RIX CORPORATION (7525) Q2 2025 earnings summary

Executive summary

• Net sales rose 9.9% year-over-year to ¥26,009 million for the six months ended September 30, 2024, driven by strong performance in Steel and Iron, Automobile, and Electronics and Semiconductor segments.

• Operating profit declined 3.5% year-over-year to ¥1,696 million, and profit attributable to owners of parent fell 14.5% to ¥1,213 million, mainly due to higher SG&A expenses from investments in human resources and IT.

• Comprehensive income decreased 27.8% year-over-year to ¥1,374 million.

Financial highlights

• Gross profit increased to ¥6,395 million from ¥6,044 million year-over-year, while SG&A expenses rose to ¥4,699 million from ¥4,286 million.

• Ordinary profit was ¥1,893 million, down 6.8% year-over-year.

• Basic earnings per share decreased to ¥149.98 from ¥175.56 year-over-year.

• Cash and cash equivalents at period-end were ¥7,250 million, up from ¥6,739 million a year earlier.

Outlook and guidance

• Full-year net sales forecast revised upward to ¥52,000 million (up 4.5% year-over-year), with operating profit expected at ¥3,450 million (down 2.7%) and profit attributable to owners of parent at ¥2,440 million (down 12.2%).

• Year-end dividend forecast raised to ¥71.00 per share, total annual dividend projected at ¥141.00 per share.

• Continued strong performance anticipated in Steel and Iron, Automobile, Electronics and Semiconductor, and Environment segments.