January 28, 2025
FY2025 3rd Quarter Consolidated Financial Results〔IFRS〕(April 1, 2025 through December 31, 2025)(English translation extracted from the original Japanese document)
Company Name: EXEDY Corporation Listing:Tokyo Stock Exchange
Code No.: 7278 URL: https://www.exedy.com Representative: Tetsuya Yoshinaga, Representative Director, President
Contact Person: Hiroshi Toyohara, Representative Director, Senior Executive Managing Officer, Executive General Manager of Corporate Strategy Promotion Headquarters
Telephone: +81-72-822-1152
Scheduled Date to commence dividend payments: -
Preparation of supplementary material on Financial Results: Yes Holding of financial results briefing: None
(Note: All amounts less than one million yen is rounded off)
Consolidated Financial Results for the 3rd Quarter of FY2025 (April 1, 2025 to December 31, 2025)
Consolidated Operating Results (cumulative) (Percentage of change from previous year)
Revenue
Operating Profit
Profit before Tax
Profit
Profit Attributable to Owners of Parent
Total
Comprehensive Income
Million Yen
%
Million Yen
%
Million Yen
%
Million Yen
%
Million Yen
%
Million Yen
%
FY2025 Q3
226,448
(3.0)
16,735
3.4
17,770
7.5
12,510
13.2
11,089
9.0
20,727
24.6
FY2024 Q3
233,383
0.6
16,183
40.4
16,525
30.9
11,054
25.1
10,175
24.0
16,629
18.9
Basic Earnings per Share
Diluted Earnings per Share
Yen
Yen
FY2025 Q3
303.39
-
FY2024 Q3
235.31
-
(Note)In the 3rd quarter of the current consolidated accounting period, the Company finalized the provisional accounting treatment for the business combination.
Consolidated Financial Position
Total Assets
Total Equity
Equity Attributable to Owners of Parent
Ratio for Equity Attributable to Owners of Parent
Million Yen
Million Yen
Million Yen
%
FY2025 Q3
FY2024
313,789
303,912
203,787
194,268
188,747
180,478
60.2
59.4
Dividends
Annual Dividends per Share
1stQuarter
2ndQuarter
3rdQuarter
Fiscal Year-end
Total
Yen
Yen
Yen
Yen
Yen
FY2024
FY2025
-
-
100.00
150.00
-
-
150.00
250.00
FY2025 (Forecast)
150.00
300.00
(Note) Revisions of dividend forecast from the most recently announced figures: None
FY2025 Consolidated Financial Forecast (April 1, 2025 to March 31, 2026)
(Percentage of change from previous year)
Revenue
Operating Profit
Income before Income Taxes
Profit Attributable to Owners of Parent
Basic Earnings Per Share
millions of yen
%
millions of yen
%
millions of yen
%
millions of yen
%
yen
FY2025
300,000
(3.1)
22,000
0.7
22,500
10.3
13,500
5.9
369.36
(Note) Revisions to the consolidated financial forecasts the most recently announced：Yes
Note : This document has been t ranslated f rom the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
※ General Notes
Significant changes in the scope of consolidation during the period: None
Changes in Accounting Policies, Accounting Estimations
①Changes in accounting policies required by IFRS ：None
② Changes in accounting policies except ①：None
③ Changes in accounting estimates ：None
(Note) For the details, refer to attachment p.11 “2. Quarterly Consolidated Financial Statements and Principal Notes (5) Notes on Quarterly Consolidated Financial Statementsâ€
FY2024 Q3 43,239,230 shares
FY2025 Q3 36,549,561 shares
FY2024 Q4 11,963,329 shares
FY2025 Q3 12,047,924 shares
FY2024 Q4 48,593,736 shares
FY2025 Q3 48,593,736 shares
Number of Outstanding Shares (Ordinary shares)
â‘ Number of shares outstanding at the end of period (including treasury shares)
â‘¡Number of treasury shares at the end of period
â‘¢Average number of ordinary shares outstanding during the period
(Note) The shares held within the ESOP trust accounts (FY2025 Q3: 59,400 shares, FY2024 Q4: 71,200 shares) are included in the number of Treasury Shares at the end of period. Furthermore, the shares held within the ESOP trust accounts are included in Treasury Shares that are deducted in the calculation of the average number of shares for the period. (FY2025 Q3: 64,720 shares, FY2024 Q3: 75,700 shares)
※ Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm :None.
※ Regarding the appropriate use of Financial forecasts and other information
The above forecast is based on the information available, or the assumptions which the company thinks reasonable as of the release of this report. Actual results might be different from the above estimates due to subsequent changes in circumstances.
Table of Contents of Attachments
Qualitative Information on Quarterly Financial Results.…………………………………………………………… 2
Explanation of Operating Results… 2
Explanation of Financial Position. 3
Explanation of Forecast of Consolidated Financial Results and Other Forward-Looking Information… 3
Quarterly Consolidated Financial Statements and Principal Notes………………………………………………... 4
Quarterly Consolidated Statement of Financial Position……………………………………………………… 4
Quarterly Consolidated Statement of Income/Consolidated Statement of Comprehensive Income …… 6
Quarterly Consolidated Statement of Changes in Equity………………………………………………….… 8
Quarterly Consolidated Statement of Cash Flows…………………………………………………………… 10
Notes on Quarterly Consolidated Financial Statements……………………………………………………… 11
(Notes for Going Concern) 11
(Change of Accounting Policy) 11
(Change in Accounting Estimate) 11
(Segment Information) 11
Qualitative Information on Quarterly Financial Results
In the 3rd quarter of the current consolidated accounting period, the Company finalized the provisional accounting treatment for the business combination.
Explanation of Operating Results
In the 3rd quarter of the current consolidated cumulative period, the revenue decreased due to the impact of foreign exchange conversion due to the appreciation of the yen compared to the 3rd quarter of the previous fiscal year and a decrease in orders at the AT business segment. In terms of profits, despite a decrease in revenue and an increase in labor costs, Operating Profit increased due to efforts to improve productivity through closing an unprofitable U.S. subsidiary in the previous fiscal year. Profit before Tax and Profit Attributable to Owners of the Parent increased due to the rise in Operating profit as well as an increase in Finance income from investment profit. The results for the 3rd quarter of the current consolidated cumulative period were, Revenue ¥ 226.4 billion (decreased by 3.0 % from the same period of the previous fiscal year), Operating Profit ¥ 16.7 billion (increased by 3.4% from the same period of the previous fiscal year), Profit before Tax ¥ 17.8 billion (increased by 7.5% from the same period of the previous fiscal year), Profit Attributable to Owners of the Parent was ¥11.1 billion (increased by 9.0% from the same period of the previous fiscal year).
The summary by type of reportable segment is as follows.
[MT (Manual Automotive Drivetrain related business)]
Revenue was ¥55.6 billion (increased by 1.5% from the same period of the previous fiscal year). Segment profit was ¥8.6 billion (increased by 9.2% from the same period of the previous fiscal year) due to an increase in revenue and inventory volume reduction efforts.
[AT (Automatic Automotive Drivetrain related business)]
Revenue was ¥141.7 billion (decreased by 6.8% from the same period of the previous fiscal year). The segment profit was ¥10.2 billion (increased by 16.6% from the same period of the previous fiscal year), despite a decrease in revenue by a decline in orders, due to efforts to improve productivity through closing an unprofitable U.S. subsidiary in the previous fiscal year and passing on the increased costs to selling prices.
[TS (Industrial machine Drivetrain operations)]
Revenue was ¥9.5 billion (decreased by 9.3% from the same period of the previous fiscal year). Segment profit was ¥1.0 billion (decreased by 24.2% from the same period of the previous fiscal year), due to a decrease in revenue.
[Others]
Revenue was ¥19.6 billion (increased by 22.3% from the same period of the previous fiscal year). Segment loss was ¥0.9 billion (¥1.0 billion Segment profit in the same period of the previous fiscal year), due to an increase in R&D expenses, despite an increase in revenue from motorcycle clutches in the India-ASEAN region.
The summary by location is as follows. [Japan]
Revenue was ¥89.6 billion (decreased by 3.5% from the same period of the previous fiscal year). This was due to
a decrease in orders received, resulting in lower revenue in the AT business. Operating Profit was ¥5.3 billion (decreased by 41.4% from the same period of the previous fiscal year), due to a decrease in revenue and an increase in labor costs.
[Americas]
Revenue was ¥34.5 billion (decreased by 21.4% from the same period of the previous fiscal year). This was due to closing an unprofitable U.S. subsidiary in the previous fiscal year and the impact of foreign exchange conversion due to the appreciation of the yen. Operating Profit was ¥25 million (¥2.1 billion Operating Loss in the same period of the previous fiscal year) due to effort for productivity improvements.
[Asia and Oceania]
Revenue was ¥93.5 billion (increased by 6.7% from the same period of the previous fiscal year). This was mainly due to an increase in revenue from motorcycle clutches in the India-ASEAN region and an increase in revenue from AT business segment in China. Operating Profit was ¥11.0 billion (increased by 20.9% from the same period of the previous fiscal year) due to an increase in revenue.
[Others]
Revenue was ¥8.8 billion (decreased by 1.7% from the same period of the previous fiscal year). Operating Profit was ¥0.4 billion (decreased by 3.1% from the same period of the previous fiscal year) due to a decrease in revenue.
Explanation of Financial Position
In terms of the assets at the end of this 3rd quarter consolidated accounting period, the total assets were ¥ 313.8 billion (¥303.9 billion at the end of the previous consolidated fiscal year), increased by ¥9.9 billion (3.2%) from the end of the previous fiscal year. The main contents are ¥2.6 billion increase in Investments accounted for using equity method, ¥2.2 billion increase in Cash and cash equivalents, ¥2.3 billion increase in Other financial assets,
¥1.1 billion increase in Trade and other receivables, ¥1.0 billion increase in Inventories, ¥0.8 billion increase Goodwill and Intangible assets, ¥0.4 billion decrease in Investments in Equity Instruments and ¥0.3 billion decrease in Tangible fixed assets.
Total liabilities were ¥110.0 billion (¥109.6 billion at the end of the previous consolidated fiscal year), increased by
¥0.4 billion (0.3%) from the end of the previous fiscal year. The main contents are ¥0.9 billion increase in Income taxes payable, ¥0.7 billion increase in Retirement benefit liability, and ¥1.6 billion decrease in corporate Bonds and borrowings.
Total equity was ¥203.8 billion (¥194.3 billion in the previous consolidated fiscal year), increased by ¥9.5 billion (4.9%) from the end of the previous fiscal year. The primary details are as follows; ¥0.4 billion decrease of treasury shares, ¥1.7 billion increase in Capital surplus, ¥5.9 billion increase in Other components of equity due to factors such as an increase in “Exchange differences on translation of foreign operations†resulting from a depreciation of the yen compared to the end of the previous consolidated fiscal year, ¥1.1 billion increase in Retained earnings (¥11.1 billion increase due to the Profit attributable to owners of the parent, and ¥11.0 billion decrease due to the Appropriation of surplus (dividend), etc.) and ¥1.3 billion increase in Non-controlling interests.
Explanation of Forecast of Consolidated Financial Results and Other Forward-Looking Information
As of today, the Company have revised the consolidated financial forecast for the fiscal year ending March 31, 2026, which was announced on October 29, 2025. For the details, please refer to the "Notice of Revision of Consolidated Financial Forecast" announced today.
This forecast is based on the premise that there will be no large-scale suspension of business activities or sharp exchange rate fluctuations. If these are expected, this forecast may be revised.
The exchange rate is assumed to be ¥151 per US dollar.
Quarterly Consolidated Financial Statements and Principal Notes
Quarterly Consolidated Statement of Financial Position
As of March 31, 2025 As of December 31, 2025
Millions of yen Millions of yen
Assets
Current assets
Cash and cash equivalents
68,160
70,314
Trade and other receivables
52,044
53,140
Other financial assets
2,722
5,004
Inventories
41,746
42,740
Other current assets
3,808
4,008
Total current assets
168,480
175,206
Non-current assets
Property, plant and equipment
107,754
107,467
Goodwill and intangible assets
3,677
4,464
Investments accounted for using equity method
1,825
4,426
Investments in Equity Instruments
5,020
4,594
Other financial assets
363
379
Deferred tax assets
14,642
14,858
Retirement benefit asset
1,431
1,454
Other non-current assets
721
941
Total non-current assets
135,432
138,582
Total assets
303,912
313,789
As of March 31, 2025 As of December 31, 2025
Millions of yen Millions of yen
Liabilities and equity Liabilities
Current liabilities
Bonds and borrowings
4,749
23,148
Trade and other payables
33,845
33,069
Other financial liabilities
675
766
Income taxes payable
1,192
2,071
Employee benefits accruals
2,592
2,649
Provisions
1,973
1,903
Other current liabilities
2,615
3,331
Total current liabilities
47,641
66,937
Non-current liabilities
Bonds and borrowings
51,543
31,589
Other financial liabilities
1,161
1,420
Retirement benefit liability
6,518
7,251
Deferred tax liabilities
24
90
Other non-current liabilities
2,757
2,714
Total non-current liabilities
62,003
43,064
Total liabilities
109,644
110,001
Equity
Share capital
8,284
8,284
Capital surplus
4,184
5,922
Treasury shares
(43,777)
(44,178)
Other components of equity
17,631
23,485
Retained earnings
194,155
195,233
Total equity attributable to owners of parent
180,478
188,747
Non-controlling interests
13,790
15,041
Total equity
194,268
203,787
Total liabilities and equity
303,912
313,789
Quarterly Consolidated Statement of Income and Consolidated Statement of Comprehensive Income (Quarterly Consolidated Statement of Income)
FY2024 3rd Quarter
(April 1, 2024 through
FY2025 3rd Quarter
(April 1, 2025 through
December 31, 2024)
December 31, 2025)
Millions of yen
Millions of yen
Revenue
233,383
226,448
Cost of sales
190,132
181,340
Gross profit
43,251
45,107
Selling, general and administrative expenses
26,841
28,600
Other income
1,097
705
Other expenses
1,324
477
Operating profit
16,183
16,735
Finance income
1,129
1,773
Finance costs
797
842
Share of profit of investments accounted for using
11
104
equity method
Profit before tax
16,525
17,770
Income tax expense
5,471
5,261
Profit
11,054
12,510
Profit attributable to
Owners of parent
10,175
11,089
Non-controlling interests
879
1,421
Profit
11,054
12,510
Earnings per share
Basic and diluted earnings per share 235.31 303.39
(Quarterly Consolidated Statement of Comprehensive Income)
FY2024 3rd Quarter (April 1, 2024 through
December 31, 2024)
FY2025 3rd Quarter (April 1, 2025 through
December 31, 2025)
Millions of yen Millions of yen
Profit 11,054 12,510
Other comprehensive income
designated as measured at fair value through (85)
other comprehensive income
134
Total of items that will not be reclassified to profit
(85)
134
Items that may be reclassified to profit or loss
Exchange differences on translation of foreign
5,656
8,081
operations
Share of other comprehensive income of
5
3
investments accounted for using equity method
Total of items that may be reclassified to profit or loss
5,661
8,083
Total other comprehensive income
5,575
8,217
Comprehensive income
16,629
20,727
Comprehensive income attributable to
Owners of parent
14,537
17,909
Non-controlling interests
2,092
2,818
Comprehensive income
16,629
20,727
Items that will not be reclassified to profit or loss Net change in fair value of equity instruments
or loss
Quarterly Consolidated Statement of Changes in Equity
Previous 3rd quarter consolidated cumulative period (April 1, 2024 through December 31, 2024)
Equity attributable to owners of parent
Other components of equity Net change in
fair value of
Share capital Capital surplus Treasury shares
Exchange differences on translation of foreign operations
equity instruments designated as measured at fair value through other comprehensiv
Total
e income
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Balance as of April 1, 2024
8,284
7,543
(3,682)
19,365
(1,091)
18,274
Profit for the period
—
—
—
—
—
—
Other comprehensive income
—
—
—
4,448
(85)
4,362
Comprehensive income
—
—
—
4,448
(85)
4,362
Purchase of treasury shares
—
(154)
(28,024)
—
—
—
Disposal of treasury shares
—
7
25
—
—
—
Dividends of surplus
—
—
—
—
—
—
Share-based remuneration transactions
—
—
—
—
—
—
Changes in ownership interest in
—
958
—
—
—
—
subsidiaries
Obtaining of control of subsidiaries
—
—
—
—
—
—
Liquidation of consolidated subsidiaries
—
—
—
—
—
—
Capital transaction with non controlling
—
—
—
—
—
—
interests
Transfer to retained earnings
—
—
—
—
—
—
Total transactions with owners
—
811
(27,999)
—
—
—
Total changes in equity
—
811
(27,999)
4,448
(85)
4,362
Balance as of December 31, 2024
8,284
8,353
(31,681)
23,813
(1,176)
22,636
Equity attributable to owners of
pa
Retained earnings
rent
Total
Non-controlling interests
Total
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Balance as of April 1, 2024
188,129
218,548
14,991
233,539
Profit for the period
10,175
10,175
879
11,054
Other comprehensive income
—
4,362
1,213
5,575
Comprehensive income
10,175
14,537
2,092
16,629
Purchase of treasury shares
—
(28,178)
—
(28,178)
Disposal of treasury shares
—
32
—
32
Dividends of surplus
(6,997)
(6,997)
(1,975)
(8,972)
Share-based remuneration transactions
—
—
—
—
Changes in ownership interest in subsidiaries
—
958
(958)
—
Obtaining of control of subsidiaries
—
—
(53)
(53)
Liquidation of consolidated subsidiaries
—
—
—
—
Capital transaction with non controlling
—
—
—
—
interests
Transfer to retained earnings
—
—
—
—
Total transactions with owners
(6,997)
(34,186)
(2,987)
(37,172)
Total changes in equity
3,177
(19,649)
(894)
(20,543)
Balance as of December 31, 2024
191,306
198,899
14,097
212,996
Current 3rd quarter consolidated cumulative period (April 1, 2025 through December 31, 2025)
Equity attributable to owners of parent
Other components of equity Net change in
fair value of
Share capital Capital surplus Treasury shares
Exchange differences on translation of foreign operations
equity instruments designated as measured at fair value through other comprehensiv
Total
e income
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Balance as of April 1, 2025
8,284
4,184
(43,777)
19,079
(1,448)
17,631
Profit for the period
—
—
—
—
—
—
Other comprehensive income
—
—
—
6,686
134
6,820
Comprehensive income
—
—
—
6,686
134
6,820
Purchase of treasury shares
—
(302)
(491)
—
—
—
Disposal of treasury shares
—
—
—
—
—
—
Dividends of surplus
—
—
—
—
—
—
Share-based remuneration transactions
—
2,040
90
—
—
—
Changes in ownership interest in
—
—
—
—
—
—
subsidiaries
Obtaining of control of subsidiaries
—
—
—
—
—
—
Liquidation of consolidated subsidiaries
—
—
—
—
—
—
Capital transaction with non controlling
—
—
—
—
—
—
interests
Transfer to retained earnings
—
—
—
—
(966)
(966)
Total transactions with owners
—
1,737
(401)
—
(966)
(966)
Total changes in equity
—
1,737
(401)
6,686
(832)
5,854
Balance as of December 31, 2025
8,284
5,922
(44,178)
25,765
(2,280)
23,485
Equity attributable to owners of
pa
Retained earnings
rent
Total
Non-controlling interests
Total
Millions of yen
Millions of yen
Millions of yen
Millions of yen
Balance as of April 1, 2025
194,155
180,478
13,790
194,268
Profit for the period
11,089
11,089
1,421
12,510
Other comprehensive income
—
6,820
1,397
8,217
Comprehensive income
11,089
17,909
2,818
20,727
Purchase of treasury shares
—
(793)
—
(793)
Disposal of treasury shares
—
—
—
—
Dividends of surplus
(10,977)
(10,977)
(2,164)
(13,141)
Share-based remuneration transactions
—
2,130
—
2,130
Changes in ownership interest in subsidiaries
—
—
—
—
Obtaining of control of subsidiaries
—
—
275
275
Liquidation of consolidated subsidiaries
—
—
(28)
(28)
Capital transaction with non controlling
—
—
349
349
interests
Transfer to retained earnings
966
—
—
—
Total transactions with owners
(10,011)
(9,641)
(1,567)
(11,208)
Total changes in equity
1,078
8,268
1,251
9,519
Balance as of December 31, 2025
195,233
188,747
15,041
203,787
Quarterly Consolidated Statement of Cash Flows
FY2024 3rd Quarter
FY2025 3rd Quarter
(April 1, 2024 through
December 31, 2024)
(April 1, 2025 through
December 31, 2025)
Millions of yen
Millions of yen
Cash flows from operating activities Profit before tax
16,525
17,770
Depreciation and amortization
10,811
10,077
Interest and dividend income
(391)
(404)
Interest expenses
534
603
Share of loss (profit) of investments accounted for
using equity method
Foreign exchange loss (gain)
(11)
9
(104)
82
Decrease (increase) in inventories
(303)
1,843
Decrease (increase) in trade and other receivables
(797)
2,112
Increase (decrease) in trade and other payables
(3,366)
(2,991)
Share-based payment expenses
—
2,079
Other
(151)
(922)
Subtotal
22,859
30,145
Interest and dividends received
463
440
Interest paid
(542)
(606)
Income taxes paid
(5,842)
(3,339)
Net cash provided by (used in) operating activities
16,938
26,641
Cash flows from investing activities
Payments into time deposits
(3,451)
(5,067)
Proceeds from withdrawal of time deposits
2,837
2,979
Purchase of property, plant and equipment
(5,510)
(5,654)
Proceeds from sale of property, plant and equipment
73
92
Purchase of intangible assets
(370)
(815)
Purchase of investment securities
(801)
(2,032)
Proceeds from sale of investment securities
—
1,707
Purchase of shares of subsidiaries resulting in change in scope of consolidation
(1,173) (155)
Purchase of investments accounted for using equity
method
(1,378)
(1,493)
Other
(176)
(35)
Net cash provided by (used in) investing activities
(9,949)
(10,474)
Cash flows from financing activities
Proceeds from short-term borrowings
7,082
2,992
Repayments of short-term borrowings
(8,200)
(3,484)
Proceeds from long-term borrowings
30,118
—
Repayments of long-term borrowings
(2,073)
(1,891)
Purchase of treasury shares
(28,247)
(926)
Dividends paid
(6,993)
(10,985)
Other
(2,443)
(2,392)
Net cash provided by (used in) financing activities
(10,754)
(16,687)
Effect of exchange rate changes on cash and cash
equivalents
1,817
2,674
Net increase (decrease) in cash and cash equivalents
(1,948)
2,154
Cash and cash equivalents at beginning of period
74,043
68,160
Cash and cash equivalents
72,095
70,314
Notes on Quarterly Consolidated Financial Statements
(Notes for Going Concern)
Not applicable
(Change in Accounting Policy)
Not applicable
(Change in Accounting Estimate)
Not applicable
(Segment Information)
Overview of Reportable Segments
The reportable segments are components of business activities for which discrete financial information is available, and such information is regularly reviewed by the Company’s Board of Directors to make decisions about the allocation of resources and assess its performance.
The Company and its consolidated subsidiaries are mainly engaged in the manufacture and sale of automotive parts. From the aspects of function, technological specification and productive structure, the product lines of the Company are classified roughly into 3 group, "Manual Transmission Parts", "Automatic Transmission Parts" and “Industrial machine Drivetrain Partsâ€. The Company, in corporation with its consolidated subsidiaries, design business strategy and conduct business for these 3 product lines inside Japan and overseas. Accordingly, the reportable segments of the Company are composed of 3 segments, "MT (Manual Automotive Drivetrain related business)" which manufactures and sells Manual Transmission Parts, "AT (Automatic Automotive Drivetrain related business)" which manufactures and sells Automatic Transmission Parts and “TS (Industrial machine Drivetrain operations)†which manufactures and sells parts for construction machinery and industrial vehicles.
In the 3rd quarter of the current consolidated accounting period, the Company finalized the provisional
accounting treatment for the business combination.
Information on Revenue, Profit and Loss by Segment and The Amount of Other Important Items Previous 3rd quarter consolidated cumulative period (April 1, 2024 to December 31, 2024)
(Million Yen)
Reportable Segment
Other (Note 1)
Adjustments (Note 4)
Consolidated
MT
AT
TS
Total
Revenue
External Customers Intersegments (Note 2)
54,814
201
152,051
394
10,493
39
217,358
633
16,026
4,128
—
(4,762)
233,383
—
Total
55,015
152,445
10,531
217,991
20,154
(4,762)
233,383
Segment Profit (Note 3)
7,914
8,753
1,338
18,005
950
(2,772)
16,183
Finance Income
1,129
Finance Costs
797
Share of profit of investments accounted for using equity method
11
Profit before Tax
16,525
(Note) 1. Others include businesses which is not part of any of the reportable segments, and contain clutches for motorcycle operation, transport operation, etc.
Amount of intersegments transactions is based on market price.
Segment profit is based on operating profit on Quarterly consolidated income statement.
Elimination of intersegment transactions and corporate expenses are included in adjustments.
Current 3rd quarter consolidated cumulative period (April 1, 2025 to December 31, 2025)
(Million Yen)
Reportable Segment
Other (Note 1)
Adjustments (Note 4)
Consolidated
MT
AT
TS
Total
Revenue
External Customers Intersegments (Note 2)
55,630
171
141,703
296
9,521
28
206,855
495
19,593
4,054
—
(4,550)
226,448
—
Total
55,802
141,999
9,549
207,350
23,647
(4,550)
226,448
Segment Profit(Loss) (Note 3)
8,645
10,204
1,014
19,863
(934)
(2,194)
16,735
Finance Income
1,773
Finance Costs
842
Share of profit of investments accounted for using equity method
104
Profit before Tax
17,770
(Note) 1. Others include businesses which is not part of any of the reportable segments, and contain clutches for motorcycle operation, transport operation, etc.
Amount of intersegments transactions is based on market price.
Segment profit is based on operating profit on Quarterly consolidated income statement.
Elimination of intersegment transactions and corporate expenses are included in adjustments.