DISCLAIMER: This document has been translated from a part of 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.
February 4, 2026
Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2025 (Under Japanese GAAP)Company name: SATOSHOJI CORPORATION Listing: Tokyo Stock Exchange
Securities code: 8065
URL: https://www.satoshoji.co.jp
Representative: Tetsuo Nozawa, Representative Director, President Inquiries: Akihito Okeda, General Manager of Financial Dept. Telephone: +81-3-5218-5312
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.)
1. Consolidated financial results for the nine months ended December 31, 2025 (from April 1, 2025 to December 31, 2025) (1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)Net sales Operating profit Ordinary profit Profit attributable to owners of
parent
Nine months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen %
December 31, 2025 216,554 0.8 5,097 4.9 5,592 4.7 4,436 (0.9)
December 31, 2024 214,888 4.4 4,860 5.7 5,341 0.1 4,478 (1.0)
Note: Comprehensive income For the nine months ended December 31, 2025: ¥8,363 million [100.6%] For the nine months ended December 31, 2024: ¥4,168 million [(41.1)%]
Basic earnings per share Diluted earnings per share
Nine months ended Yen Yen
December 31, 2025 211.59 208.84
December 31, 2024 212.70 209.12
(2) Consolidated financial positionTotal assets Net assets Equity-to-asset ratio
As of Millions of yen Millions of yen %
December 31, 2025 184,041 74,443 40.3
March 31, 2025 171,143 68,454 39.8
Reference: Equity
As of December 31, 2025: ¥74,140 million
As of March 31, 2025: ¥68,143 million
2. Cash dividendsAnnual dividends per share
First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total
Yen Yen Yen Yen Yen
Fiscal year ended
March 31, 2025 - 34.00 - 42.00 76.00
Fiscal year ending
March 31, 2026 - 38.00 -
Fiscal year ending
March 31, 2026 38.00 76.00
(Forecast)
Note: Revisions to the forecast of cash dividends most recently announced: None
3. Forecast of consolidated financial results for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)(Percentages indicate year-on-year changes.)
Profit attributable to
Net sales Operating profit Ordinary profit owners of parent Basic earnings per share
Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen
Fiscal year ending
March 31, 2026 290,000 1.9 6,800 (0.3) 7,200 0.1 5,600 (6.9) 266.14
Note: Revisions to the earnings forecasts most recently announced: None
* Notes
(1) Significant changes in the scope of consolidation during the period: None
(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates, and restatement
(i) Changes in accounting policies due to revisions to accounting standards and other regulations: None
(ii) Changes in accounting policies due to other reasons: None
(iii) Changes in accounting estimates: None
(iv) Restatement: None
(4) Number of issued shares (common shares)
(i) Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2025 21,799,050 shares
As of March 31, 2025 21,799,050 shares
(ii) Number of treasury shares at the end of the period
As of December 31, 2025 1,089,858 shares
As of March 31, 2025 813,079 shares
(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2025 20,967,592 shares
Nine months ended December 31, 2024 21,057,724 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
The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors. For the conditions on which earnings forecasts are predicated and precautions for using earnings forecasts, please refer to "1. Summary of Operating Results, etc. (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts."
Quarterly consolidated balance sheet
(Millions of yen)
As of March 31, 2025 As of December 31, 2025Assets
Current assets
Cash and deposits 3,912 5,385
Notes receivable - trade 3,110 2,455
Electronically recorded monetary claims - operating 27,133 31,252
Accounts receivable - trade 54,952 57,945
Merchandise and finished goods 29,453 30,067
Other 7,321 5,791
Allowance for doubtful accounts (287) (320)
Total current assets 125,596 132,578
Non-current assets
Property, plant and equipment
Buildings and structures, net 6,991 8,796
Land 14,320 14,378
Other, net 3,275 2,361
Total property, plant and equipment 24,587 25,536
Intangible assets 208 202
Investments and other assets
Investment securities 17,927 22,441
Deferred tax assets 96 67
Retirement benefit asset 1,165 1,133
Other 1,676 2,155
Allowance for doubtful accounts (114) (74)
Total investments and other assets 20,751 25,723
Total non-current assets 45,547 51,463
Total assets 171,143 184,041
(Millions of yen)
As of March 31, 2025 As of December 31, 2025Liabilities
Current liabilities
Accounts payable - trade 49,605 51,950
Electronically recorded obligations - operating 9,137 10,703
Short-term borrowings 26,061 32,339
Income taxes payable 1,537 478
Contract liabilities 1,550 1,077
Provision for bonuses 1,903 918
Other 2,462 2,978
Total current liabilities 92,257 100,445
Non-current liabilities
Long-term borrowings 6,141 3,108
Deferred tax liabilities 3,767 5,482
Retirement benefit liability 217 243
Provision for retirement benefits for directors (and other officers) 60 18
Other 244 298
Total non-current liabilities 10,431 9,152
Total liabilities 102,688 109,597
Net assets Shareholders' equity
Share capital 1,321 1,321
Capital surplus 732 695
Retained earnings 56,376 59,131
Treasury shares (1,006) (1,650)
Total shareholders' equity 57,423 59,497
Accumulated other comprehensive income
Valuation difference on available-for-sale securities 8,599 11,780
Deferred gains or losses on hedges (6) 0
Foreign currency translation adjustment 2,126 2,861
Total accumulated other comprehensive income 10,720 14,643
Share acquisition rights 293 282
Non-controlling interests 17 20
Total net assets 68,454 74,443
Total liabilities and net assets 171,143 184,041
Quarterly consolidated statement of income
(Millions of yen)
Nine months ended Nine months ended December 31, 2024 December 31, 2025Net sales 214,888 216,554
Cost of sales 198,141 199,132
Gross profit 16,746 17,422
Selling, general and administrative expenses 11,886 12,325
Operating profit 4,860 5,097
Non-operating income
Interest income 21 23
Dividend income 618 652
Rental income 77 77
Purchase discounts 29 35
Share of profit of entities accounted for using equity method 58 27
Foreign exchange gains 29 17
Other 70 45
Total non-operating income 905 879
Non-operating expenses
Interest expenses 300 272
Loss on sale of trade receivables 1 1
Rental expenses 45 57
Other 76 53
Total non-operating expenses 424 384
Ordinary profit 5,341 5,592
Extraordinary income
Gain on sale of non-current assets 478 2
Gain on sale of investment securities 525 544
Subsidy income - 50
Total extraordinary income 1,004 597
Extraordinary losses
Loss on sale and retirement of non-current assets 5 6
Loss on valuation of investment securities 3 -
Loss on sale of investment securities 6 4
Loss on sale of shares of subsidiaries 68 -
Total extraordinary losses 83 11
Profit before income taxes 6,262 6,178
Income taxes - current 1,513 1,462
Income taxes - deferred 267 277
Total income taxes 1,781 1,740
Profit 4,480 4,437
Profit attributable to non-controlling interests 1 1
Profit attributable to owners of parent 4,478 4,436
Quarterly consolidated statement of comprehensive income
(Millions of yen)
Nine months ended Nine months ended December 31, 2024 December 31, 2025Profit 4,480 4,437
Other comprehensive income
Valuation difference on available-for-sale securities (1,015) 3,181
Deferred gains or losses on hedges (1) 7
Foreign currency translation adjustment 678 698
Share of other comprehensive income of entities accounted for using equity
method 26 37
Total other comprehensive income (312) 3,925
Comprehensive income 4,168 8,363
Comprehensive income attributable to
Comprehensive income attributable to owners of parent 4,164 8,359
Comprehensive income attributable to non-controlling interests 3 3
(Notes on segment information, etc.)
Segment Information
I. The nine months of the previous fiscal year (April 1, 2024 to December 31, 2024)
Information on sales and the amount of profit or loss for each reported segment
(in millions of yen)
Quarterly Iron and steel Non-ferrous Electronic LIFE sales Machinery Business Consolidated
Metals and Tools Development Statements of
Income (Note)
Sales
Revenues from external customers 136,207 31,334 31,884 7,035 5,065 3,360 214,888 Transactions with other segments - - - - - - -Total 136,207 31,334 31,884 7,035 5,065 3,360 214,888
Segment Profit 2,434 264 1,572 277 181 129 4,860
Note: Segment profit is consistent with operating income in the quarterly consolidated statements of income.
II. The nine months of the current fiscal year (April 1, 2025 to December 31, 2025)
Information on sales and the amount of profit or loss for each reported segment
(in millions of yen)
Quarterly Iron and steel Non-ferrous Electronic LIFE sales Machinery Business Consolidated
Metals and Tools Development Statements of
Income (Note)
Sales
Revenues from external customers 132,638 29,594 37,775 8,564 4,606 3,374 216,554 Transactions with other segments - - - - - - -Total 132,638 29,594 37,775 8,564 4,606 3,374 216,554
Segment profit (loss) 2,042 385 2,211 426 (50) 80 5,097
Note: Segment profit or loss (loss) is consistent with operating income in the quarterly consolidated statements of income.