Impress (9479) Q2 2025 earnings summary

Executive summary

• Operating loss narrowed to ¥270 million, an improvement of ¥99 million year-over-year, driven by business structure reforms and cost reductions, despite lower sales.

• Consolidated sales/revenue were ¥6,852 million, down 2.6% year-over-year, mainly due to declines in publishing and solutions segments, offset by growth in platform business.

• Net loss attributable to shareholders was ¥266 million, a reduction from ¥371 million loss in the prior year period.

• Business structure reforms focused on publishing, including product rationalization and fixed cost reductions.

• Net media and platform businesses remained solid, while publishing saw a shift to increased sales in existing titles due to reduced returns.

Financial highlights

• Sales: ¥6,852 million (down 2.6% year-over-year).

• Operating loss: ¥270 million (improved by ¥99 million year-over-year).

• Ordinary loss: ¥243 million (improved by ¥90 million year-over-year).

• Net loss: ¥266 million (improved by ¥104 million year-over-year).

• Gross profit was ¥2,387 million, up slightly from ¥2,362 million year-over-year.

Outlook and guidance

• Full-year forecast revised downward due to underperformance in publishing, target media, and solution businesses.

• Full-year revenue forecast is ¥14,560 million, up 0.6% year-over-year.

• Operating profit for the full year is now forecast at ¥50 million, a ¥534 million improvement from the previous year.

• Second half expected to see sales and operating profit in line with initial forecasts, with a projected ¥70 million increase in operating profit.

• Cost reductions of ¥120 million are being implemented, with further improvements in publishing profitability anticipated.