Senshu Electric Co (9824) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended April 30, 2025, rose 4.3% year-over-year to ¥68,982 million, while operating profit declined 6.0% to ¥4,798 million.

• Ordinary profit decreased 5.7% year-over-year to ¥5,025 million, and profit attributable to owners of parent fell 7.3% to ¥3,405 million.

• Comprehensive income dropped 24.2% year-over-year to ¥3,319 million.

Financial highlights

• Gross profit for the six months was ¥10,467 million, nearly flat year-over-year.

• Total assets as of April 30, 2025, were ¥109,891 million, down from ¥112,457 million at the previous fiscal year-end.

• Net assets increased to ¥57,396 million from ¥55,601 million as of October 31, 2024.

• Equity-to-asset ratio improved to 51.8% from 49.1% at the previous year-end.

• Basic earnings per share for the six months was ¥195.64, down from ¥208.88 year-over-year.

Outlook and guidance

• Full-year fiscal 2025 guidance: net sales ¥140,000 million (+2.8% YoY), operating profit ¥11,000 million (+6.3%), ordinary profit ¥11,200 million (+4.1%), profit attributable to owners of parent ¥7,700 million (+1.6%).

• Full-year basic earnings per share forecast is ¥448.81.

• Dividend forecast revised upward to ¥150 per share for FY2025.