Sk Kaken (4628) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2024, increased 6.4% year-over-year to ¥52,116 million, driven by strong demand in urban redevelopment and logistics sectors.

• Operating income rose 9.6% year-over-year to ¥6,143 million due to cost reduction efforts and robust sales of high-value-added products.

• Ordinary income declined 34.7% year-over-year to ¥6,192 million, mainly impacted by foreign exchange fluctuations.

• Net income attributable to shareholders fell 30.6% year-over-year to ¥4,617 million.

Financial highlights

• Gross profit increased to ¥15,946 million from ¥14,787 million year-over-year.

• Comprehensive income for the period was ¥6,607 million, down 13.8% year-over-year.

• Total assets at period-end were ¥184,454 million, up 0.8% from the previous fiscal year-end.

• Net assets rose to ¥157,469 million, a 3.2% increase from the previous year-end.

Outlook and guidance

• Full-year revenue forecast is ¥103,000 million, up 2.1% year-over-year.

• Operating income is projected at ¥12,200 million (up 0.9%), while ordinary income and net income are expected to decline 19.7% year-over-year.

• No changes to previously announced full-year guidance.