Pola Orbis Holdings Inc. TSE:4927
Pola Orbis : Summary of Financial Results for Fiscal 2025 Nine Months
Source: MarketScreener
Summary of Financial Results
For the Nine Months of the Fiscal Year Ended December 31, 2025 (Consolidated)
These financial statements have been prepared in accordance with accounting principles and practices generally accepted in Japan. The following English translation is based on the original Japanese-language document.
Listing: Tokyo Stock Exchange, Prime Market (Code No.: 4927) URL: https://www.po-holdings.co.jp/
Representative: Yoshikazu Yokote, Representative Director And President Contact: Naoki Kume, Director, Finance
Start of Cash Dividend Payment:
Supplemental Materials Prepared for Financial Results: Conference Presentation for Financial Results:
November 7, 2025
Tel: +8l-3-3563-5517
Yes
Yes(for analysts)
-
Consolidated Performance for the Nine Months of Fiscal 2025
(January 01, 2025-September 30, 2025)
-
Consolidated Operating Results
(Amounts less than one million yen have been truncated)
Net Sales
Operating Income
Ordinary Income
Profit Attributable to Owners of Parent
(Percentage figures indicate year-on-year change)
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
FY2025 Nine Months
125,002
(0.3)
11,952
10.5
11,224
(4.3)
7,652
10.1
FY2024 Nine Months
125,395
(1.1)
10,817
(9.2)
11,725
(20.9)
6,948
(25.2)
Note: Comprehensive income: ¥8,172 million (-23.3%) for the nine months ended September 30, 2025;
¥6,626 million (-18.5%) for the nine months ended September 30, 2024
Net Income Per Share
Diluted Net Income Per Share g g
FY2025 Nine Months
Yen
34.58
e
34.55
FY2024 Nine Months 31.41 31.37
-
Consolidated Financial Position
Total Assets
Net Assets
Equity Ratio
Net Assets Per Share
Millions of yen Millions of yen %
FY2025 Third Quarter 193,447 161,572 83.4
FY2024 200,320 164,916 82.2
Reference: Equity capital: FY2025 Third Quarter: ¥l6l,3l3 million; FY2024: ¥164,656 million
Annual Cash Dividends Per Share
-
Consolidated Operating Results
-
Dividends
Ql-end
Q2-end
Q3-end
Year-end
Total
FY2024
Yen
-
Yen
21.00
Yen
-
Yen
31.00
Yen
52.00
FY2025
-
21.00
-
FY2025 (Forecast)|
|
|
|
31.00 |
52.00
Note: Revisions to the cash dividends forecast announced most recently: none
Yen
729.04
744.16
-
Consolidated Performance Forecast for Fiscal Year Ended December 31, 2025
(January 01, 2025-December 31, 2025)
(Percentage figures indicate year-on-year change)
Net Sales
Profit Operating Income Ordinary Income Attributable to
Owners of Parent
Net Income
Per Share
Millions of yen
174,000
% Millions of yen % Millions of yen % Millions of yen %
Full year
2.1 14,500 5.0 14,700 8.6 8,500 8.5
Yen
38.42
Note: Revisions to the consolidated performance forecast announced most recently: none
Notes to Summary Information
Changes in significant subsidiaries during the current period
(Changes in specific subsidiaries resulting in changes in the scope of consolidation)
: None
None
Application of special accounting methods for the preparation of the quarterly consolidated financial, statements
Changes in accounting policies, accounting estimates, and restatement
Changes in accounting policies associated with revision of accounting standards
Changes other than (3)- l)
Changes in accounting estimates
Restatements
Number of shares issued and outstanding (common stock)
Number of shares issued and outstanding at the end of each period (including treasury stock) At September 30, 2025 229,136,156 shares
At December 31, 2024 229,136,156 shares
Number of shares of treasury stock at the end of each period
At September 30, 2025 7,869,047 shares
At December 31, 2024 7,870,726 shares
Average number of shares issued and outstanding in each period Nine months ended September 30, 2025 221,267,756 shares
Nine months ended September 30, 2024 221,256,118 shares
:Yes
: None
: None
: None
Note: The number of shares of treasury stock at the end of each period includes the Company's shares held by the officer compensation Board Incentive Plan (BIP) trust (344,910 shares at September 30, 2025, 344,998 shares at December 31, 2024). The number of shares of treasury stock deducted in the calculation of average number of shares outstanding during each period includes the Company's shares held by BIP trust (343,946 shares in the nine months ended September 30, 2025, 273,482 shares in the nine months ended September 30, 2024).
Information Regarding Review Procedures
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:
Explanation of Appropriate Use of Performance Forecast and Other Special Items
: None
This report contains projections of performance and other projections based on information currently available and certain assumptions judged to be reasonable. Actual performance may differ materially from these projections resulting from changes in the economic environment and other risks and uncertainties. For performance projections, please refer to "1. Qualitative Information on Consolidated Performance for the Nine Months of Fiscal 2025 (3) Explanation of Consolidated Performance Forecast and Other Predictive Information" on page 5.
tly: none
Table of Contents
Qualitative information on Consolidated Performancefor the line Months of Fiscal 202$. 2
Explanation of Consolidated Operating Results 2
Explanation of Consolidated Financial Position .................................................................. 4
Explanation of Consolidated Performance Forecast and Other Predictive Information 5
Quarterly Consolidated Financial Statements ........................................................................ 6
Consolidated Balance Sheets 6
Consolidated Statements of Income and Consolidated Statements of Comprehensive Income 8
Notes to Consolidated Financial Statements 10
(Going concern Assumptions) 10
(Significant Changes in Shareholders' Equity) 10
(Changes in Accounting Policies ) 10
(Consolidated Statements of Cash Flows) 10
(Segment Information) 11
(Subsequent Events) 12
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1
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Qualitative Information on Consolidated Performance for the Nine Months of Fiscal 2025
- Explanation of Consolidated Operating Results
During the nine months of fiscal 2025 (January l-September 30, 2025), the Japanese economy continued to show a moderate recovery, despite the impact of U.S. trade policies and other factors, primarily on the automotive industry. Backed by a gradual recovery in the real wage income of employees and improvements to consumer sentiment, there are signs of recovery in personal consumption.
In the domestic cosmetics market, the post-COVID-19 recovery has plateaued, and recent growth has been moderate. Inbound demand also saw a reversal reaction from the previous year's high growth, but the current level exceeds that of the previous year. In the Chinese market, although various policy measures are becoming effective, the economy has remained stagnant.
Within this market environment, as part of its medium-term management plan (from 2024 through 2026) that started in 2024, the POLA ORBIS Group (the "Group") implemented four business growth strategies, namely, "strengthen the customer base in the domestic business to achieve sustainable growth and improve profitability,""further grow the overseas business and establish business bases in new markets," "achieve profitability through growth in brands under development, contributing to sustainable earnings," and "enhance the brand portfolio and expand business domains." At the same time, in an effort to sustainably strengthen the management foundations that will support these strategies, the Group has worked to "strengthen R&D capabilities for new value creation" and "strengthen sustainability combining the resolution of social issues with uniqueness."
Consolidated net sales for the nine months of fiscal 2025 decreased 0.3% year on year to ¥125,002 million, due mainly to a decrease in sales revenue from the flagship POLA brand. Operating income increased 10.5% year on year to ¥11,952 million mainly due to a reduction in selling, general and administrative expenses, despite a decrease in gross profit from lower net sales, while ordinary income decreased 4.3% year on year to ¥11,224 million due to foreign exchange losses. As a result of the factors noted above and a decrease in income taxes - deferred following the resolution to liquidate a subsidiary, profit attributable to owners of parent increased 10.1% year on year to ¥7,652 million.
Operating Results Overview
Nine Months Ended September 30
(Millions of yen)
Net Sales Operating Income Ordinary Income
Profit Attributable to Owners of Parent
2024
¥125,395 10,817
11,725
¥6,948
2025 ¥125,002 11,952 11,224 ¥7,6522
Year-on-Year
Amount Change Percent Change (%)
¥(392) (0.3)
1,134 10.5
(500) (4.3)
¥703 10.1
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Operating Results by Segment
Net Sales (Segment Sales to External Customers)
Nine Months Ended September 30
(Millions of yen)
2024 2025Year-on-Year
Amount Change Percent Change (%)
Beauty Care | ¥121,487 | ¥120,411 | ¥(1,076) | (0.9) |
Real Estate | 1,577 | 2,238 | 661 | 42.0 |
Others | 2,330 | 2,352 | 21 | 0.9 |
Total | ¥125,395 | ¥125,002 | ¥(392) | (0.3) |
Segment Profit (Loss) (Operating Income (Loss))
Nine Months Ended September 30
(Millions of yen)
2024
2025Year-on-Year
Amount Change Percent Change (%)
Beauty Care Real Estate Others
Reconciliations of Segment Profit (Note)
¥11,731 ¥11,855 ¥123 10
55 375 319 5724
189 125 (64) (34.1)(1,159) (403) 756 -
Total ¥10,817 ¥11,952 ¥1,134 10 5
Note: Reconciliations of segment profit refer to elimination of profits arising from inter-company transactions and expenses not allocated to reportable segments. Please see note 2 in "1. Information about Net Sales and Profit (Loss) by Reportable Segment" on page 11 and 12 for the details of reconciliations of segment income during the period.
Beauty Care
The Beauty Care segment consists of the flagship brands POLA and ORBIS, the overseas brand Jurlique, and the brands under development DECENCIA, THREE and FUJIMI.
POLA is working to establish a business base to return to a growth trajectory. In the domestic business, we are working to accelerate sales growth among stores on a growth track in the consignment sales channel and achieve further business growth in other sales channels. Communications centered on our renewed skincare products from the premium series, B.A, which were launched in September, contributed an increase in sales among existing customers. However, overall performance in the domestic business fell below that of the previous year mainly due to the impact of a decline in the number of customers resulting from the reduction in the number of stores. In the overseas business, we are continuing to establish our brand presence in China, our priority market, by expanding contact points with high-prestige customers and strengthening CRM. However, due to the continued impact of the economic slowdown in some areas of Asia, particularly in China, the overall performance of the overseas business fell below that of the previous year. As a result, POLA brand net sales and operating income decreased year on year.
ORBIS is proceeding with initiatives that focus on customer retention and higher lifetime value as it aims for an even higher profit structure. In the domestic business, high-value-added products such as ORBIS THE CLEANSING OIL, which was launched in May, performed well. In the dire‹ttysglling
Jurlique continues to work toward business growth in the markets of Asia, mainly in Australia and in China. In Australia, the home country of the brand, although the performance of e-commerce and directly operated retail store channels exceeded those of the previous year, sales in the department store channel were sluggish. In China, the effects