Hi-Lex (7279) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended April 30, 2025, were ¥152,347 million, down 1.3% year-over-year.

• Operating profit rose significantly to ¥2,343 million from ¥163 million, an increase of 1,337.4% year-over-year.

• Ordinary profit increased to ¥3,240 million, up 62.9% year-over-year.

• Profit attributable to owners of parent surged to ¥1,779 million from ¥192 million, up 823.8% year-over-year.

• Comprehensive income for the period was ¥4,296 million, a decrease of 14.6% year-over-year.

Financial highlights

• Basic earnings per share for the six months ended April 30, 2025, was ¥47.42, compared to ¥5.13 in the prior year.

• Total assets as of April 30, 2025, were ¥269,917 million, slightly down from ¥270,260 million as of October 31, 2024.

• Net assets increased to ¥187,849 million from ¥184,587 million at the previous fiscal year-end.

• Equity-to-asset ratio improved to 63.8% from 62.5% as of October 31, 2024.

Outlook and guidance

• Full-year net sales forecast for the year ending October 31, 2025, is ¥298,800 million, up 3.1% year-over-year.

• Operating profit is projected at ¥2,400 million, a 557.3% increase year-over-year.

• Ordinary profit is forecast at ¥4,500 million, up 65.0% year-over-year.

• Profit attributable to owners of parent is expected to reach ¥2,000 million, up 1.3% year-over-year.

• Annual dividend forecast is ¥46.00 per share, up from ¥40.00 in the previous year.