Nitori Holdings (9843) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024 rose 6.9% year-over-year to ¥445,768 million, with operating profit up 5.1% to ¥57,974 million.

• Profit attributable to owners of parent increased 6.3% year-over-year to ¥40,456 million.

• Comprehensive income grew 5.8% year-over-year to ¥50,885 million.

Financial highlights

• Gross profit increased to ¥228,351 million from ¥211,723 million year-over-year.

• Ordinary profit rose 6.5% year-over-year to ¥60,629 million.

• Basic earnings per share for the period was ¥357.99, up from ¥336.63 a year earlier.

• Total assets as of September 30, 2024 were ¥1,225,826 million, with net assets at ¥939,026 million.

• Capital adequacy ratio improved to 76.6% from 72.4% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecasted at ¥960,000 million, up 7.2% year-over-year.

• Operating profit projected at ¥129,600 million (up 1.5%), ordinary profit at ¥134,000 million (up 1.2%), and profit attributable to owners of parent at ¥92,000 million (up 6.3%).

• Full-year basic earnings per share forecasted at ¥814.07.

• Annual dividend forecast raised to ¥152.00 per share.