Sincere Co.,LTD. FY2025 Q3 Earnings Report | IR Tracker

Sincere Co.,LTD. FY2025 Q3 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥5.42B
Operating Income: ¥395M
Net Income: ¥247M
EPS: ¥38.16

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥5.42B	¥4.84B	+11.8%
Cost of Sales	¥3.65B	¥3.27B	+11.4%
Gross Profit	¥1.77B	¥1.57B	+12.8%
SG&A Expenses	¥1.38B	¥1.19B	+15.7%
Operating Income	¥395M	¥380M	+3.9%
Non-operating Income	¥16M	¥12M	+39.3%
Non-operating Expenses	¥32M	¥36M	-13.6%
Ordinary Income	¥379M	¥355M	+6.8%
Profit Before Tax	¥380M	¥355M	+6.9%
Income Tax Expense	¥133M	¥127M	+4.8%
Net Income	¥247M	¥229M	+8.1%
Net Income Attributable to Owners	¥247M	¥221M	+11.8%
Total Comprehensive Income	¥143M	¥195M	-26.7%
Interest Expense	¥17M	¥12M	+45.9%
Basic EPS	¥38.16	¥34.70	+10.0%
Diluted EPS	¥38.15	¥34.69	+10.0%
Dividend Per Share	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥4.90B	¥4.62B	+¥284M
Cash and Deposits	¥1.88B	¥1.89B	¥-6M
Accounts Receivable	¥1.05B	¥1.05B	+¥3M
Inventories	¥1.23B	¥984M	+¥251M
Non-current Assets	¥765M	¥881M	¥-116M

Profitability Ratios

Item	Value
Net Profit Margin	4.6%
Gross Profit Margin	32.7%
Current Ratio	214.9%
Quick Ratio	160.7%
Debt-to-Equity Ratio	1.03x
Interest Coverage Ratio	22.92x
Effective Tax Rate	35.0%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+11.8%
Operating Income YoY Change	+3.9%
Ordinary Income YoY Change	+6.9%
Net Income Attributable to Owners YoY Change	+11.6%
Total Comprehensive Income YoY Change	-26.8%

Item	Value
Shares Outstanding (incl. Treasury)	6.86M shares
Treasury Stock	329K shares
Average Shares Outstanding	6.48M shares
Book Value Per Share	¥426.11

Dividend Information

Item	Amount
Q2 Dividend	¥0.00
Year-End Dividend	¥19.00

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥7.29B
Operating Income Forecast	¥483M
Ordinary Income Forecast	¥416M
Net Income Attributable to Owners Forecast	¥271M
Basic EPS Forecast	¥41.85
Dividend Per Share Forecast	¥17.00