CKD (6407) Q2 2025 earnings summary

Executive summary

• Net sales rose 13.9% year-over-year to ¥75,761 million for the six months ended September 30, 2024, with operating profit up 51.2% to ¥9,164 million and profit attributable to owners of parent up 60.1% to ¥6,340 million.

• Growth was driven by strong demand in the semiconductor and automotive battery markets, especially in generative AI-related investments and electrification trends.

Financial highlights

• Gross profit increased to ¥22,040 million from ¥18,546 million year-over-year.

• Ordinary profit rose 51.9% to ¥9,223 million, and basic earnings per share increased to ¥94.96 from ¥59.36.

• Comprehensive income declined to ¥4,076 million from ¥6,444 million due to negative other comprehensive income items.

• Cash and cash equivalents at period end were ¥27,054 million, down ¥685 million from the previous year-end.

Outlook and guidance

• Full-year forecast remains unchanged: net sales of ¥148,000 million (+10.1% YoY), operating profit of ¥17,500 million (+33.4%), and profit attributable to owners of parent of ¥11,800 million (+41.5%).

• Annual dividend forecast raised to ¥79.00 per share.