Sangetsu expects revenue growth despite profit dip in FY2025

Sangetsu Corporation (TSE: 8130) announced its financial results for the fiscal year ended March 2025, reporting revenue of JPY200.37 billion, a 5.5% increase year-over-year. Despite this revenue record, operating profit declined to JPY18.17 billion, a 4.9% decrease, and net profit attributable to shareholders fell by 12.1% to JPY12.56 billion. The company attributes revenue growth to strong performance in its domestic interior and overseas segments, particularly in North America. For FY2026, Sangetsu forecasts revenue to reach JPY210 billion, driven by a recovery of the North American market, while anticipating cost increases in raw materials and personnel expenses. The company has revised its mid-term targets, aiming for FY2026 operating profit of JPY19 billion, and continues focusing on its "BX 2025" plan, which includes expanding overseas operations, strengthening its exterior business, improving supply chain efficiencies, and enhancing shareholder returns through dividends, targeting a dividend of JPY155 per share.