Hosiden (6804) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 2024 was ¥116,173 million, down 7.0% year-over-year, mainly due to lower sales in amusement-related products despite increases in mobile communications and automotive segments.

• Operating profit rose 23.2% year-over-year to ¥7,969 million, driven by improved profitability in mobile communications and favorable product mix, as well as yen depreciation.

• Ordinary profit fell 42.5% year-over-year to ¥6,340 million due to a ¥2,253 million foreign exchange loss, reversing the prior year’s gain.

• Net income attributable to shareholders decreased 39.5% year-over-year to ¥4,426 million.

Financial highlights

• Gross profit for the period was ¥12,565 million, up from ¥11,302 million year-over-year.

• Comprehensive income dropped 40.6% year-over-year to ¥6,037 million.

• EPS for the period was ¥85.50, down from ¥140.53 in the previous year.

• Total assets at September 30, 2024, were ¥173,201 million, down ¥1,806 million from March 2024.

• Net assets increased by ¥4,694 million to ¥139,565 million, with an equity ratio of 80.6%.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥227,000 million, with operating profit and ordinary profit both projected at ¥9,200 million.

• Net income for the year is forecast at ¥6,400 million, with EPS of ¥123.20.

• Assumes an exchange rate of ¥151 per US dollar.