Fujimi (5384) Q2 2025 earnings summary

Executive summary

• Net sales rose 21.3% year-over-year to ¥30,746 million for the six months ended September 30, 2024, driven by strong demand in semiconductor-related products and recovery in silicon wafer and hard disk markets.

• Operating profit increased 44.4% year-over-year to ¥5,702 million, with profit attributable to owners of parent up 29.4% to ¥4,370 million.

• All major geographic segments (Japan, North America, Asia, Europe) and product applications (silicon wafers, semiconductor devices, hard disks, general industries) reported double-digit sales and profit growth.

Financial highlights

• Gross profit improved to ¥13,263 million from ¥10,668 million year-over-year, with gross margin expansion.

• Earnings per share (EPS) increased to ¥58.91 from ¥45.53 year-over-year, reflecting a 3-for-1 stock split.

• Total assets grew to ¥85,476 million, and net assets to ¥73,679 million as of September 30, 2024.

• Net cash provided by operating activities was ¥6,798 million, up from ¥4,303 million year-over-year.

Outlook and guidance

• Full-year net sales forecast at ¥61,100 million (up 18.8% year-over-year), operating profit at ¥10,650 million (up 29.1%), and profit attributable to owners of parent at ¥8,350 million (up 28.5%).

• EPS for the full year projected at ¥112.56.

• No revisions to the financial forecast as of the reporting date.