ROHM reported solid improvement in financial performance for the nine months ended December 31, 2025, reflecting higher sales, structural cost reforms, and strengthening demand in automotive, industrial, and data-center-related markets.
Key Financial Highlights (9M FY2025):
- Net sales: ¥369.5 billion, up 7.2% year-on-year
- Operating profit: ¥9.7 billion (vs. operating loss of ¥11.1 billion a year earlier)
- Ordinary profit: ¥15.1 billion
- Profit attributable to owners: ¥14.8 billion
- EBITDA: ¥51.3 billion, up 1.6% YoY
- Equity ratio: 63.8%, up from 61.7% at FY2024 year-end
Business Drivers:
- Automotive: Continued growth, particularly in xEV-related and power semiconductor products
- Industrial & Consumer: Recovery supported by inventory normalization and strong demand in amusement, factory automation, and server markets
- Data centers & AI: Rising investment driving demand for power devices
- SiC power devices: Sales momentum improving, though temporary quality-assurance costs weighed on near-term profitability
Cash Flow & Financial Position:
- Operating cash flow: ¥71.3 billion
- Net cash at period end: ¥300.9 billion
- Reduced capital intensity and disciplined cost controls supported balance-sheet strength
Accounting Change Impact:
- Transition to straight-line depreciation reduced depreciation expense and boosted operating and ordinary profit for the period
Revised Full-Year FY2026 Outlook (ending March 31, 2026):
- Net sales: ¥480.0 billion (+7.0% YoY)
- Operating profit: ¥6.0 billion
- Ordinary profit: ¥11.0 billion
- Profit attributable to owners: ¥10.0 billion
- Improvement expected as temporary SiC quality-related costs subside
Strategic Focus:
ROHM continues executing its “MOVING FORWARD to 2028” mid-term plan, emphasizing:
- Structural reforms and manufacturing optimization
- Portfolio reshaping toward automotive, power, and SiC technologies
- Profitability improvement and resilience against market volatility
Overall, ROHM’s results signal a clear earnings recovery trajectory, with automotive electrification, AI-driven infrastructure, and disciplined cost management positioning the company for improved profitability in FY2026 and beyond.
Original – ROHM