AMIYA (4258) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of FY2025 rose 22.9% year-over-year to ¥2,746 million, with operating profit up 87.2% to ¥486 million and net profit attributable to shareholders up 66.2% to ¥325 million.

• Achieved 81% progress toward the original full-year profit plan by Q2, with strong order momentum from government cybersecurity mandates and automation demand.

• Upward revision of full-year operating profit forecast from ¥600 million to ¥780 million (+30%) as of July 30.

• Subscription model drove profit stabilization, especially in typically weak Q2.

Financial highlights

• Q2 revenue: ¥2,746 million, up 22.9% year-over-year.

• Q2 operating profit: ¥486 million, up 87.2% year-over-year; operating margin improved to 17.7% from 11.6%.

• Q2 net income: ¥325 million, up 66.2% year-over-year; net margin rose to 11.8%.

• EPS for Q2: 39.57, up 66.2% year-over-year.

• Gross profit for the first half was ¥1,277 million, with a gross margin of 46.5%.

Outlook and guidance

• Full-year operating profit forecast raised to ¥780 million (+30% from previous guidance).

• Net profit forecast raised to ¥530 million (+24.7% from previous guidance), with EPS expected at ¥64.58 (post-split basis).

• Q2 progress rates: 81.1% (old plan), 62.4% (revised plan) for operating profit.

• Continued focus on expanding subscription business and capturing demand from cybersecurity policy changes.