	2025	2026	2027
Revenue	590,422	619,467	636,560
Dividend	72.50	79.17	82.20
Dividend Yield (in %)	2.83 %	3.10 %	3.21 %
EPS	267.59	277.63	288.61
P/E Ratio	9.56	9.21	8.86
EBIT	45,867	49,350	51,720
EBITDA	69,151	75,467	79,967
Net Profit	26,846	27,856	28,956
Net Profit Adjusted	24,600	27,000	27,800
Pre-Tax Profit	45,222	48,933	51,160
Pre-Tax Profit Reported	44,866	47,950	50,100
EPS (Non-GAAP) ex. SOE	-	-	-
EPS (GAAP)	-	-	-
Gross Income	-	-	-
Cash Flow from Investing	-76,000	-58,000	-54,000
Cash Flow from Operations	56,649	68,400	75,700
Cash Flow from Financing	19,327	-9,500	-10,000
Cash Flow per Share	517.50	563.30	609.20
Free Cash Flow	-19,351	10,400	21,700
Free Cash Flow per Share	-	-	-
Book Value per Share	3,469.50	3,715.70	3,981.90
Net Debt	54,433	64,682	64,831
Research & Development Exp.	-	-	-
Capital Expenditure	81,000	63,000	59,000
Selling, General & Admin. Exp.	-	-	-
Shareholder’s Equity	370,287	372,700	399,400
Total Assets	699,200	734,400	770,700

	Previous Quarter ending 09/30/24	Current Quarter ending 12/31/24	Next Quarter ending 03/31/25	Current Year ending 03/31/25	Next Year ending 03/31/26
Earnings Estimates
No. of Analysts	-	1	1	6	6
Average Estimate	-	84.250 JPY	83.340 JPY	267.594 JPY	277.634 JPY
Year Ago	-	137.420 JPY	142.797 JPY	369.742 JPY	-
Publish Date	-	2/10/2026	5/8/2025	-	-
Revenue Estimates
No. of Analysts	-	2	2	6	6
Average Estimate	-	157,467 JPY	173,048 JPY	590,422 JPY	619,467 JPY
Year Ago	-	154,786 JPY	151,306 JPY	562,897 JPY	-
Publish Date	-	2/10/2026	5/8/2025	-	-

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Income Statements in Mio. JPY

	2024	2023	2022	2021	2020	2019	2018
Sales	562,897.00	517,735.00	432,133.00	386,511.00	395,553.00	413,089.00	410,951.00
Change of sales in %	8.72	19.81	11.80	-2.29	-4.25	0.52	14.28
Gross profit on sales	125,661.00	112,073.00	96,895.00	96,571.00	92,045.00	95,860.00	94,172.00
Gross profit on sales change in %	12.12	15.66	0.34	4.92	-3.98	1.79	5.15
Operating income	41,596.00	31,501.00	22,666.00	24,812.00	21,677.00	22,655.00	21,921.00
Operating income change in %	32.05	38.98	-8.65	14.46	-4.32	3.35	-5.13
Income before tax	42,891.00	27,137.00	19,246.00	24,847.00	23,311.00	25,224.00	20,768.00
Income before tax change in %	58.05	41.00	-22.54	6.59	-7.58	21.46	-3.51
Income after tax	32,064.00	13,926.00	8,468.00	11,455.00	13,675.00	13,524.00	11,450.00
Income after tax change in %	130.25	64.45	-26.08	-16.23	1.12	18.11	-6.37

Balance Sheet in Mio. JPY

	2024	2023	2022	2021	2020	2019	2018
Total liabilities	282,780.00	270,013.00	230,821.00	197,339.00	180,095.00	176,532.00	185,682.00
Long-term liabilities per share	939.65	1,177.09	1,261.12	1,110.34	962.34	975.05	742.42
Equity	373,880.00	270,890.00	249,938.00	234,570.00	205,318.00	207,708.00	205,638.00
Equity change in %	43.05	7.18	6.42	14.69	-1.11	1.45	8.69
Balance sheet total	656,660.00	540,903.00	480,759.00	431,909.00	385,413.00	384,240.00	391,320.00
Balance sheet total change in %	21.40	12.51	11.31	12.06	0.31	-1.81	5.62

Key Data in JPY

	2024	2023	2022	2021	2020	2019	2018
Sales per share	6,490.97	6,435.65	5,369.78	4,788.29	4,866.49	4,712.29	4,653.73
P/E ratio (year end quote, basic EPS)	8.51	13.76	22.25	21.14	8.64	13.18	20.88
P/E ratio (year end quote, diluted EPS)	8.51	13.76	22.25	21.14	8.64	14.09	22.40
P/E ratio (year end quote)	8.51	13.76	22.25	21.14	8.64	13.18	20.88
Dividend yield in %	2.23	2.10	2.14	1.67	3.44	2.30	1.72
Equity ratio in %	56.94	50.08	51.99	54.31	53.27	54.06	52.55
Debt ratio in %	43.06	49.92	48.01	45.69	46.73	45.94	47.45

GS Yuasa Dividend Calendar

Date	Name	Dividend	*yield	Currency
2024	GS Yuasa Corp	70.00	2.23	JPY
2023	GS Yuasa Corp	50.00	2.10	JPY
2022	GS Yuasa Corp	50.00	2.14	JPY
2021	GS Yuasa Corp	50.00	1.67	JPY
2020	GS Yuasa Corp	50.00	3.44	JPY
2019	GS Yuasa Corp	50.00	2.30	JPY
2018	GS Yuasa Corp	50.00	1.72	JPY
2017	GS Yuasa Corp	50.00	1.93	JPY
2016	GS Yuasa Corp	50.00	2.08	JPY
2015	GS Yuasa Corp	50.00	1.85	JPY
2014	GS Yuasa Corp	40.00	1.46	JPY
2013	GS Yuasa Corp	30.00	1.57	JPY
2012	GS Yuasa Corp	40.00	1.76	JPY
2011	GS Yuasa Corp	40.00	1.45	JPY
2010	GS Yuasa Corp	30.00	0.95	JPY
2009	GS Yuasa Corp	30.00	1.24	JPY

*Yield of the Respective Date

GS Yuasa Calendar

Event	Estimate	Info	Date
Earnings Report	137.420 JPY	Q3 2024 Earnings Release	02/05/2025
Earnings Report	83.340 JPY	Q4 2025 Earnings Release	05/08/2025
Earnings Report	47.710 JPY	Q1 2025 Earnings Release	08/12/2025
Earnings Report	46.100 JPY	Q2 2025 Earnings Release	11/05/2025
Earnings Report	84.250 JPY	Q3 2025 Earnings Release	02/10/2026

GS Yuasa Past Events

Event	Actual EPS	Info	Date
Earnings Report	53.550 JPY	Q2 2024 Earnings Release	11/06/2024
Earnings Report	20.510 JPY	Q1 2024 Earnings Release	08/05/2024
Earnings Report	75.530 JPY	Q4 2023 Earnings Release	05/10/2024
Earnings Report	76.260 JPY	Q3 2023 Earnings Release	02/06/2024
Earnings Report	13.680 JPY	Q2 2023 Earnings Release	11/07/2023
Earnings Report	7.620 JPY	Q1 2023 Earnings Release	08/03/2023
Annual General Meeting	-	Annual General Meeting	06/29/2023
Earnings Report	63.640 JPY	Q4 2022 Earnings Release	05/11/2023
Earnings Report	14.190 JPY	Q3 2022 Earnings Release	02/07/2023
Earnings Report	-5.890 JPY	Q2 2022 Earnings Release	11/08/2022
Earnings Report	33.270 JPY	Q1 2022 Earnings Release	08/03/2022
Annual General Meeting	-	Annual General Meeting	06/29/2022
Earnings Report	71.800 JPY	Q4 2021 Earnings Release	05/12/2022
Earnings Report	68.800 JPY	Q3 2021 Earnings Release	02/04/2022

GS Yuasa Profile

GS Yuasa Corp. operates as a holding company which engages in the manufacture and supply of batteries, power supply systems, lighting equipment, and other specialty electrical equipment. It operates through the following segments: Domestic Automotive Batteries, Domestic Industrial Batteries and Power Supplies, Overseas Operations, Automotive Lithium-ion Batteries, and Others. The Domestic Automotive Batteries segment produces and sells lead-acid batteries for automotive. The Domestic Industrial Batteries and Power Supplies segment covers rectifiers, lead, alkali, and general batteries, and power supply systems. The Overseas Operations segment manufactures and markets batteries and power supply devices in the international market. The Automotive Lithium-ion Batteries segment handles the lithium-ion batteries for vehicles. The Others segment includes environment related equipment, mobile communication batteries, battery related equipment, battery manufacturing equipment, and applications batteries.

Moody’s Daily Credit Risk Score

Risk

Low
Medium
High

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

GS Yuasa Shareholder

Owner	in %
Freefloat	76.98
Honda Motor Co., Ltd.	4.89
Nomura Asset Management Co., Ltd.	4.34
Nikko Asset Management Co., Ltd.	3.59
Sumitomo Mitsui Trust Asset Management Co., Ltd.	3.16
Meiji Yasuda Life Insurance Co.	2.79
Mitsubishi UFJ Financial Group, Inc.	2.76
Nomura Asset NEXT FUNDS TOPIX ETF (1306)	2.62
Toyota Motor Corp.	2.23
Nippon Life Insurance Co.	1.78
Nomura Asset NEXT FUNDS NIKKEI 225 ETF (1321)	1.76
Kyoto Financial Group, Inc.	1.54
Mitsubishi UFJ Asset Management Co., Ltd.	1.54
Sumitomo Mitsui Trust Group, Inc.	1.46
Sumitomo Mitsui Financial Group, Inc.	1.41

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

GS Yuasa Management

Name	Job
Hideaki Yamada	Auditor
Masayuki Murakami	Auditor
Kazuhiro Fukuoka	Director
Akio Furukawa	Director
Yoshiko Nonogaki	Independent Non-Executive Outside Director
Ikuo Otani	Independent Non-Executive Outside Director
Takayoshi Matsunaga	Independent Non-Executive Outside Director
Hiroaki Matsushima	Manager-Corporate Office
Osamu Murao	President, CEO & Representative Director
Masahiro Shibuya	Senior Managing Representative Director