Miura (6005) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2024, rose 58.8% year-over-year to ¥111,374 million, driven by strong overseas growth and the Cleaver-Brooks acquisition.

• Operating profit increased 26.1% to ¥12,433 million, and profit attributable to owners of parent rose 16.3% to ¥10,343 million.

• Overseas segments saw significant expansion, especially in maintenance and manufacturing, due to M&A activity.

Financial highlights

• Gross profit reached ¥42,992 million, up from ¥29,973 million year-over-year.

• Basic earnings per share increased to ¥93.80 from ¥80.07 year-over-year.

• Net cash provided by operating activities was ¥8,475 million, while investing activities used ¥120,118 million, mainly for acquisitions.

• Cash and cash equivalents at period end were ¥46,277 million, up ¥8,990 million from the previous year-end.

Outlook and guidance

• Full-year revenue forecast for FY2025 is ¥257,000 million, a 60.9% increase year-over-year.

• Forecasts for operating profit, profit before income taxes, and EPS are undetermined due to uncertainties.