Yamabiko Corporation
Financial Summary for the Fiscal Year Ending December 2025 [Japanese GAAP] (Consolidated)
For the fiscal year ending December 2025, consolidated net sales amounted to 174,020 million yen (5.6% increase YoY), operating income was 19,722 million yen (0.4% increase YoY), and net income attributable to owners of the parent was 14,444 million yen (9.1% decrease YoY).
Key Figures
- Net Sales: 174,020 million yen (5.6% increase YoY)
- Operating Income: 19,722 million yen (0.4% increase YoY, record high)
- Net Income Attributable to Owners of Parent: 14,444 million yen (9.1% decrease YoY)
AI要約
Overview of Business Results
For the fiscal year ending December 2025, consolidated net sales totaled 174,020 million yen (5.6% increase YoY), and operating income reached 19,722 million yen (0.4% increase YoY), marking a record high for operating income. Meanwhile, ordinary income decreased 6.5% YoY to 19,537 million yen due to foreign exchange losses, and net income attributable to owners of the parent declined 9.1% to 14,444 million yen. In overseas markets, core small outdoor power equipment performed well in North America and Europe, and the domestic market saw revenue growth driven by increased sales of agricultural machinery. Despite cost increases, the effect of price revisions and strong sales of high-value-added products supported profitability.
Financial Position and Cash Flow Overview
Consolidated total assets increased to 169,475 million yen compared to the previous fiscal year, and the equity ratio improved to 70.8%. Cash flow from operating activities generated an inflow of 8,925 million yen, with outflows of 4,459 million yen from investing activities and 3,467 million yen from financing activities, resulting in a cash and cash equivalents balance of 16,887 million yen at the fiscal year-end. Although borrowings increased and dividend payments were made, the financial base remains stable.
Future Outlook and Dividend Policy
For the fiscal year ending December 2026, net sales are forecasted at 185,000 million yen (6.3% increase YoY), operating income at 21,000 million yen (6.5% increase YoY), and net income attributable to owners of the parent at 15,000 million yen (3.8% increase YoY). The company will pursue steady demand in the North American market, expand European operations, and promote structural reforms of domestic earnings. Annual dividends are planned at 110 yen per share (20 yen increase YoY), targeting a consolidated payout ratio of 30%. The company will continue considering shareholder returns, including share buybacks, while balancing growth investments and financial conditions.
