eBASE (3835) Q2 2025 earnings summary

Executive summary

• FY2025 2Q consolidated net sales rose 6.7% year-over-year to 2,530 million yen, with both eBASE and eBASE-PLUS segments contributing to growth.

• Ordinary income for 2Q increased 15.4% year-over-year to 734 million yen, reflecting strong operational performance.

• Net income for 2Q reached 487 million yen, up 9.6% compared to the same period last year.

• Operating profit for the six months ended September 30, 2024, rose 11.7% to 701 million yen.

• Both BtoB and BtoBtoC business strategies advanced, with notable progress in digital transformation and consumer app initiatives.

Financial highlights

• eBASE Business 2Q net sales grew to 1,237 million yen (+12.5% YoY); ordinary income reached 517 million yen (+15.7% YoY).

• eBASE-PLUS Business 2Q net sales were 1,302 million yen (+2.4% YoY); ordinary income was 217 million yen (+14.9% YoY).

• Gross profit rose to 1,295.9 million yen from 1,188.9 million yen year-over-year.

• Total assets decreased to 7,390 million yen as of September 30, 2024, from 7,809 million yen at March 31, 2024.

• Net assets declined to 6,773 million yen from 6,941 million yen at the previous fiscal year-end.

Outlook and guidance

• FY2025 full-year forecast projects 5,500 million yen in net sales (+5.9% YoY), ordinary income of 1,850 million yen (+11.3% YoY), and net income of 1,200 million yen (+12.2% YoY).

• Full-year operating profit is projected at 1,800 million yen (+9.0%), and basic earnings per share at 27.50 yen.

• Both eBASE and eBASE-PLUS segments are expected to maintain growth, with continued focus on digital transformation and expanding consumer app adoption.