Note: This document has been translated from 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.
Consolidated Financial Results
for the Three Months Ended June 30, 2025 [Japanese GAAP]
August 7, 2025
Company name: Neturen Co., Ltd. Listing: Tokyo Stock Exchange Securities code: 5976
URL: https://www.k-neturen.co.jp/
Representative: Katsumi Omiya , Representative Director, Member of the Board and President Inquiries: Hideaki Shinohara , General Manager, Accounting Department, Administrative Headquarters Telephone: +81-3-3443-5441
Scheduled date to commence dividend payments: -
Preparation of supplementary material on financial results: None Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
Consolidated Financial Results for the Three Months Ended June 30, 2025 (April 1, 2025 to June 30, 2025)
Consolidated Operating Results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Three months ended
June 30, 2025
June 30, 2024
Millions of yen
13,089
13,975
%
(6.3)
0.1
Millions of yen
174
394
%
(55.9)
45.6
Millions of yen
301
679
%
(55.6)
21.3
Millions of yen
160
374
%
(57.1)
35.3
(Note) Comprehensive income:
Three months ended June 30, 2025:
¥
(1,276) million
[
-%]
Three months ended June 30, 2024:
¥
1,792 million
[
113.8%]
Basic earnings per share
Diluted earnings per share
Three months ended
Yen
Yen
June 30, 2025
4.69
-
June 30, 2024
10.37
-
Consolidated Financial Position
Total assets
Net assets
Capital adequacy ratio
As of
June 30, 2025
March 31, 2025
Millions of yen
82,722
83,760
Millions of yen
64,060
66,329
%
69.3
71.1
(Reference) Equity: As of June 30, 2025: ¥ 57,308 million
As of March 31, 2025: ¥ 59,540 million
Dividends
Annual dividends
1st quarter-end
2nd quarter-end
3rd quarter-end
Year-end
Total
Fiscal year ended March 31, 2025
Fiscal year ending March 31, 2026
Yen
-
-
Yen
25.00
Yen
-
Yen
26.00
Yen
51.00
Fiscal year ending March 31, 2026
(Forecast)
33.00
-
34.00
67.00
(Note) Revision to the forecast for dividends announced most recently: None
Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2026(April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Six months ending September 30, 2025 | Millions of yen 27,000 58,000 | % (6.9) | Millions of yen 300 1,600 | % (64.9) | Millions of yen 500 2,100 | % (56.7) | Millions of yen 300 1,300 | % (51.2) | Yen 8.75 |
Full year | 0.8 | (1.1) | (9.5) | (28.4) | 37.91 | ||||
(Note) Revision to the financial results forecast announced most recently: | None | |
* Notes: | ||
(1) Significant changes in the scope of consolidation during the period: | Yes | |
Newly included: １ (Company name: Dohken Co., Ltd. Excluded: - (Company name: | ) ) |
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares): June 30, 2025: 34,495,400 shares
March 31, 2025: 34,495,400 shares
Number of treasury shares at the end of the period:
June 30, 2025: 479,100 shares
March 31, 2025: 202,180 shares
Average number of shares outstanding during the period:
Three months ended June 30, 2025: 34,196,735 shares
Three months ended June 30, 2024: 36,077,072 shares
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None
Proper use of earnings forecasts, and other special matters (Notes on forward-looking statements, etc.)
The forward-looking statements contained in this document are based on judgments made in accordance with information available at the time of the release of this document and include many uncertain factors. Actual results may differ from these forecasts due to changes in business conditions and other factors.
For the assumptions used for the financial results forecast as well as precautions regarding the use of such forecast, please refer to "1. Qualitative Information on Quarterly Financial Results (3) Explanation Regarding Consolidated Financial Results Forecast and Other Forward-looking Information" on page 3 of the Attachments (Japanese version only).
Quarterly Consolidated Financial Statements Quarterly Consolidated Balance Sheet
(Millions of yen)
As of March 31, 2025
As of June 30, 2025
Assets
Current assets
Cash and deposits 19,143 17,184
Notes and accounts receivable - trade, and contract assets | 11,640 | 12,203 |
Electronically recorded monetary claims -operating | 3,605 | 3,761 |
Securities | 269 | 254 |
Merchandise and finished goods | 1,541 | 1,296 |
Work in process | 1,967 | 2,583 |
Raw materials and supplies | 3,623 | 3,636 |
Other | 3,227 | 1,648 |
Allowance for doubtful accounts | (234) | (241) |
Total current assets | 44,785 | 42,328 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 8,034 | 8,368 |
Machinery, equipment and vehicles, net | 5,879 | 5,786 |
Land | 9,909 | 10,111 |
Construction in progress | 1,783 | 2,190 |
Other, net | 690 | 681 |
Total property, plant and equipment | 26,297 | 27,139 |
Intangible assets | ||
Leasehold interests in land | 982 | 923 |
Goodwill | - | 924 |
Other | 85 | 114 |
Total intangible assets | 1,067 | 1,962 |
Investments and other assets | ||
Investment securities | 9,857 | 9,596 |
Long-term loans receivable | 20 | 22 |
Retirement benefit asset | 244 | 240 |
Other | 1,564 | 1,508 |
Allowance for doubtful accounts | (77) | (77) |
Total investments and other assets | 11,610 | 11,291 |
Total non-current assets | 38,975 | 40,393 |
Total assets | 83,760 | 82,722 |
(Millions of yen)
As of March 31, 2025
As of June 30, 2025
Liabilities
Current liabilities
Notes and accounts payable - trade | 3,337 | 3,969 |
Electronically recorded obligations - operating | 2,125 | 2,116 |
Short-term borrowings | 1,947 | 2,057 |
Income taxes payable | 389 | 162 |
Provision for bonuses | 646 | 422 |
Provision for bonuses for directors (and other officers) | 17 | 24 |
Provision for share awards for directors (and other officers) | 7 | 10 |
Other | 2,734 | 3,953 |
Total current liabilities | 11,205 | 12,718 |
Non-current liabilities
Long-term borrowings 4,846 4,472
Provision for share awards for directors (and other officers) | 8 | 12 |
Retirement benefit liability | 80 | 120 |
Other | 1,290 | 1,338 |
Total non-current liabilities | 6,225 | 5,943 |
Total liabilities | 17,431 | 18,661 |
Net assets | ||
Shareholders' equity | ||
Share capital | 6,418 | 6,418 |
Capital surplus | 1,714 | 1,714 |
Retained earnings | 43,850 | 43,119 |
Treasury shares | (197) | (497) |
Total shareholders' equity | 51,785 | 50,754 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 2,528 | 2,480 |
Foreign currency translation adjustment | 4,815 | 3,671 |
Remeasurements of defined benefit plans | 411 | 402 |
Total accumulated other comprehensive income | 7,755 | 6,554 |
Non-controlling interests | 6,788 | 6,752 |
Total net assets | 66,329 | 64,060 |
Total liabilities and net assets | 83,760 | 82,722 |
Quarterly Consolidated Statements of Income and Comprehensive Income
For the three months ended June 30, 2025
For the three months ended June 30, 2024
(Millions of yen)
For the three months ended June 30, 2025
Net sales 13,975 13,089
Cost of sales 11,394 10,647
Gross profit 2,580 2,442
Selling, general and administrative expenses 2,185 2,267
Operating profit 394 174
Non-operating income
Interest income 21 13
Dividend income 125 67
Share of profit of entities accounted for using equity method
32 52
Foreign exchange gains 65 -
Other 59 52
Total non-operating income 303 184
Non-operating expenses
Interest expenses 14 23
Foreign exchange losses - 32
Other 4 1
Total non-operating expenses 18 57
Ordinary profit 679 301
Extraordinary income
Gain on sale of non-current assets 10 1
Insurance claim income 1 -
Subsidy income 3 0
Other 0 -
Total extraordinary income 15 2
Extraordinary losses
Loss on sale of non-current assets - 0
Loss on retirement of non-current assets 5 19
Total extraordinary losses 5 19
Profit before income taxes 689 285
Income taxes 227 83
Profit 462 201
Profit attributable to
Profit attributable to owners of parent 374 160
Profit attributable to non-controlling interests 88 41
Other comprehensive income
Valuation difference on available-for-sale securities 168 (1)
Foreign currency translation adjustment 1,022 (1,156)
Remeasurements of defined benefit plans, net of tax (9) (9)
Share of other comprehensive income of entities accounted for using equity method
148 (310)
Total other comprehensive income 1,330 (1,477)
Comprehensive income 1,792 (1,276) Comprehensive income attributable to
Comprehensive income attributable to owners of parent
Comprehensive income attributable to non-controlling interests
1,461 (1,040)
331 (235)