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.
July 31, 2025
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 three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025) (1) 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 70,329 2.6 1,587 32.9 1,871 20.7 1,726 1.9
June 30, 2024 68,570 2.7 1,194 (11.4) 1,551 (4.7) 1,693 45.0
Note: Comprehensive income For the three months ended June 30, 2025: ¥1,260 million [(24.7)%] For the three months ended June 30, 2024: ¥1,673 million [(46.1)%]
Basic earnings per share Diluted earnings per share
Three months ended Yen Yen
June 30, 2025 82.22 80.99
June 30, 2024 80.58 78.94
(2) Consolidated financial positionTotal assets Net assets Equity-to-asset ratio
As of Millions of yen Millions of yen %
June 30, 2025 168,558 68,833 40.7
March 31, 2025 171,143 68,454 39.8
Reference: Equity
As of June 30, 2025: ¥68,576 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 -
Fiscal year ending
March 31, 2026 38.00 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
Six months ending
September 30, 2025 139,500 (0.2) 2,950 6.3 3,200 5.1 2,700 (4.5) 128.32
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 June 30, 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 June 30, 2025 739,079 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)
Three months ended June 30, 2025 21,004,471 shares
Three months ended June 30, 2024 21,022,352 shares
* Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:nothing
* 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 June 30, 2025Assets
Current assets
Cash and deposits 3,912 4,716
Notes receivable - trade 3,110 2,531
Electronically recorded monetary claims - operating 27,133 27,379
Accounts receivable - trade 54,952 51,653
Merchandise and finished goods 29,453 29,626
Other 7,321 7,275
Allowance for doubtful accounts (287) (315)
Total current assets 125,596 122,868
Non-current assets
Property, plant and equipment
Buildings and structures, net 6,991 7,686
Land 14,320 14,321
Other, net 3,275 3,383
Total property, plant and equipment 24,587 25,391
Intangible assets 208 192
Investments and other assets
Investment securities 17,927 17,246
Deferred tax assets 96 103
Retirement benefit asset 1,165 1,154
Other 1,676 1,713
Allowance for doubtful accounts (114) (111)
Total investments and other assets 20,751 20,106
Total non-current assets 45,547 45,690
Total assets 171,143 168,558
(Millions of yen)
As of March 31, 2025 As of June 30, 2025Liabilities
Current liabilities
Accounts payable - trade 49,605 48,718
Electronically recorded obligations - operating 9,137 8,974
Short-term borrowings 26,061 24,506
Income taxes payable 1,537 1,121
Contract liabilities 1,550 1,897
Provision for bonuses 1,903 780
Other 2,462 4,584
Total current liabilities 92,257 90,584
Non-current liabilities
Long-term borrowings 6,141 5,219
Deferred tax liabilities 3,767 3,436
Retirement benefit liability 217 223
Provision for retirement benefits for directors (and other officers) 60 17
Other 244 243
Total non-current liabilities 10,431 9,140
Total liabilities 102,688 99,724
Net assets Shareholders' equity
Share capital 1,321 1,321
Capital surplus 732 695
Retained earnings 56,376 57,222
Treasury shares (1,006) (914)
Total shareholders' equity 57,423 58,323
Accumulated other comprehensive income
Valuation difference on available-for-sale securities 8,599 8,293
Deferred gains or losses on hedges (6) (4)
Foreign currency translation adjustment 2,126 1,963
Total accumulated other comprehensive income 10,720 10,253
Share acquisition rights 293 239
Non-controlling interests 17 17
Total net assets 68,454 68,833
Total liabilities and net assets 171,143 168,558
Quarterly consolidated statement of income
(Millions of yen)
Three months ended Three months ended June 30, 2024 June 30, 2025Net sales 68,570 70,329
Cost of sales 63,543 64,750
Gross profit 5,026 5,579
Selling, general and administrative expenses 3,832 3,992
Operating profit 1,194 1,587
Non-operating income
Interest income 6 11
Dividend income 338 321
Rental income 27 24
Purchase discounts 9 12
Share of profit of entities accounted for using equity method 21 11
Foreign exchange gains 44 -
Other 20 20
Total non-operating income 467 402
Non-operating expenses
Interest expenses 69 84
Loss on sale of trade receivables 1 0
Rental expenses 22 12
Foreign exchange losses - 8
Other 17 11
Total non-operating expenses 110 117
Ordinary profit 1,551 1,871
Extraordinary income
Gain on sale of non-current assets 477 0
Gain on sale of investment securities 333 489
Subsidy income - 50
Total extraordinary income 810 539
Extraordinary losses
Loss on sale and retirement of non-current assets 4 0
Loss on sale of investment securities 6 3
Total extraordinary losses 11 4
Profit before income taxes 2,350 2,407
Income taxes - current 874 889
Income taxes - deferred (218) (208)
Total income taxes 656 680
Profit 1,694 1,727
Profit attributable to non-controlling interests 0 0
Profit attributable to owners of parent 1,693 1,726
Quarterly consolidated statement of comprehensive income
(Millions of yen)
Three months ended Three months ended June 30, 2024 June 30, 2025Profit 1,694 1,727
Other comprehensive income
Valuation difference on available-for-sale securities (471) (306)
Deferred gains or losses on hedges 1 2
Foreign currency translation adjustment 438 (165)
Share of other comprehensive income of entities accounted for using equity
method 9 2
Total other comprehensive income (21) (466)
Comprehensive income 1,673 1,260
Comprehensive income attributable to
Comprehensive income attributable to owners of parent 1,671 1,259
Comprehensive income attributable to non-controlling interests 1 0
(Notes on segment information, etc.) Segment Information
I. the three months of the previous fiscal year (April 1, 2024 to June 30, 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 44,277 10,440 9,480 2,049 1,429 892 68,570 Transactions with other segments - - - - - - -Total 44,277 10,440 9,480 2,049 1,429 892 68,570
Segment profit (loss) 641 101 410 34 (3) 10 1,194
Note: Segment profit or loss (loss) is consistent with operating income in the quarterly consolidated statements of income.
II. the three months of the current fiscal year (April 1, 2025 to June 30, 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 45,003 9,766 11,094 2,328 1,007 1,129 70,329 Transactions with other segments - - - - - - -Total 45,003 9,766 11,094 2,328 1,007 1,129 70,329
Segment profit (loss) 712 138 585 138 (55) 67 1,587
Note: Segment profit or loss (loss) is consistent with operating income in the quarterly consolidated statements of income.