Daitron (7609) Q2 2025 earnings summary

Executive summary

• Achieved strong year-over-year growth in 2Q FY2025, with net sales up 9.1% to ¥48,852 million and operating income up 40% to ¥3,723 million; net income attributable to shareholders rose 35.6% to ¥2,555 million.

• Growth was driven by robust overseas sales, especially in Asia and Europe, and strong demand in AI and IoT sectors, as well as expansion of original products and new business initiatives.

• Strategic focus on expanding original products, overseas business, and new business creation under the 11M Medium-Term Plan.

Financial highlights

• 2Q FY2025 net sales: ¥48,852 million (109.1% y/y); operating income: ¥3,723 million (140.0% y/y); ordinary income: ¥3,651 million (129.2% y/y); net income: ¥2,555 million (135.6% y/y).

• Gross profit increased to ¥10,123 million from ¥8,700 million year-over-year; operating margin improved.

• Net income per share rose to ¥239.66 from ¥169.71 year-over-year.

• Cash and equivalents at period-end were ¥19,614 million, up ¥73 million from the previous year-end.

• Overseas sales increased by ¥3,607 million y/y, with Asia and Europe showing the largest gains.

Outlook and guidance

• Full-year FY2025 forecast: net sales ¥95,000 million (102.4% y/y), operating income ¥6,350 million (100.2% y/y), net income ¥4,400 million (100.4% y/y), EPS expected at ¥415.40.

• No changes to previously announced guidance.

• Aims for sustained expansion in net sales and operating income, targeting over ¥100 billion in sales by 2030.