EXEO Group (1951) Q2 2025 earnings summary

Executive summary

• Orders received increased by 12% year-over-year to ¥367.1bn for the interim period ended September 30, 2024.

• Net sales rose 3.1% year-over-year to ¥273,471 million for the six months ended September 30, 2024.

• Operating profit grew 11.9% year-over-year to ¥10,312 million, while ordinary profit declined 7% to ¥11,579 million.

• Profit attributable to owners of parent decreased 14.2% year-over-year to ¥6,300 million.

Financial highlights

• Gross profit increased to ¥37,481 million, with a gross margin of 13.7%.

• SG&A expenses remained flat at ¥27.1bn.

• Free cash flow for the interim period was ¥22.8bn, up from ¥6.0bn in the prior year.

• Cash and cash equivalents at period end were ¥49.6bn.

• Earnings per share for the period was ¥30.15, down from ¥34.54 year-over-year (adjusted for stock split).

Outlook and guidance

• Full-year net sales are projected at ¥630,000 million, up 2.6% year-over-year.

• Full-year operating profit is forecast at ¥36,000 million, a 5.5% increase year-over-year.

• Full-year profit attributable to owners of parent is expected to rise 11% to ¥22,310 million.

• Full-year earnings per share forecasted at ¥107.22.

• Dividend forecast for the year ending March 31, 2025, is ¥62.00 per share (post stock split).