Hamai Industries (6497) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of FY2025 rose 10.1% year-over-year to ¥6,491 million, driven by increased sales in LPG container valves and higher prices for brass scrap.

• Operating profit increased 2.7% year-over-year to ¥584 million, while net profit attributable to shareholders surged to ¥444 million, reflecting the absence of prior-year antitrust losses.

• Comprehensive income rose 53.1% year-over-year to ¥738 million.

Financial highlights

• Gross profit improved due to higher sales, but cost ratios increased from ongoing material price hikes.

• Net profit attributable to shareholders jumped 1,982.7% year-over-year, mainly due to the absence of special antitrust losses recorded last year.

• Total assets at June 30, 2025, were ¥21,728 million, up from ¥21,646 million at the previous year-end.

• Equity ratio improved to 76.7% from 74.2% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast is ¥12,300 million, up 1.7% year-over-year, with operating profit of ¥1,150 million and net profit of ¥1,050 million.

• No changes to previously announced guidance; management will promptly disclose any revisions if needed.