Nadex Co (7435) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended October 31, 2024, were ¥16,537 million, up 2.6% year-over-year.

• Operating profit was a loss of ¥96 million, compared to a profit of ¥346 million in the prior year.

• Ordinary profit was a loss of ¥27 million, down from a profit of ¥471 million year-over-year.

• Profit attributable to owners of parent was a loss of ¥391 million, compared to a profit of ¥311 million last year.

• Comprehensive income for the period was a loss of ¥775 million, versus a profit of ¥924 million in the prior year.

Financial highlights

• Basic earnings per share for the period were negative ¥46.15, compared to ¥33.84 last year.

• Total assets as of October 31, 2024, were ¥29,711 million, down from ¥31,287 million as of April 30, 2024.

• Net assets decreased to ¥18,166 million from ¥19,449 million at the previous fiscal year-end.

• Capital adequacy ratio declined to 60.6% from 61.7% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast is ¥37,300 million, up 8.5% year-over-year.

• Operating profit forecast is ¥650 million, down 32.4% year-over-year.

• Ordinary profit forecast is ¥740 million, down 39.1% year-over-year.

• Profit attributable to owners of parent is forecast at ¥150 million, down 81.6% year-over-year.

• Basic earnings per share for the full year are projected at ¥17.66.