Honyaku Center (2483) Q2 2025 earnings summary

Executive summary

• Net sales for the six-month period ended September 30, 2024, rose 0.6% year-over-year to ¥5,467 million, with stable performance in the core Translation Business and strong growth in the Interpretation Business.

• Operating income increased 0.4% year-over-year to ¥352 million, while ordinary income declined 2.4% to ¥355 million, mainly due to a lower share of profit from equity-method affiliates.

• Net income attributable to shareholders decreased 2.0% year-over-year to ¥232 million.

Financial highlights

• Gross profit for the period was ¥2,581 million, up from ¥2,555 million in the prior year.

• Net income per share was ¥69.41, compared to ¥70.97 in the previous year.

• Comprehensive income was ¥248 million, nearly flat year-over-year.

• Cash and cash equivalents at period-end were ¥4,587 million, up ¥97 million from the previous fiscal year-end.

Outlook and guidance

• Full-year forecast for FY ending March 31, 2025: net sales ¥12,100 million (+7.0% YoY), operating income ¥1,050 million (+16.3%), ordinary income ¥1,080 million (+15.0%), net income ¥720 million (+1.2%), EPS ¥215.07.

• No change to previously disclosed full-year guidance.