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Sakai Heavy - In the third quarter of the fiscal year ending March 2025, a significant decline in profit compared to the same period last year is anticipated, but it is mostly within the expected range.
Sakai Heavy Industries <6358> is a specialized manufacturer of road construction machinery, including road rollers for pavement. The domestic Share exceeds 70%, and in recent years, there has been a focus on developing Overseas markets, particularly in North America and Southeast Asia. For the third quarter of the fiscal year ending March 2025, the consolidated performance showed revenue of 20,243 million yen (a decrease of 16.7% compared to the same period last year), operating profit of 1,368 million yen (a decrease of 47.0%), ordinary profit of 1,413 million yen (a decrease of 47.2%), and quarterly profit attributable to shareholders of the parent company.
Sakai Heavy Industries Reports Decline in Financial Results
Sakai Heavy - Although there was a decline in revenue in the third quarter, there are signs of a bottoming out in sales within China.
On the 13th, Sakai Heavy Industries <6358> announced its consolidated financial results for the third quarter of the fiscal year ending March 2025 (April-December 2024). Revenue decreased by 16.7% year-on-year to 20.243 billion yen, operating profit decreased by 47.0% to 1.368 billion yen, ordinary profit decreased by 47.2% to 1.413 billion yen, and quarterly net profit attributable to shareholders of the parent company decreased by 26.3% to 1.435 billion yen. In Japan, revenue decreased by 13.7% from the previous term to 15.348 billion yen, and operating profit decreased by 65.1%.
Sakai Heavy Industries: Summary of Financial Results for the 3rd Quarter Ending March 31, 2025 [Japanese GAAP] (Consolidated)
Sakai Heavy Industries 9-Mos Net Y1.44B Vs Net Y1.95B
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