JK Holdings (9896) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of FY2025 was ¥190.7 billion, down 0.2% year-over-year, maintaining nearly the same level as the previous year.

• Recurring profit decreased by 21.1% year-over-year to ¥3.47 billion, and net income attributable to shareholders fell 20.0% to ¥1.97 billion.

• Despite lower profits, both revenue and profit remain at higher levels compared to pre-wood shock periods.

Financial highlights

• Gross profit margin improved to 12.0% from 11.9% year-over-year.

• Operating profit was ¥3.28 billion, down 20.6% year-over-year.

• Comprehensive income for the period was ¥1.85 billion, down 37.2% year-over-year.

• EPS for the period was ¥68.13, compared to ¥85.08 in the prior year.

• Dividend forecast increased to ¥45 per share for the year, up from ¥40 last year.

Outlook and guidance

• Full-year revenue forecast is ¥400 billion, recurring profit ¥7 billion, and net income ¥5 billion.

• No changes have been made to the previously announced earnings forecast.

• The company is on track with its mid-term management plan, aiming for sustainable growth and enhanced profitability.