Nitto Kohki (6151) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, were ¥13,497 million, down 3.2% year-over-year.

• Operating profit declined 15.4% year-over-year to ¥1,387 million.

• Profit attributable to owners of parent decreased 24.0% year-over-year to ¥938 million.

• Comprehensive income for the period was ¥1,616 million, down from ¥2,186 million a year earlier.

Financial highlights

• Gross profit for the period was ¥6,306 million, compared to ¥6,441 million in the prior year.

• Earnings per share for the six months were ¥50.12, down from ¥62.26 year-over-year.

• Total assets increased to ¥66,306 million as of September 30, 2024, from ¥65,066 million at March 31, 2024.

• Net assets rose to ¥58,084 million, with an equity ratio of 87.6%.

• Cash and cash equivalents at period end were ¥14,153 million, down from ¥17,418 million a year earlier.

Outlook and guidance

• Full-year net sales forecast is ¥28,240 million, up 4.3% year-over-year.

• Operating profit for the year is projected at ¥3,060 million, up 3.4% year-over-year.

• Profit attributable to owners of parent is forecast at ¥2,220 million, up 1.9% year-over-year.

• Full-year earnings per share forecast is ¥117.37.

• Annual dividend forecast is ¥48.00 per share.