NAGAWA (9663) Q2 2025 earnings summary

Executive summary

• Net sales rose 9.3% year-over-year to ¥16,335 million for the six months ended September 30, 2024.

• Operating profit increased 2.4% year-over-year to ¥1,835 million, while ordinary profit grew 6.1% to ¥2,139 million.

• Profit attributable to owners of parent was ¥1,421 million, up 8.3% year-over-year.

• Comprehensive income declined 48.9% year-over-year to ¥1,419 million.

Financial highlights

• Gross profit improved to ¥6,433 million from ¥6,185 million year-over-year.

• Basic earnings per share increased to ¥90.50 from ¥83.54 year-over-year.

• Total assets reached ¥67,325 million as of September 30, 2024, up from ¥66,876 million at March 31, 2024.

• Net assets rose to ¥60,201 million, with a capital adequacy ratio of 89.4%.

Outlook and guidance

• Full-year net sales forecast at ¥36,000 million, up 10.5% year-over-year.

• Operating profit projected at ¥5,200 million (22.6% increase), ordinary profit at ¥5,400 million (16.3% increase), and profit attributable to owners of parent at ¥3,700 million (18.6% increase).

• Basic earnings per share for the full year forecasted at ¥235.36.

• No revisions to previously announced forecasts.