AINAVO HOLDINGS (7539) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended March 31, 2025, increased by 2.8% year-over-year to ¥47,450 million, with operating profit up 1.5% to ¥1,593 million and net profit attributable to shareholders up 0.5% to ¥1,084 million.

• Segment results: Detached housing revenue rose 3.0% but segment profit declined 0.3%; large-scale property revenue increased 1.7% with segment profit up 17.5%.

Financial highlights

• Gross profit rose 5.5% year-over-year, supporting modest increases in operating and ordinary profit.

• Comprehensive income decreased 12.6% year-over-year to ¥1,032 million.

• EPS for the period was ¥46.81, reflecting a stock split adjustment.

• Total assets at March 31, 2025, were ¥47,446 million, up ¥2,484 million from the previous fiscal year-end.

• Equity ratio was 54.2%, down from 55.3% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast is ¥92,700 million (+3.2% YoY), with operating profit of ¥2,250 million (+3.6%) and net profit of ¥1,550 million (+22.1%).

• No changes to previously announced guidance.