Sanoh Industrial (6584) Q2 2025 earnings summary

Executive summary

• Revenue increased 8.8% year-over-year to ¥81,094 million, driven by strong North American sales and yen depreciation, offsetting declines in China.

• Operating income fell 25.2% to ¥2,384 million due to higher costs and temporary expenses, especially in the Americas, and reduced sales in China.

• Net income attributable to shareholders decreased 13.5% to ¥1,153 million, mainly reflecting lower operating and ordinary income.

Financial highlights

• Revenue: ¥81,094 million (+8.8% YoY); Operating income: ¥2,384 million (2.9% margin, -25.2% YoY); Net income: ¥1,153 million (-13.5% YoY).

• Ordinary income: ¥2,156 million (-26.3% YoY); Progress toward full-year revenue forecast: 50.1%.

• Foreign exchange rates contributed positively, with USD/JPY averaging 152.3 (+13% YoY), EUR +13%, MXN +20%.

Outlook and guidance

• Full-year revenue forecast: ¥162,000 million; Operating income forecast: ¥8,000 million; Net income forecast: ¥4,200 million.

• Progress rates: revenue 50.1%, operating income 29.8%, net income 27.5%.