Hisaka Works (6247) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 2024 rose 9.0% year-over-year to ¥18,000 million, driven by strong performance in heat exchangers and process engineering.

• Operating income increased 32.6% year-over-year to ¥1,129 million, and net income attributable to shareholders rose 27.2% to ¥1,036 million.

• Orders received grew 4.9% year-over-year to ¥21,100 million, with process engineering and valve segments offsetting a decline in heat exchangers.

Financial highlights

• Gross profit increased to ¥4,528 million from ¥3,654 million year-over-year.

• Ordinary income rose 17.9% to ¥1,352 million, and comprehensive income dropped sharply to ¥584 million due to a decline in other comprehensive income.

• Total assets at September 30, 2024, were ¥80,398 million, down from ¥82,017 million at the previous fiscal year-end.

• Equity ratio improved to 74.1% from 73.1% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast revised to ¥37,000 million (up 8.2% year-over-year), with operating income projected at ¥2,200 million (up 10.5%) and net income at ¥1,800 million (up 25.6%).

• Dividend forecast remains unchanged at ¥42 per share for the full year.