Parker (9845) Q2 2025 earnings summary

Executive summary

• Revenue increased by 8.1% year-over-year to ¥35,067 million for the six months ended September 30, 2024, with operating profit up 5.5% to ¥2,207 million.

• Ordinary profit declined 19.6% year-over-year to ¥1,859 million due to foreign exchange losses.

• Net income attributable to shareholders dropped 43.0% year-over-year to ¥1,330 million, mainly due to the absence of a one-time negative goodwill gain recorded in the prior year.

Financial highlights

• Gross profit rose to ¥8,714 million from ¥7,635 million year-over-year.

• Comprehensive income was ¥3,904 million, down 6.5% year-over-year.

• EPS for the period was ¥53.16, compared to ¥93.26 in the prior year.

Outlook and guidance

• Full-year revenue forecast is ¥74,000 million, up 9.3% year-over-year.

• Operating profit is projected at ¥4,200 million (down 7.8%), ordinary profit at ¥4,400 million (up 12.4%), and net income at ¥3,100 million (up 13.9%).

• No revisions to previously announced forecasts.