Hioki reports revenue growth, profit decline for first nine months

Hioki E.E. Corporation reported consolidated net sales of JPY 29,219 million for the nine months ended September 30, 2025, a 4.1% increase from JPY 28,077 million in the prior year. Operating profit decreased by 7.7% to JPY 4,761 million from JPY 5,160 million, and ordinary profit fell by 9.6% to JPY 4,866 million from JPY 5,382 million. Profit attributable to owners of parent declined by 11.7% to JPY 3,561 million, compared to JPY 4,031 million in the same period last year. Basic earnings per share stood at JPY 263.12, down from JPY 295.79.

The company revised its full-year forecast for December 31, 2025, anticipating net sales of JPY 41,430 million (a 5.5% increase year-on-year) but projecting lower operating profit of JPY 7,530 million (0.1% increase), ordinary profit of JPY 7,590 million (5.0% decrease), and profit attributable to owners of parent of JPY 5,840 million (5.6% decrease). This revision is attributed to increased economic uncertainty and subdued capital investment domestically and internationally, affecting demand for measurement instruments.

Total assets decreased to JPY 46,917 million as of September 30, 2025, from JPY 48,159 million at the end of 2024. This was primarily due to decreases in cash and deposits, accounts receivable, and raw materials. Net assets, however, increased to JPY 40,735 million from JPY 39,820 million, raising the equity-to-asset ratio to 86.8% from 82.7%. The full-year dividend forecast remains unchanged at JPY 200.00 per share.