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From Hannover to Riyadh: Industrial Transformation Crosses Continents Toward the Kingdom

RIYADH, Nov. 6, 2025 /PRNewswire/ — The eyes of the global industrial community turn toward the Saudi capital, Riyadh, which is preparing to host the first edition of Industrial Transformation Saudi Arabia, taking place from December 1 to 3, 2025. The event is organized by the Ministry of Industry and Mineral Resources, in cooperation with Deutsche Messe AG of Germany and Riyadh Exhibitions Company Ltd.

Industrial Transformation Saudi Arabia 2025: uniting global leaders to connect, innovate, and lead Saudi Arabia’s industrial transformation journey. December 1 to 3
Industrial Transformation Saudi Arabia 2025: uniting global leaders to connect, innovate, and lead Saudi Arabia’s industrial transformation journey. December 1 to 3

The exhibition represents an extension of a global journey that began in 1947 in Hannover, Germany, where the first edition of the world’s most prominent industrial fair was launched. Since then, it has become an international platform that brings together industrial leaders and innovators from around the world to showcase the latest technologies and transformations in automation, artificial intelligence, energy, and advanced manufacturing.

From Hannover, where it all began, to Türkiye, and later to China, which hosted its Asian edition, the journey of “Industrial Transformation” continues across continents — now reaching the Kingdom of Saudi Arabia, set to become the new hub of global industrial transformation in the Middle East. This expansion underscores the Kingdom’s growing role in shaping the future of industry, adopting Fourth Industrial Revolution technologies, and solidifying its position as a global center for innovation and industrial knowledge.

In its Saudi edition, the exhibition serves as a strategic milestone in the Kingdom’s path toward smart industry, bringing together local and international companies, experts, and investors in a dynamic environment that fosters collaboration and strategic partnerships. It also highlights the Ministry of Industry and Mineral Resources’ achievements in expanding the national industrial base, enhancing local content, and localizing supply chains — all in alignment with Saudi Vision 2030, which aims to build an integrated and sustainable industrial economy.

Industrial Transformation Saudi Arabia stands as a bridge between Germany’s long-standing industrial expertise and the Kingdom’s forward-looking ambition to build the industry of the future. From the factories that defined precision and quality in Europe to the megaprojects taking shape across Saudi Arabia today, the convergence of expertise and innovation reaffirms that the future of industry is being built in Saudi Arabia.

As the opening of the exhibition in December 2025 approaches, the global industrial community eagerly anticipates what Riyadh will unveil in advanced industrial transformation and smart manufacturing — reaffirming the Kingdom’s position as a world-class destination for industrial innovation and a key partner in shaping the future of global industry.

Visitor Registration at Saudi Industrial Transformation Event

 

JIN-ASAKUSA Debuts New Course: Sushi x Samurai x Entertainment Experience

OSAKA, Japan, Nov. 6, 2025 /PRNewswire/ — Prex Co., Ltd. (Headquarters: Osaka), which operates the highly-rated JIN-ASAKUSA restaurant, has announced the launch of a new course and a limited-time discount. JIN-ASAKUSA, an immersive entertainment restaurant in Tokyo, boasts an exceptional 4.9 Google Review score and is renowned for its unique concept fusing traditional Japanese “Sushi,” the historical element of the “Samurai,” and the fun of “Games.” It has become an unforgettable memory for international tourists.
Official Instagram: https://www.instagram.com/p/DM2ZsHAx1Jk/

Immersive Experience
The restaurant offers a hands-on experience in an extraordinary interior designed to simulate a time slip into the Sengoku (Warring States) period, complete with katanas (Japanese Swords), yoroi (armor), and flags. Guests can wear Samurai costumes while engaging in educational content about Japanese food culture and sushi preparation.

Entertainment highlights include
-Hands-on Sushi Making: The opportunity to enjoy the true thrill of making authentic sushi.
-Competitive Content: Food battles featuring blind tasting quizzes of luxurious ingredients like Kobe beef, crab, salmon roe (ikura), and caviar.
-Performances: A powerful “Japanese Sword Sushi Roll Performance” and a “Dashi Roll Omelet (Dashimaki) Demonstration” by the chef.
-Social Media Appeal: The creation of the visually appealing “Sushi Donut.”

Video1: https://videos.kyodonewsprwire.jp/prwfile/release/M108747/202510287915/_prw_PM1fl_w9T3mQS5.mp4

Video2: https://videos.kyodonewsprwire.jp/prwfile/release/M108747/202510287915/_prw_PM2fl_Ttg73Zg4.mp4

Video3: https://videos.kyodonewsprwire.jp/prwfile/release/M108747/202510287915/_prw_PM3fl_9DDY4hrb.mp4

Video4: https://videos.kyodonewsprwire.jp/prwfile/release/M108747/202510287915/_prw_PM4fl_0e2APO59.mp4

New courses and special limited-time discount
A new course, the “Sushi Experience Tour: Learn 3 Types of Sushi from a Master,” was introduced on September 16, 2025. To mark the launch, JIN-ASAKUSA is offering a special discount — the first since the restaurant opened — on the courses below until December 10, 2025.

Course Name: (NEW) 3 Types of Sushi Experience Tour
Description: An “All-in-One” visually enjoyable course combining authentic techniques with unique, photogenic novelty sushi.
Regular Price: JPY 11,500
Special Price: JPY 8,740 (available time: 1:30 PM), JPY 5,700 (available time: 4:30 PM)

Course Name: SHOGUN Challenge Tour Course
Description: A story-driven course to become a Shogun through two parts: Sushi Making and a Sushi Food Battle.
Regular Price: JPY 18,000
Special Price: JPY 13,680 (available time: 11:00 AM/6:30 PM)

Restaurant details: https://kyodonewsprwire.jp/attach/202510287915-O1-Le5Y3Gg6.pdf

Reservations: https://www.tablecheck.com/ja/shops/jin-asakusa/reserve
Instagram: https://www.instagram.com/jinasakusa/

About Prex Corporation
Osaka-based, est. 1996
CEO: Tatsuya Minato
Website: http://prex.co.jp/company/

The company welcomes media coverage and interviews for JIN-ASAKUSA, a unique sushi restaurant that receives great guest reviews.

Images: https://kyodonewsprwire.jp/release/202510287915?p=images

The Adecco Group announces new chief financial officer

AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

ZURICH, Nov. 6, 2025 /PRNewswire/ — The Adecco Group (SIX: ADEN), today announces the appointment of Valentina Ficaio as chief financial officer (CFO) and member of the executive committee, from January 1, 2026. She will succeed Coram Williams who has decided to step down and will assume the role of CFO for a company in the automotive sector in Germany in the New Year. Coram joined the Adecco Group in 2020.

The Adecco Group, Valentina Ficaio
The Adecco Group, Valentina Ficaio

Valentina, who is Italian, joined the Adecco Group as CFO Iberia in 2019 and then became regional CFO for Southern and Eastern Europe, Middle East and Northern Africa. She is now group senior vice president finance, leading financial planning, controllership and strategy. Prior to joining the Adecco Group, Valentina held CFO roles in the automotive industry and automotive financing and banking. She has a business and managerial economics degree from Luiss Guido Carli University, Rome.

Denis Machuel, CEO of the Adecco Group, commented: “Valentina has deep knowledge of our business, people and customers as well as very strong financial and strategic acumen. I congratulate her on her appointment and look forward to our collaboration as she builds on the strong foundations she and the team have developed in recent years. She will play a key role in shaping the next phase of our journey, ensuring long term value creation for our stakeholders.”

“It has been an absolute pleasure to work alongside Coram. He has guided us through a period of significant transformation, and we warmly thank him for his outstanding contribution. We wish him all the best as he assumes a role that connects to his deep passion for cars.”

Coram said: “After 5 years with the group, I have decided to step down to return to my roots in the automotive sector, closer to family in my adopted home of Germany. It has been a privilege to be the CFO of this great company and I am proud of the transformation that I have been a part of. I’d like to thank the Board of Directors, executive committee and the talented teams around the world for their support during my tenure. Valentina is the ideal candidate for the role; I know that she will help drive the group forward.”

Valentina added: “It is an honour to take on this role in a company that I love. What we do really matters – making a positive impact on the lives of millions of people everyday. Having been part of Coram’s leadership team in the last years, I look forward to the continued collaboration with a strong team, as we continue to transform in line with accelerated market developments.

“I look forward to working with Denis and the executive committee to ensure that we continue to build a company where our people can thrive and we secure profitable growth and create shareholder value as we continue to innovate in a changing world of work.”

Please view full press release and biography here.

For further information please contact:

Investor Relations

investor.relations@adeccogroup.com

+41 (0) 44 878 88 88

Press Office

media@adeccogroup.com

+41 (0) 79 876 09 21

About the Adecco Group
The Adecco Group is the world’s leading talent and technology expertise company. Our purpose is making the future work for everyone. Through our three global business units – Adecco, Akkodis and LHH – across 60 countries, we enable sustainable and lifelong employability for individuals, deliver digital and engineering consulting solutions to power transformation and empower organisations to optimise their workforces. The Adecco Group leads by example and is committed to fostering sustainable employability and supporting resilient economies and communities. The Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).
https://www.adeccogroup.com/

 

THE ADECCO GROUP Q3 2025 RESULTS

AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

Strong share gains, good growth and improved profit margin

ZURICH, Nov. 6, 2025 /PRNewswire/ —

 

HIGHLIGHTS

  • Further strong market share gains, Group +375 bps and Adecco +300 bps
  • Group revenues +3.4% yoy, and +3.0% qoq, with all GBUs improving sequentially
  • Adecco GBU revenues +4.5% yoy; Europe returned to growth; Americas +20% yoy, APAC +9% yoy
  • Akkodis GBU revenues -3% yoy; German turnaround progressing well
  • LHH GBU revenues +4% yoy, led by CT +9% yoy, Ezra +59% yoy
  • Healthy 19.2% gross margin, -10 bps yoy organic, and +30 bps sequentially, reflecting business mix, firm pricing
  • Solid 3.4% EBITA margin excl. one-offs, +10 bps yoy, reflecting good operating leverage, with productivity +8% yoy
  • Operating income €160 million, +2% yoy; Net income €89 million, -2% yoy
  • Basic EPS €0.53; Adjusted EPS €0.67
  • Strong 110% LTM cash conversion; solid operating cash flow of €200 million, up €79 million yoy
  • ND/EBITDA -0.3x qoq, with net debt €220 million lower yoy

Denis Machuel, Adecco Group CEO, commented:

“Our positive trajectory has continued in mixed markets, with further market share gains and good growth. We have improved margins by 90 basis points compared to the last quarter, demonstrating strong operating leverage. We thank our teams for yet another quarter of rigorous execution. We remain on track to reach our full year margin commitment.

“We are particularly pleased with Adecco’s strong results, with solid growth across multiple regions. Akkodis improved sequentially with our German turnaround progressing well. LHH returned to growth, supported by continued strength from Career Transition.

“We look forward to sharing the evolution of our strategy and detailed value creation plans at our Capital Markets Day in London on 26 November.”

Full Press Release

Webcast Details | Investors & Analysts

For further information, please contact:

Investor Relations

investor.relations@adeccogroup.com

+41 (0)44 878 88 88

Press Office

media@adeccogroup.com

+41 (0) 79 876 09 21

 

The AI Era Edge Hardware Revolution: Lens Technology’s Vision and Execution

HONG KONG SAR – Media OutReach Newswire – 6 November 2025 – Lens Technology Co., Ltd. (6613.HK / 300433.SZ) today presented a keynote address titled “The AI Era Edge Hardware Revolution: Lens Technology’s Vision and Execution at the GF Securities 2025 Global Investment Forum and Closed-Door Session for Premium Listed Companies. Chairwoman Ms. Zhou Qunfei personally articulated the trillion-dollar hardware transformation driven by AI’s shift from cloud to edge and formally launched the “Three-Year Business Plan,” affirming the company’s resolve to harness three decades of materials science and precision-manufacturing excellence to secure global leadership in AI edge hardware.

AI Edge Era Begins: 2026 Designated “Year One,” Market to Surpass $800 Billion

The address underscored that generative AI is swiftly embedding into smartphones, PCs, smart glasses, vehicles, and robots. Industry authorities forecast edge AI device penetration exceeding 75% by 2028, with the market expanding beyond $800 billion. 2026 is positioned as the definitive “AI Edge Year One.” IDC projects 150 million next-generation AI smartphone shipments in China in 2027, alongside explosive growth in AI glasses and AI PCs.

Through systematic innovation across “materials + processes + equipment,” Lens Technology has established full technical coverage of core AI edge domains. R&D spending reached RMB 2.44 billion in the first three quarters of 2025, sustaining an R&D-to-revenue ratio consistently above 4%, with cumulative post-IPO investment exceeding RMB 20 billion.

Three Irreplicable Core Strengths Create an Impenetrable AI Hardware Moat

  1. R&D Leadership: Cross-Domain Technology Migration Consumer-electronics precision-processing expertise is rapidly repurposed for automotive glass, optical waveguides, and robotic joint modules. Glass substrate programs are advancing, positioned to displace conventional aluminum substrates and open a multi-billion-dollar market.
  2. Manufacturing Integration: Full-Stack Vertical Barrier The industry’s pioneering “single-flow” glass production line condenses over 200 processes into 50, delivering micron-level quality control and reliable million-unit throughput. Proprietary molds, tooling, and automation systems, paired with best-in-class ODM turnkey solutions.
  3. Ecosystem Transformation: From Supplier to Strategic Solution Partner Front-end R&D co-creation with customers has enabled volume production of Zhiyuan Lingxi robots and Alipay smart terminals. 2025 humanoid robot shipments are forecast at 3,000 units and quadruped robots above 10,000 units, ranking Lens in the global first tier for complete-machine assembly.

Consumer Electronics: Elevating from Components to Complete Systems – Redefining Value Boundaries

Lens provides exclusive end-to-end delivery for Rokid AI glasses, spanning optical waveguides, structural components, and final assembly. The Alipay “Tap-to-Pay” program delivers seamless ODM services from concept to volume production. Objectives: secure core-supplier status with leading AI glasses brands within two years; achieve global top-tier complete-machine assembly share by 2027; and establish global leadership in the optical waveguide domain through strategic deployments in nano-imprint, etching, and silicon carbide technologies.

Automotive Electronics: Intelligent Cockpit Revolution Fuels Per-Vehicle Value Growth

Lens commands a 20.9% global share in automotive interaction systems—the industry’s top position—collaborating with over 30 domestic and international OEMs. Ultra-thin laminated glass is slated for million-vehicle annual supply in 2026, incorporating acoustic insulation, thermal regulation, and electrochromic functionality. Parallel expansion into in-vehicle communication modules and domain controllers targets further market-share gains by 2027.

Embodied Intelligence: World’s Premier Hardware Platform Emerges

Lens has integrated into North American and Chinese flagship robot supply chains, achieving mass production of joint modules and dexterous hands. Humanoid robot core components and complete systems are set to multiply several-fold in 2026, with shipments attaining global leadership by 2027.

Three-Year Business Plan: Precision Roadmap to Market Leadership

Over the next three years, Lens will prioritize edge hardware, multimodal integration, and next-generation materials to emerge as a global frontrunner in AI edge hardware manufacturing:

  • Consumer Electronics: AI glasses complete-machine assembly in global top tier by 2027; optical-waveguide world leader
  • Automotive Electronics: Million-vehicle ultra-thin laminated glass supply in 2026; expanded market share in 2027
  • Robotics: Core components and complete machines scale several-fold in 2026; global shipment primacy in 2027

Chairwoman Ms. Zhou Qunfei closed with the following statement: “AI’s true value is realized through hardware. Supply-chain resilience and relentless innovation are the foundation of this revolution. From a single pane of glass to the indispensable piece of the AI hardware puzzle, Lens Technology invites global partners to co-create the trillion-dollar future.”

Hashtag: #LensTechnology #AIHardware #EdgeAI #AIEra #SmartManufacturing #AIInnovation #Robotics

The issuer is solely responsible for the content of this announcement.

Toshiba and GE Vernova Sign MoU to advance carbon reduction and efficiency for gas turbine fired power plants in Japan and other parts of Asia

  • Objective of the Memorandum of Understanding (MoU) is to reduce CO2 emissions combining GE Vernova’s Exhaust Gas Recirculation (EGR) system and Toshiba’s CO2 capture technologies in natural gas fired power plants in Japan and other parts of Asia.
  • The MoU strengthens a strategic collaboration that has spanned 40 years between the two companies.
  • This initiative is related to the focus group introduced last June by Japan’s Ministry of Economy, Trade and Industry (METI) and GE Vernova.

KAWASAKI, Japan, Nov. 6, 2025 /PRNewswire/ — Toshiba Energy Systems & Solutions Corporation (Toshiba) and GE Vernova (NYSE: GEV) have signed a memorandum of understanding (MoU) to work together on an integrated Gas Turbine Combined Cycle (GTCC) CCS solution to reduce power plant CO2 emissions. The solution will combine GE Vernova’s Exhaust Gas Recirculation (EGR) system with Toshiba’s carbon capture solution, which utilizes Toshiba’s proprietary solvent. This initiative is related to the recently created focus group between the Japan’s Ministry of Economy, Trade and Industry (METI) and GE Vernova, and it was announced during an event attended by METI’s Director-General for Energy and Environmental Policy, Shinichi Kihara, and Toshiba’s and GE Vernova’s representatives.

The MoU signing ceremony, in Kawasaki, Japan. November 6, 2025; Front row from left: Mr. Jeremee Wetherby of GE Vernova, Mr. Kensuke Suzuki, Head of New Technology of Toshiba’s Power Systems Division; Back row: Mr. Shinichi Kihara of METI’s Director-General for Energy and Environmental Policy
The MoU signing ceremony, in Kawasaki, Japan. November 6, 2025; Front row from left: Mr. Jeremee Wetherby of GE Vernova, Mr. Kensuke Suzuki, Head of New Technology of Toshiba’s Power Systems Division; Back row: Mr. Shinichi Kihara of METI’s Director-General for Energy and Environmental Policy

This collaboration aims to improve the efficiency of CO2 separation and capture by integrating their respective technologies in GTCC power plants in Japan and other parts of Asia, where GE Vernova supplies or will supply the gas turbines. Toshiba and GE Vernova jointly conducted comprehensive feasibility studies with leading utility companies operating GTCC power plants across Japan. These studies, completed prior to the signing of the MoU, confirmed the significant potential of the collaboration.

METI’s Director-General for Energy and Environmental Policy, Shinichi Kihara said: “We welcome this initiative, to achieve decarbonization of the power generation by utilizing CCUS technology, as there is a global urgency to simultaneously achieve stable energy supply, economic growth, and decarbonization towards the global common goal of achieving net-zero.”

Takehiko Matsushita, Vice President of Toshiba’s Power Systems Division, said: “While thermal power plants offer a constant supply of electricity and are a primary power source, a growing global commitment to environmental sustainability has made cutting CO2 emissions from these facilities a crucial and immediate goal. We are delighted to sign this MoU, which will help us to contribute to the achievement of carbon neutrality while driving further business growth. Through our collaboration with GE Vernova, we aim to advance EGR and CO2 capture systems in Japan and other parts of Asia.”

Jeremee Wetherby, Carbon Solutions Leader at GE Vernova, said: “We are pleased to explore the benefits from our steam integration, exhaust gas recirculation system, and high gas turbine backpressure solutions with Toshiba’s extensive expertise in engineering and constructing of steam cycle systems. These steam systems are critical to the performance of GTCC power plants and will be important design considerations to maximize the performance of the capture systems, as well as reducing the decline in power output that occurs when CO2 capture systems are integrated.”

Toshiba has extensive expertise in the design and construction of thermal power systems that incorporate steam turbines for GTCC systems, and in the development and refinement of CO2 capture systems. It uses a plant’s own heat source to raise the temperature of the solvent used to capture CO2, an approach that eliminates the need for additional boilers to generate steam, and that optimizes and streamlines the system. Comprehensive expertise allows it to do this while minimizing any decline in the plant’s net power output, its generation capacity.

Integrating GTCC and CCS plants reduces capital costs and improves operational flexibility. GE Vernova solutions—such as steam integration, exhaust gas recirculation (EGR), and high gas turbine backpressure—lower costs and expand operational options. For example, GE Vernova’s EGR system recirculates exhaust gases into the turbine inlet, alters exhaust gas composition, allowing for a smaller carbon capture absorber tower, enhanced performance, reduced operating costs, and increased CO2 capture.

About Toshiba and GE Vernova collaboration
Toshiba and GE Vernova have built a strong relationship in the GTCC sector since 1982. In 2013, they expanded their collaboration, combining GE Vernova’s gas turbines with Toshiba’s steam turbines and generators to deliver advanced GTCC systems in Japan. Since 1982, they have together received orders for 20 GTCC systems worldwide, with a combined capacity of more than 13 Gigawatts (GW), and 18 units are now in operation.

 

Eddid USA Approved as NYSE Underwriting Member

Strengthening US Capital Markets Position with Comprehensive Listing Services

NEW YORK, Nov. 6, 2025 /PRNewswire/ — Building on its earlier approval as a Nasdaq underwriting member, Eddid USA, a subsidiary of Eddid Financial (“the Group”), has secured limited underwriting membership for both the New York Stock Exchange (“NYSE”) and NYSE American. Eddid USA will provide end-to-end professional services for companies pursuing US listings, from initial planning through successful listing completion, further expanding Eddid Financial’s presence in US capital markets.

Offering Diversified Listing Options 
As the world’s largest stock exchange, the NYSE leads globally in total market capitalization of listed companies, while NYSE American provides an ideal listing platform for small and mid-cap growth companies. With underwriting membership at both exchanges, Eddid Financial can now offer more diversified listing options and comprehensive capital market services for corporate clients at different development stages and scales, strengthening the Group’s strategic positioning in North America.

Cross-Border, Cross-Market, Cross-Blockchain Capital Market Services 
Eddid Financial has significantly expanded its investment banking business in recent years, successfully guiding companies from Mainland China, Hong Kong, Southeast Asia, Europe and the Americas to list on Nasdaq, NYSE, and HKEX. Beyond traditional capital market services such as IPOs and M&A, the team is actively developing the digital finance sector, offering digital asset services including tokenized real-world assets (RWA) issuance, establishing a “Traditional + Digital Finance” model. With the gradual expansion of its global license portfolio and teams worldwide, Eddid Financial has established a comprehensive international network, with services and products covering over 30 countries and regions across six continents. The company will provide enterprises with comprehensive and innovative one-stop capital market solutions, creating greater value for clients.

About Eddid Financial
Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and digital assets. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions. Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (“RA”) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), the Securities Investor Protection Corporation (SIPC), and the Nasdaq Stock Market LLC (NQX), and is a registered with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States. Our Singapore subsidiary, Eddid Financial Singapore Pte. Ltd., holds the Capital Markets Services License (License No.: CMS101839) issued by the Monetary Authority of Singapore (MAS). Learn more: www.eddid.com.hk

About Eddid Securities USA Inc.
Eddid Securities USA Inc. (“Eddid USA“) is the U.S. broker-dealer subsidiary of Eddid Financial Holdings Limited. Eddid USA is registered with the U.S. Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) and is a member of FINRA, NFA, SIPC, and NQX. Eddid USA offers investment banking services and products and online self-directed retail brokerage account services in accordance with U.S. securities laws. Eddid USA is not registered in any other jurisdiction. Learn more: www.eddidusa.com

APR Corp. maintains its history of record-breaking financial performance also in Q3 2025, anticipating exceeding KRW 1 trillion revenue by the end of the year

  • Q3 2025; revenue KRW 385.9 bn while Operating Profit KRW 96.1 bn, according to Provisional performance based on consolidation. A new quarter financial record
  • compared to the same period last year, 122% increased revenue, 253% increased operating profit… ‘Exceeding KRW 1 trillion revenue by the end of the year’ in range
  • Cosmetics and Beauty Devices led the entire Q3 2025 performance while grown 3 times higher than last year… exceeding KRW 100 bn on beauty device revenue as well
  • Overseas sales growing fast… revenue increased 210%, takes 80% from the total Q3 2025 revenue

SEOUL, South Korea, Nov. 6, 2025 /PRNewswire/ — Global beauty company APR Corp. (CEO Byunghoon Kim) announced record-breaking financial results for the third quarter of 2025, solidifying its position as a leading force in the global K-beauty market and setting the stage to exceed KRW 1 trillion in annual revenue for the first time.

According to its provisional consolidated earnings, which were posted onto Data Analysis, Retrieval and Transfer System (DART) under Financial Supervisory Service (FSS) of Korea, APR Corp. recorded revenue of KRW 385.9 billion (approximately USD 267 million, as of Nov 6th) and operating profit of KRW 96.1 billion (approximately USD 66.5 million) for the quarter. These figures represent year-over-year growth of 122% in revenue and 253% in operating profit, marking the company’s highest quarterly performance to date. Despite new U.S. tariff policy impacts in Q3 2025, APR Corp. achieved a strong 24.9% operating margin, maintaining three consecutive quarters of outperforming market expectations.

Driven by this momentum, APR Corp. is now virtually certain to reach its full-year goal of KRW 1 trillion in revenue. Cumulative revenue for the first three quarters totaled KRW 979.7 billion (approximately USD 678 million), more than double last year’s figure, while cumulative operating profit reached KRW 235.2 billion (approximately USD 163 million), surpassing the KRW 200 billion mark for the first time. The company had already exceeded its total 2024 operating profit (KRW 122.7 billion) by the 1st half of 2025, with final ‘new record’ number to be determined following fourth-quarter performance.

Cosmetics and Beauty Devices Lead Growth

The cosmetics and beauty divisions were key growth drivers in Q3. Powered by surging global demand for K-beauty products, the cosmetics segment generated KRW 272.3 billion (approximately USD 189 million) in quarterly revenue, three times higher than the same period last year for the second consecutive quarters.

APR Corp’s flagship skincare brand, ‘medicube’, continued to expand its global footprint beyond Korea. Alongside its best-selling Zero Pore Pad, various product lines—particularly the PDRN line-ups, which surpassed 15 million cumulative global sales, saw strong performance across the U.S., Korea, and international markets.

The beauty device division also maintained steady growth, with revenue of KRW 103.1 billion (approximately USD 71 million), up 39% year-over-year. As of September 2025, global cumulative sales of medicube AGE-R at-home beauty devices exceeded 5 million units. More than half of total device sales now come from overseas, reflecting robust demand from global retail customers and the successful launches of new products.

Overseas Revenue Surges 210%, Reaching 80% of Total Sales

APR Corp’s international business posted a remarkable 210% year-over-year increase, exceeding KRW 300 billion in quarterly overseas sales for the first time. Overseas revenue accounted for 80% of total sales. The United States, representing 39% of total revenue, surpassed KRW 150 billion in quarterly sales, driven by strong results from various promotions such a ‘Amazon Prime Day’ and expanded distribution channels. In Japan, medicube ranked No. 1 in the beauty category during Qoo10’s “Mega-Wari (Japan’s one of the biggest online sales promotion periods)”, while emerging regions such as Europe and Southeast Asia recorded nearly four times higher sales compare to same period last year.

Outlook: Momentum to Continue Through Holiday Season

Building on its record-breaking third quarter, APR Corp. plans to further strengthen performance in the fourth quarter—the year’s biggest shopping season, encompassing Black Friday, Christmas, and New Year holidays. With K-beauty gaining strong traction among foreign consumers, APR Corp. will intensify its global marketing and sales efforts to sustain growth momentum through year-end.

An APR Corp. spokesperson said, “Thanks to enthusiastic support from global consumers, our cosmetics business delivered exceptional growth and helped drive record results in Q3. We will continue working to maximize performance across both domestic and international markets in the fourth quarter.