Doshisha Co (7483) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, rose 5.1% year-over-year to ¥54,508 million, with operating profit slightly down 2.0% to ¥4,182 million and profit attributable to owners of parent down 1.6% to ¥2,884 million.

• Comprehensive income dropped 48.1% year-over-year to ¥2,206 million, reflecting significant declines in other comprehensive income components.

Financial highlights

• Gross profit increased to ¥15,737 million from ¥14,984 million year-over-year, while selling, general and administrative expenses rose to ¥11,554 million.

• Earnings per share for the period were ¥84.01, up from ¥83.08 in the prior year.

• Total assets decreased to ¥99,414 million as of September 30, 2024, from ¥102,701 million at March 31, 2024.

• Net assets increased to ¥86,193 million, with an equity ratio of 84.7%.

• Cash and cash equivalents at period end were ¥52,181 million, down from ¥54,187 million at the start of the period.

Outlook and guidance

• Full-year forecast for the year ending March 31, 2025: net sales of ¥110,000 million (up 3.9% year-over-year), operating profit of ¥9,000 million (up 13.5%), and profit attributable to owners of parent of ¥6,000 million (up 8.2%).

• Earnings per share for the full year projected at ¥175.74.

• Annual dividend forecast raised to ¥80.00 per share.