Axial Retailing (8255) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, rose 3.9% year-over-year to ¥137,812 million, while operating profit declined 6.3% to ¥5,815 million.

• Ordinary profit decreased 6.2% year-over-year to ¥5,938 million, and profit attributable to owners of parent fell 6.1% to ¥3,998 million.

• Comprehensive income for the period was ¥3,987 million, down 8.1% from the previous year.

Financial highlights

• Gross profit increased to ¥40,138 million from ¥38,810 million year-over-year.

• Basic earnings per share for the period was ¥44.16, adjusted for a four-for-one stock split.

• Net assets as of September 30, 2024, were ¥86,041 million, with an equity-to-asset ratio of 65.5%.

• Cash and cash equivalents at the end of the period were ¥19,159 million.

Outlook and guidance

• Full-year net sales forecast for the fiscal year ending March 31, 2025, is ¥280,000 million, up 3.6% year-over-year.

• Operating profit is projected at ¥12,500 million (+1.4% YoY), and profit attributable to owners of parent at ¥7,500 million (+0.8% YoY).

• Basic earnings per share for the full year is forecast at ¥82.84.