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.
Summary of Consolidated Financial Results for the Three Months Ended June 30, 2025 (Under Japanese GAAP)
August 8, 2025
Company name SAKAI HEAVY INDUSTRIES,LTD. Stock exchange listings: Tokyo Prime Securities code 6358 URL https://www.sakainet.co.jp/
Representative (Title) President and Representing
Director
Executive Officer, General
(Name)Ichiro Sakai
Inquiries (Title)
Manager of Administration Division
(Name)Yasuyuki Fujikawa Tel 03-3434-3401
Dividend payable date (as planned) － Supplemental material of results： Yes Convening briefing of results ： None
(Yen amounts are rounded down to millions, unless otherwise noted.)
Consolidated financial results for the three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025)
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Three months ended
Millions of
yen
%
Millions of
yen
%
Millions of
yen
%
Millions of
yen
%
June 30, 2025
5,749
(14.3)
149
(66.7)
154
(69.3)
91
(86.7)
June 30, 2024
6,706
(10.9)
449
(18.5)
503
(27.2)
690
46.3
Basic earnings per share
Diluted earnings per share
Three months ended
Yen
Yen
June 30, 2025
10.72
-
June 30, 2024
81.18
-
Consolidated financial position
Total assets
Net assets
Capital adequacy ratio
As of
Millions of yen
Millions of yen
%
June 30, 2025
40,758
29,280
71.7
March 31, 2025
42,624
30,130
70.5
Cash dividends
Annual dividend
First quarter
Second quarter
Third quarter
Year end
Annual
Fiscal year ended March 31, 2025
Fiscal year ending March 31, 2026
Yen
-
-
Yen
85.00
Yen
-
Yen
60.50
Yen
-
Fiscal year ending March 31, 2026
(Forecast)
45.00
-
60.00
105.00
Consolidated financial forecast for the fiscal year ending March 31, 2026 (from 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 Fiscal year ending March 31, 2026 | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen |
13,700 30,000 | (4.8) 7.7 | 550 1,250 | (55.3) (21.1) | 550 1,250 | (53.3) (16.4) | 400 900 | (69.3) (37.3) | 46.94 105.61 | |
Notes
Significant changes in the scope of consolidation during the period： None
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)
8,845,634 shares
As of March 31, 2025
8,845,634 shares
As of June 30, 2025
Number of treasury shares at the end of the period
314,718 shares
As of March 31, 2025
314,784 shares
As of June 30, 2025
Average number of shares during the period (cumulative from the beginning of the fiscal year)
8,501,342 shares
Three months ended June 30, 2024
8,530,867 shares
Three months ended June 30, 2025
Consolidated financial statements Consolidated balance sheets
(Thousands of yen)
As of March 31, 2025 As of June 30, 2025
Assets
Current assets | ||
Cash and deposits | 7,668,034 | 5,941,290 |
Notes and accounts receivable - trade | 5,339,465 | 4,940,435 |
Electronically recorded monetary claims - operating | 736,827 | 1,279,848 |
Merchandise and finished goods | 5,267,680 | 5,283,643 |
Work in process | 1,146,451 | 1,364,651 |
Raw materials and supplies | 5,123,865 | 4,666,304 |
Other | 1,329,016 | 987,756 |
Allowance for doubtful accounts | (58) | (54) |
Total current assets | 26,611,283 | 24,463,877 |
Non-current assets | ||
Property, plant and equipment | 7,884,830 | 7,870,189 |
Intangible assets | 518,753 | 575,935 |
Investments and other assets | ||
Investment securities | 5,661,936 | 5,892,738 |
Other | 1,947,798 | 1,955,482 |
Total investments and other assets | 7,609,734 | 7,848,221 |
Total non-current assets | 16,013,317 | 16,294,346 |
Total assets | 42,624,601 | 40,758,224 |
Liabilities | ||
Current liabilities | ||
Notes and accounts payable - trade | 1,590,956 | 1,191,369 |
Electronically recorded obligations - operating | 1,884,375 | 1,843,284 |
Short-term borrowings | 4,804,492 | 4,232,966 |
Income taxes payable | 159,941 | 168,163 |
Provisions | 387,684 | 349,166 |
Other | 1,602,257 | 1,447,267 |
Total current liabilities | 10,429,707 | 9,232,216 |
Non-current liabilities | ||
Long-term borrowings | 117,260 | 107,657 |
Retirement benefit liability | 246,770 | 241,694 |
Other | 1,700,358 | 1,896,487 |
Total non-current liabilities | 2,064,388 | 2,245,838 |
Total liabilities | 12,494,096 | 11,478,055 |
(Thousands of yen)
As of March 31, 2025 As of June 30, 2025
Net assets | ||
Shareholders' equity | ||
Share capital | 3,381,692 | 3,381,692 |
Capital surplus | 6,627,635 | 6,627,635 |
Retained earnings | 14,436,335 | 14,011,678 |
Treasury shares | (411,297) | (411,432) |
Total shareholders' equity | 24,034,365 | 23,609,574 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 3,181,536 | 3,350,196 |
Foreign currency translation adjustment | 2,846,230 | 2,255,948 |
Remeasurements of defined benefit plans | (11,325) | (11,463) |
Total accumulated other comprehensive income | 6,016,440 | 5,594,681 |
Non-controlling interests | 79,697 | 75,912 |
Total net assets | 30,130,504 | 29,280,168 |
Total liabilities and net assets | 42,624,601 | 40,758,224 |
Consolidated statements of income (cumulative) and consolidated statements of comprehensive income (cumulative)
Consolidated statements of income (cumulative)
(Thousands of yen)
Three months ended June 30, 2024
Three months ended June 30, 2025
Net sales | 6,706,798 | 5,749,017 |
Cost of sales | 4,684,181 | 4,133,478 |
Gross profit | 2,022,617 | 1,615,539 |
Selling, general and administrative expenses | ||
Transportation costs | 85,690 | 79,282 |
Salaries and bonuses | 726,649 | 677,807 |
Technical research expenses | 240,214 | 241,764 |
Other | 520,954 | 467,004 |
Total selling, general and administrative expenses | 1,573,509 | 1,465,858 |
Operating profit | 449,108 | 149,680 |
Non-operating income | ||
Interest income | 5,989 | 2,978 |
Dividend income | 105,990 | 137,147 |
Foreign exchange gains | 9,573 | - |
Other | 6,585 | 2,163 |
Total non-operating income | 128,139 | 142,289 |
Non-operating expenses | ||
Interest expenses | 51,073 | 56,994 |
bank charge | 18,135 | 16,198 |
Foreign exchange losses | - | 59,968 |
Other | 4,056 | 3,861 |
Total non-operating expenses | 73,265 | 137,023 |
Ordinary profit | 503,981 | 154,946 |
Extraordinary income | ||
Gain on sale of investment securities | 288,407 | 35,227 |
Total extraordinary income | 288,407 | 35,227 |
Profit before income taxes | 792,389 | 190,173 |
Income taxes | 101,821 | 98,288 |
Profit | 690,567 | 91,885 |
Profit attributable to non-controlling interests | 456 | 420 |
Profit attributable to owners of parent | 690,111 | 91,464 |
Consolidated statements of comprehensive income (cumulative)
(Thousands of yen)
Three months ended June 30, 2024
Three months ended June 30, 2025
Profit | 690,567 | 91,885 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | (40,589) | 168,660 |
Foreign currency translation adjustment | 693,348 | (594,487) |
Remeasurements of defined benefit plans, net of tax | (2,305) | (137) |
Total other comprehensive income | 650,453 | (425,965) |
Comprehensive income | 1,341,021 | (334,080) |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of 1,336,016 (330,293) parent | ||
Comprehensive income attributable to non-controlling interests
5,004 (3,786)