Financial Results of FY2025 May 13, 2026 MARUWA CO., LTD.（5344）
Disclaimer
This material is not aimed at recommending any investment.
There are forward-looking statements based on current assumptions. Actual results may differ by changes of the environment.
FY2025 Increase/Decrease from last year | FY2024 | ||
Net sales | 74,476 | ＋3.7% | 71,849 |
Operating profit | 24,976 | △7.2% | 26,914 |
Ordinary profit | 26,321 | △2.6% | 27,033 |
Net profit | 18,163 | △5.6% | 19,242 |
（Unit: Million; Currency: YEN）
In Q4, both net sales and operating profit reached record quarterly highs.
Supported by growing tele-communication and semiconductor demand, we expect further growth in FY2026.
FY23 FY24 FY25
30,000
50%
25,000
40%
20,000
15,000
10,000
5,000
30%
20%
10%
0
FY23 1Q 2Q 3Q 4Q
FY24 1Q 2Q 3Q 4Q
0%
FY25 1Q 2Q 3Q 4Q
Net sales | 12,722 | 15,341 | 16,962 | 16,537 | 16,243 | 18,579 | 18,319 | 18,708 | 17,256 | 15,859 | 19,110 | 22,251 |
Operating profit | 3,530 | 5,118 | 5,744 | 5,408 | 5,640 | 7,148 | 6,944 | 7,179 | 6,002 | 4,841 | 6,281 | 7,852 |
Operating profit % | 27.7% | 33.4% | 33.9% | 32.7% | 34.7% | 38.5% | 37.9% | 38.4% | 34.8% | 30.5% | 32.9% | 35.3% |
（Unit: Million; Currency: YEN）
Tele-communication: Mass production for a successor model related to next-generation high-speed communications has started to ramp up significantly. Automobile: Demand for new energy vehicles is recovering from soft market conditions in the first half. SPE: Although there had been a delay in the recovery of general-purpose memory, recovery is steadily improving. | ||||
FY2025 4Q(Jan.~Mar.) YoY | FY2024 4Q | |||
Telecommunication | 107 | ＋45% | 74 | |
Automobile | 37 | △10% | 41 | |
SPE | 25 | △4% | 26 | |
Industrial equipment | 18 | △5% | 19 | |
Lighting | 35 | ＋25% | 28 | |
- Sales amount by market
- By market
14.9%
10.1%
39.4%
13.8%
21.8%
FY2024 4Q15.8%
8.1%
48.2%
11.3%
16.7%
FY2025 4Q TelecommunicationAutomobile
SPE
Industrial equipment
Lighting
※ The above figures are preliminary. Amounts are rounded to the nearest 100 million. （Unit: 100 million; Currency: YEN）
We have set a cautious outlook, taking into account geopolitical risks such as the situation in the Middle East.FY total YoY | 1H YoY | 2H YoY | ||||
Net sales | 84,100 | ＋12.9% | 39,400 | ＋19.0% | 44,700 | ＋8.1% |
Operating profit | 29,700 | ＋18.9% | 13,500 | ＋24.5% | 16,200 | ＋14.6% |
Operating profit % | 35.3% | - | 34.3% | - | 36.2% | - |
（Unit: Million; Currency: YEN） ※Exchange assumption: 1 dollar = 153 yen