SECOM CO ( (SOMLY) ) has released its Q3 earnings. Here is a breakdown of the information SECOM CO presented to its investors.
SECOM CO, a prominent player in the security services sector, offers an array of safety and security solutions across various fields including security services, medical services, and disaster prevention. The company has set its sights on the ‘Social System Industry’ vision for 2030 and has been actively working towards that goal.
In its latest earnings report, SECOM CO announced a record-breaking performance for the third quarter of the fiscal year ending March 2025, with consolidated sales reaching 864.6 billion yen, marking a 3.5% increase compared to the previous year. The company’s operating profit, however, saw a slight decline by 3.3% to 100.2 billion yen, while ordinary profit and net profit attributable to parent company shareholders rose by 8.1% and 4.1% respectively.
Key financial metrics reveal that the security services segment, driven by strong sales in centralized systems and price adjustments, contributed significantly with a 2.7% increase in sales. The disaster prevention segment reported a notable growth in sales by 9.2% due to increased sales of firefighting and fire alarm equipment, leading to a substantial 77.5% rise in operating profit. Conversely, the medical services segment faced a decline in operating profit by 10.3% despite an 8.2% increase in sales.
SECOM CO’s strategic advancements, such as the renewal of home security systems and the introduction of mobile ID verification services, underscore its commitment to enhancing customer satisfaction. Looking ahead, the company maintains its full-year consolidated earnings forecast, emphasizing a steady focus on its strategic roadmap to ensure sustained growth and profitability despite potential economic challenges.