F.C.C. (7296) Q2 2025 earnings summary

Executive summary

• H1 FY2025 revenue rose 8.9% YoY to ¥127,323 million, operating profit increased 55.3% to ¥10,025 million, and profit attributable to owners of parent rose 28.8% to ¥7,701 million.

• Comprehensive income fell to ¥650 million from ¥19,411 million, mainly due to negative FX differences and fair-value changes in financial assets.

Financial highlights

• Gross profit increased to ¥23,751 million from ¥19,022 million; basic EPS rose to ¥156.07 from ¥120.18.

• Total assets were ¥238,069 million; equity attributable to owners of parent was ¥182,530 million, 76.7% of total assets.

• Cash and cash equivalents were ¥76,621 million, down from ¥82,028 million at the previous fiscal year-end.

Outlook and guidance

• FY2025 revenue forecast increased to ¥243,000 million, up 1.1%; operating profit guidance remained ¥16,000 million, up 5.9%, and profit attributable to owners of parent is forecast at ¥12,400 million, up 1.4%.

• FY2025 profit before income taxes is forecast at ¥17,000 million, down 11.3%; basic EPS is forecast at ¥253.08.

• H2 revenue is forecast at ¥115.6 billion and operating profit at ¥5.9 billion, below H1, reflecting FX, China risk, seasonality and revised R&D spending plans.

• Higher R&D expense, forecast at 3.9% of sales, is partly offset by lower product-warranty expenses and favorable revenue/model mix.