Toyoda Gosei (7282) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2024 was ¥515.9 billion, down 1.3% year-over-year, mainly due to lower client production volumes in all regions except India.

• Operating profit declined 14.3% year-over-year to ¥28.8 billion, and profit attributable to owners of parent fell 21.7% to ¥18.2 billion, impacted by lower sales and higher fixed costs.

• Despite rationalization efforts and yen depreciation, comprehensive income dropped sharply to ¥10.2 billion from ¥57.4 billion a year earlier.

Financial highlights

• Gross profit increased to ¥74.6 billion from ¥72.9 billion year-over-year, but operating profit fell to ¥28.9 billion from ¥33.7 billion.

• Basic earnings per share decreased to ¥143.36 from ¥179.72 year-over-year.

• Total assets as of September 30, 2024 were ¥907.9 billion, down from ¥933.3 billion at the previous fiscal year-end.

• Net cash provided by operating activities was ¥39.0 billion, down from ¥68.9 billion in the prior year period.

Outlook and guidance

• Full-year forecasts remain unchanged: revenue of ¥1,050.0 billion (up 2.0% year-over-year), operating profit of ¥53.0 billion (down 21.7%), and profit attributable to owners of parent of ¥37.0 billion (down 28.1%).

• Dividend forecast for the fiscal year is ¥105.00 per share, up from ¥95.00 in the previous year.

• Exchange rate assumption for the second half is ¥145 to US$1.