Taiheiyo Cement (5233) Q2 2025 earnings summary

Executive summary

• Net sales rose 6% year-over-year to 443,676 million yen, with operating profit up 105% to 36,389 million yen.

• Profit attributable to owners of parent more than doubled to 30,192 million yen.

• Interim dividends set at 40 yen/share; full-year dividend forecast raised to 80 yen/share.

• Share repurchase program up to 15.0 billion yen initiated in October; treasury shares decreased.

• Comprehensive income increased 58.3% year-over-year to 71,113 million yen.

Financial highlights

• Gross profit increased to 105,570 million yen from 84,860 million yen year-over-year.

• Basic EPS rose to 261.2 yen from 116.2 yen year-over-year.

• Total assets grew to 1,392,300 million yen as of September 30, 2024.

• Net sales rose to 443,676 million yen (+6%) and operating profit to 36,389 million yen (+105%) year-over-year.

• Extraordinary income of 4,499 million yen recorded, boosting profit before tax.

Outlook and guidance

• Full-year net sales forecast at 915 billion yen, up 3.2% year-over-year.

• Operating profit projected at 78 billion yen, up 38.1% year-over-year.

• Profit attributable to owners of parent expected to reach 56,000 million yen, up 29.4% year-over-year.

• Dividend per share planned at 80 yen, up 10 yen from previous year.

• Domestic cement demand forecast at 33 million tons, down 4.6% year-over-year.