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Alps Alpine (6770) investor relations material
Alps Alpine Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for the six months ended September 30, 2025, rose 3.1% year-over-year to ¥505.7 billion, with operating income up 89% to ¥21.2 billion, driven by strong component and mobility business performance.
Profit attributable to owners of parent was ¥13.2 billion, a significant increase from ¥1.0 billion a year earlier.
Upward revision of full-year sales and earnings forecast based on robust first-half results and postponed development expenses.
Structural reforms, cost controls, and new product launches contributed to improved profitability.
The business environment was marked by global uncertainty, yen appreciation, and US tariffs, but stabilization in automotive and robust demand in mobile and consumer markets supported results.
Financial highlights
Ordinary income rose 201.6% year-over-year to ¥24.7 billion, aided by a ¥5.5 billion share of profit from equity-method affiliates, mainly due to real estate securitization.
Basic earnings per share increased to ¥65.19 from ¥4.93 year-over-year.
Comprehensive income reached ¥24.6 billion, reversing a loss of ¥7.9 billion in the prior year.
Q2 sales and operating income exceeded July 31 forecast.
FX losses were recorded, but equity in earnings of affiliates increased.
Outlook and guidance
Full-year FY2025 sales forecast revised upward to ¥975.0 billion, with operating income forecast at ¥32.0 billion and profit attributable to owners of parent of ¥17.0 billion.
Exchange rate assumption for 2H changed to USD/JPY 145, EUR/JPY 170, CNY/JPY 20.5.
Tariff payments expected to be lower than originally planned.
Market conditions assumed to remain stable; European semiconductor risk not yet reflected.
Earnings forecasts remain sensitive to FX and market demand.
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