Central Security Patrols Co (9740) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended August 31, 2024, increased 3.3% year-over-year to ¥34,798 million, with operating profit up 0.6% to ¥2,241 million and recurring profit up 0.4% to ¥2,346 million.

• Net income attributable to shareholders dropped 59.2% year-over-year to ¥1,819 million, mainly due to the absence of prior year one-time gains and a special gain from securities sales this period.

• The company sold all shares of Nihon Housing, recording a ¥579 million gain as special income.

Financial highlights

• Gross profit was ¥7,905 million, up from ¥7,813 million year-over-year.

• Operating profit was ¥2,241 million (up 0.6%), recurring profit ¥2,346 million (up 0.4%), and net income ¥1,819 million (down 59.2%).

• EPS for the period was ¥124.71, down from ¥305.77 year-over-year.

• Total assets at period-end were ¥62,741 million, down 2.6% from the previous year-end.

• Equity ratio improved to 61.2% from 57.9% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast is ¥69,200 million (up 1.7%), operating profit ¥4,350 million (up 0.8%), recurring profit ¥4,550 million (up 0.4%), and net income ¥2,850 million (up 47.0%).

• No change to previously announced full-year guidance.

• Full-year EPS forecast is ¥195.37.