GOLDCREST Co (8871) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, rose 118.0% year-over-year to ¥13,708 million, with operating profit up 855.3% to ¥3,648 million and profit attributable to owners of parent up to ¥2,371 million from ¥57 million.

• The company benefited from strong demand for new condominiums in Tokyo, despite higher construction costs and limited supply.

Financial highlights

• Ordinary profit increased to ¥3,482 million from ¥286 million year-over-year.

• Basic earnings per share rose to ¥71.34 from ¥1.73 year-over-year.

• Comprehensive income reached ¥2,373 million, up from ¥58 million year-over-year.

• Equity-to-asset ratio improved to 67.8% as of September 30, 2024.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2025, remains unchanged: net sales ¥26,500 million, operating profit ¥6,300 million, profit attributable to owners of parent ¥4,000 million, and basic EPS ¥120.35.

• Annual dividend forecast maintained at ¥80.00 per share.