Micronics Japan (6871) Q2 2025 earnings summary

Executive summary

• Net sales for Q2 FY2025 reached ¥18,996 million, up 34.5% sequentially and 32.1% year-over-year, driven by strong probe card demand, especially for DRAM memory applications.

• Net sales for the six months ended June 30, 2025 rose 26.6% year-over-year to ¥33,120 million, with operating profit up 31.3% to ¥7,569 million and profit attributable to owners up 29.6% to ¥4,774 million.

• Operating profit for Q2 FY2025 was ¥4,711 million, a 64.9% increase from the previous quarter and 44.7% higher year-over-year.

• Net income attributable to owners was ¥3,101 million, up 85.3% sequentially and 28.4% year-over-year.

• Comprehensive income decreased 13.5% year-over-year to ¥4,363 million for the six-month period.

Financial highlights

• Gross profit for the first half rose 30.6% year-over-year to ¥16,401 million.

• Basic earnings per share for the six months ended June 30, 2025 was ¥123.44, up from ¥95.53 year-over-year.

• Total assets as of June 30, 2025 were ¥81,634 million, up from ¥79,990 million at the previous year-end.

• Net assets increased to ¥52,002 million, with an equity-to-asset ratio of 63.7%.

• Cash and cash equivalents at period end were ¥15,299 million, down from ¥22,455 million at the start of the period.

Outlook and guidance

• FY2025 full-year net sales forecast is ¥68,900 million, up 23.8% year-over-year.

• Operating profit is projected at ¥13,800 million, a 9.8% increase year-over-year.

• Net income is expected to reach ¥9,200 million, up 4.4% year-over-year.

• Dividend forecast is ¥72 per share, a 2.9% increase.

• Basic earnings per share for the full year is forecast at ¥237.83.