Ohashi Technica (7628) Q2 2025 earnings summary

Executive summary

• Net sales rose 8.4% year-over-year to ¥20,336 million in 2Q FY2025, driven by new orders in Japan and North America and yen depreciation, despite production cutbacks in Japan and China.

• Operating income increased 32.8% to ¥879 million, with improved gross margin from revised prices offsetting higher raw material costs.

• Net income attributable to owners of parent surged 310.1% to ¥758 million, reflecting higher sales and margin improvements.

Financial highlights

• Ordinary income increased 38.9% year-over-year to ¥1,132 million in 2Q FY2025.

• Net income per share jumped 318.9% to ¥57.55.

• Gross profit for the period was ¥4,219 million, up from ¥3,648 million in the prior year.

• Comprehensive income increased 55.0% year-on-year to ¥3,034 million.

• Cash and deposits at period-end were ¥22,382 million, up from ¥20,797 million at March 31, 2024.

Outlook and guidance

• FY2025 net sales forecast at ¥41,000 million, up 4.6% from FY2024.

• Operating income projected to rise 27.9% to ¥2,100 million; net income to increase 78.8% to ¥1,800 million.

• Net income per share expected to reach ¥136.55, up 81.9%.

• No change to previously announced forecasts.