Fujii Sangyo (9906) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2024, increased by 3.8% year-over-year to ¥42,561 million, while operating income declined by 1.9% to ¥2,085 million and net income attributable to shareholders decreased by 2.1% to ¥1,504 million.

• The decrease in net income was mainly due to the absence of a one-time gain from the sale of investment securities recorded in the previous year.

• The company continues to pursue sustainable growth and enhanced corporate value amid a recovering domestic economy, but faces cost pressures from yen depreciation and rising material prices.

Financial highlights

• Gross profit for the period was ¥7,159 million, up from ¥6,919 million year-over-year.

• Ordinary income rose 1.0% year-over-year to ¥2,437 million.

• Comprehensive income declined to ¥1,387 million from ¥1,900 million in the prior year.

• Total assets at period-end were ¥62,316 million, down from ¥64,630 million at the previous fiscal year-end.

• Net assets increased to ¥37,421 million from ¥36,731 million at the previous fiscal year-end.

Outlook and guidance

• Full-year revenue is forecast at ¥98,000 million, up 7.6% year-over-year, with operating income of ¥5,200 million (+6.9%) and net income attributable to shareholders of ¥3,400 million (+7.0%).

• No changes have been made to the previously announced earnings forecast.