Central Automotive Products (8117) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 2024 was ¥19,439 million, up 1.0% year-over-year.

• Operating income rose 3.6% to ¥5,172 million, and net income attributable to shareholders increased 7.9% to ¥4,171 million compared to the same period last year.

• Despite a decline in domestic new car sales, the group focused on expanding high-value original products and strengthening new business initiatives.

Financial highlights

• Gross profit increased to ¥8,590 million from ¥8,202 million year-over-year.

• Ordinary income was ¥5,926 million, up 6.1% year-over-year.

• EPS for the period was ¥226.66, up from ¥210.26 in the prior year.

• Comprehensive income decreased 22.2% to ¥3,812 million.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥41,000 million, up 4.2% year-over-year.

• Operating income is projected at ¥11,800 million (+6.2%), ordinary income at ¥10,800 million (+4.8%), and net income at ¥8,100 million (+2.2%).

• Full-year EPS forecast is ¥439.97.

• Dividend forecast revised upward to ¥138 per share for the year.