Fukuyama Transporting (9075) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, rose 3.9% year-over-year to ¥146,804 million, while operating profit declined 28.1% to ¥4,485 million.

• Ordinary profit decreased 15.1% year-over-year to ¥6,090 million, and profit attributable to owners of parent increased 24.5% to ¥5,460 million.

• Earnings per share for the period were ¥135.01, up from ¥108.32 in the prior year.

Financial highlights

• Gross profit fell from ¥10,363 million to ¥8,977 million year-over-year, with cost of sales increasing to ¥137,826 million.

• Total assets as of September 30, 2024, were ¥493,619 million, down from ¥503,391 million at March 31, 2024.

• Net assets decreased to ¥289,024 million from ¥296,415 million at the previous fiscal year-end.

• Cash and cash equivalents at period-end were ¥28,920 million, down from ¥37,487 million a year earlier.

Outlook and guidance

• Full-year net sales are forecast at ¥300,700 million, up 4.6% year-over-year.

• Operating profit is projected to decline 35.9% to ¥6,700 million, with profit attributable to owners of parent expected to fall 29.9% to ¥8,000 million.

• Full-year earnings per share are forecast at ¥198.99.

• Annual dividend forecast is ¥70.00 per share.