Early Age reports steep declines in Q3 sales and profits

For the third quarter ended July 31, 2025, Early Age reported consolidated net sales of JPY 2,566 million, a decrease of 36.2% compared to the same period last year. Operating profit fell by 49.8% to JPY 413 million, while ordinary profit declined by 59.1% to JPY 314 million. Net profit attributable to owners of the parent saw a 60.3% drop, reaching JPY 199 million. This performance translates to diluted earnings per share of JPY 62.79, down from JPY 158.25 previously.

Despite reduced profitability, the company's financial position remained stable. Total assets increased to JPY 15,056 million as of July 31, 2025, up from JPY 14,398 million at the end of the previous fiscal year. This was primarily driven by an increase in land acquisitions for new developments. Total liabilities also rose to JPY 10,409 million, while net assets increased to JPY 4,646 million, resulting in a slight decrease in the equity ratio to 30.9%.

The company maintains its full-year consolidated earnings forecast for the fiscal year ending October 2025, with projected net sales of JPY 3,200 million and net profit attributable to owners of the parent of JPY 233 million, representing a 56.1% decrease from the prior year.