Kunimine Industries (5388) Q2 2025 earnings summary

Executive summary

• Sales/revenue for the period was ¥7,364 million, down 0.5% year-over-year, with operating profit up 12.4% to ¥461 million, despite a decrease in sales volume due to price revisions.

• Ordinary profit declined 15.9% year-over-year to ¥581 million, mainly due to the absence of previous foreign exchange gains.

• Net income attributable to parent company shareholders decreased 20.7% year-over-year to ¥374 million.

Financial highlights

• Gross profit was ¥2,041 million, up slightly from ¥2,027 million year-over-year.

• EPS for the period was ¥30.53, compared to ¥37.88 in the prior year.

• Comprehensive income was ¥585 million, down 16.9% year-over-year.

• Operating margin improved by 0.7 points to 6.3%.

Outlook and guidance

• Full-year sales/revenue forecast: ¥16,300 million (up 4.0% year-over-year).

• Full-year operating profit forecast: ¥1,380 million (up 12.1% year-over-year).

• Ordinary profit expected to decrease 5.2% due to loss of FX gains.

• Net income forecast: ¥1,037 million (down 0.6% or up 0.6% year-over-year, depending on source).

• No changes to previously announced guidance.