Strong printer performance offsets group pain from restructuring and impairment charges.
Kyocera Corporation has reported a sharp decline in group profits for the year ended 31 March 2025, as restructuring and one-off impairment charges overshadowed solid growth in its global business.
Revenue was broadly flat at ¥2,014.5 billion ($12.9 billion/ €11.9 billion), but operating profit fell 53.3% to ¥63.6 billion ($407 million/ €377 million), largely due to a ¥43 billion ($275 million/ €255 million) impairment in the Organic Packages and Boards business.
The Document Solutions Unit – home to Kyocera’s printer operations – stood out, increasing sales by 6.1% to ¥479.96 billion ($3.1 billion/ €2.8 billion) and delivering an 11.6% rise in profit to ¥49.04 billion ($314 million/ €291 million), with margins above 10%. Performance was bolstered by a weaker yen and efficiency gains from earlier structural reforms.
For the year to March 2026, Kyocera forecasts a 5.7% fall in revenue to ¥1,900 billion ($12.2 billion/ €11.2 billion), driven by economic headwinds and a stronger yen. However, it expects pre-tax profit to rebound 192.6% to ¥70.5 billion ($452 million/ €418 million) as impairment charges subside.
