NIKKON Holdings (9072) Q2 2025 earnings summary

Executive summary

• Net sales for 1H FY2025/3 rose 11.1% year-over-year to ¥120,361 million, driven by business recovery, increased business volume, and M&A activity.

• Operating profit increased 10.4% year-over-year to ¥11,393 million, while ordinary profit declined 8.3% to ¥10,797 million due to foreign exchange losses.

• Profit attributable to owners dropped 18.1% year-over-year to ¥6,536 million.

Financial highlights

• Gross profit for the period was ¥19,109 million, up from ¥16,147 million in the prior year.

• Earnings per share for the six months were ¥52.07 (post-share split basis), down from ¥62.21 year-over-year.

• Comprehensive income dropped to ¥4,464 million from ¥15,117 million year-over-year.

• Net assets stood at ¥244,637 million, with total assets at ¥402,417 million as of 1H FY2025/3; equity ratio was 60.6%.

Outlook and guidance

• Full-year net sales forecast is ¥250,000 million, up 12.4% year-over-year, with operating profit projected at ¥24,000 million (+13.0%).

• Medium-term plan targets FY2026/3 net sales of ¥280 billion, operating profit of ¥28 billion, and ROE of 8%.

• 1H FY2025/3 net sales and operating profit both exceeded plan, progressing in line with annual targets.

• No change to previously announced forecasts.