Daytona (7228) Q2 2025 earnings summary

Executive summary

• H1 FY2025 revenue rose 7.6% YoY to ¥7,356m, operating profit rose 10.6% to ¥851m, and net income rose 5.9% to ¥586m.

• Domestic and Asian wholesale growth offset weaker retail sales; full-year guidance remains unchanged.

Financial highlights

• H1 revenue was ¥7,356m, gross profit ¥2,833m, SG&A ¥1,982m, operating profit ¥851m and ordinary profit ¥870m.

• Net income attributable to owners was ¥586m and EPS was ¥246.89, up from ¥233.70 a year earlier.

• Quarterly revenue was ¥3,356m in Q1 and ¥3,999m in Q2; operating profit was ¥337m and ¥513m, respectively.

• Comprehensive income decreased 8.8% YoY to ¥531m.

Outlook and guidance

• FY2025 guidance is unchanged: revenue ¥14,858m (+1.9% YoY), operating profit ¥1,610m (-6.1%), ordinary profit ¥1,640m (-5.9%) and net income ¥1,103m (-8.7%).

• Forecast EPS is ¥464.69 and the annual dividend forecast is ¥135 per share, up ¥6 YoY.

• Indonesia’s nine-month consolidation period weighs on reported FY2025 profit; on a 12-month basis, revenue of ¥1,938m and profit of ¥367m are planned.

• 2027 targets are revenue of ¥17,170m and operating profit of ¥2,064m, with operating margin of at least 11%.