 196.2 | 14.3 | Nov 14, 2025 | J-GAAP |
| YoY | +11.1% | +2.9% | 0.0% | +21.7% | +21.9% |
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