NANYO (7417) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2024, was ¥17,657 million, down 2.4% year-over-year, but operating profit rose 11.9% to ¥1,343 million and net profit attributable to shareholders increased 13.0% to ¥984 million.

• All business segments saw profit growth despite mixed sales trends, with construction machinery and industrial equipment segments facing challenging market conditions.

Financial highlights

• Operating profit increased to ¥1,343 million (up 11.9% year-over-year), and ordinary profit rose to ¥1,497 million (up 9.8%).

• Net profit attributable to shareholders was ¥984 million, up 13.0% year-over-year.

• Gross profit margin improved as gross profit rose to ¥3,739 million from ¥3,461 million year-over-year.

• Cash and cash equivalents at period-end were ¥6,139 million, down ¥983 million from the previous year-end.

Outlook and guidance

• Full-year revenue is forecast at ¥36,500 million, down 3.9% year-over-year, with operating profit expected to decline 10.2% to ¥2,700 million and net profit to decrease 12.1% to ¥1,750 million.

• No changes to previously announced earnings or dividend forecasts.