KeePer Technical Laboratory (6036) Q2 2025 earnings summary

Executive summary

• Net sales for H1 FY06/2025 rose 13.0% year-over-year to 12,098 million yen, with operating profit up 21.4% to 4,031 million yen and net income up 21.4% to 2,747 million yen.

• Ordinary profit increased 20.7% to 4,012 million yen.

• All business segments reported sales and income growth, with notable strength in new car market and non-auto services.

• Store network expanded to 128 directly operated and 15 franchise stores by December 2024, with plans for 164 total stores by June 2025.

Financial highlights

• Gross profit margin for H1 FY06/2025 was 54.6%, with gross profit at 6,613 million yen, up from 5,831 million yen year-over-year.

• Operating profit margin improved to 33.3% (up 2.3 pts YoY); net income margin also increased.

• H1 net sales reached 49.4% of the full-year forecast, and operating profit reached 57.6% of forecast.

• Basic earnings per share increased to 100.66 yen from 82.95 yen year-over-year.

• Cash and deposits at period end were 4,419 million yen, up from 3,880 million yen a year earlier.

Outlook and guidance

• Full-year net sales forecast is 24,500 million yen, with 7,000 million yen operating profit and 4,800 million yen net income.

• Annual dividend forecast is 100 yen per share, unchanged from the previous forecast.

• Plans to open 31 new LABO stores in FY06/2025, targeting 140 directly managed and 24 franchise stores.

• Strategic alliance with Idemitsu Kosan aims for rapid expansion of car coating specialty stores nationwide.