Metalart Corporation (5644) Q2 2025 earnings summary

Executive summary

• Revenue for the April–September 2024 period was reported as ¥24.3 billion, up 6.9% year-over-year, while another source states revenue was ¥21,747 million, a 6.9% decrease year-over-year due to sluggish demand in construction and agricultural machinery and partial recovery in automotive parts.

• Operating income figures differ: one source reports an increase to ¥1.59 billion (up 14.0%), while another notes a decline to ¥1,455 million (down 14.0%), impacted by higher development and depreciation costs.

• Net income reached ¥1.07 billion, with one source noting a 9.9% increase and another a 9.9% decrease, including compensation from a customer shipment suspension.

Financial highlights

• Automotive segment revenue grew from ¥18.4 billion to ¥21.7 billion, a 17.9% increase year-over-year, while another source reports automotive parts sales at ¥18,325 million (down 0.8%).

• Construction machinery segment revenue decreased from ¥2.6 billion to ¥2.1 billion (down 19.2%), with another source reporting sales at ¥2,623 million (down 32.1%).

• Other segment revenue declined from ¥1.0 billion to ¥0.7 billion (down 30%), and other parts sales were ¥423 million (down 17.5%).

• Gross profit for the period was ¥2,626 million, down from ¥2,851 million year-over-year.

• Comprehensive income dropped 48.3% year-over-year to ¥1,088 million.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥45,400 million, with operating income projected at ¥2,070 million and net income at ¥1,520 million.

• Continued focus on transforming to a sustainable business structure, with ongoing investments in development and production preparation.