Aichi Steel (5482) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2024, was ¥144,963 million, down 2.9% year-over-year.

• Operating profit declined 30.2% to ¥3,298 million compared to the same period last year.

• Profit attributable to owners of the parent dropped 48.3% year-over-year to ¥1,683 million.

• Comprehensive income decreased to ¥4,362 million from ¥9,764 million year-over-year.

Financial highlights

• Gross profit fell to ¥16,631 million from ¥19,328 million year-over-year.

• Basic and diluted EPS were ¥85.23, down from ¥164.91 in the prior year period.

• Total assets as of September 30, 2024, were ¥431,093 million, with total equity at ¥264,183 million.

• Net cash provided by operating activities was ¥8,434 million, down from ¥15,637 million year-over-year.

• Cash and cash equivalents at period end were ¥34,245 million, down from ¥46,546 million at the previous year-end.

Outlook and guidance

• Full-year revenue forecast is ¥300,000 million, up 1.2% year-over-year.

• Operating profit is projected at ¥10,000 million, down 3.6% year-over-year.

• Profit attributable to owners of the parent is forecast at ¥6,400 million, a 2.9% decrease year-over-year.

• Basic earnings per share for the full year are expected to be ¥324.11.

• Dividend forecast revised to ¥140 per share for the fiscal year ending March 31, 2025.