INFRONEER Holdings Inc.
FY26 March Period 3rd Quarter Analyst Earnings Presentation
FY25 3rd quarter results recorded net sales of 768.6 billion yen, operating income of 66.3 billion yen, and net income attributable to owners of parent of 51.5 billion yen, achieving year-on-year growth in both revenue and profits. The full-year earnings forecast was upwardly revised, and the year-end dividend was raised to 62 yen per share.
Key Figures
- Net Sales: 768.6 billion yen (FY25 3Q results; +164.2 billion yen YoY)
- Net Income Attributable to Owners of Parent: 51.5 billion yen (FY25 3Q results; +30.8 billion yen YoY)
- Dividend Amount: 92 yen/share (interim 30 yen, year-end 62 yen; year-end dividend increased by 32 yen)
AI要約
Earnings Overview
In FY25 3rd quarter, the company achieved year-on-year increases in both revenue and profits, recording net sales of 768.6 billion yen, operating income of 66.3 billion yen, and net income attributable to owners of parent of 51.5 billion yen—the highest figures since the establishment of the holding company. Net income increased by 30.8 billion yen year-on-year due to valuation gains on investment assets. By segment, the Construction, Civil Engineering, Infrastructure Operations, and Paving segments all achieved year-on-year growth in both sales and profits, while the Machinery segment experienced a decline in net sales but worked to improve profit margins.
Capital Strategy and Return Policy
The full-year earnings outlook was upwardly revised on February 10, with forecasts of net sales of 1.13 trillion yen, operating income of 77.3 billion yen, and net income of 60.0 billion yen. Dividends were increased with the year-end dividend raised by 32 yen, resulting in an annual total of 92 yen per share. ROE remained at a high level of 12.6%, with an equity ratio of 30.3% and a D/E ratio of 1.0x. Interest-bearing liabilities increased due to bridge loan financing associated with the acquisition of Sumitomo Mitsui Construction shares, but management continues focusing on capital efficiency.
