SRE Holdings (2980) Q2 2025 earnings summary

Executive summary

• Net sales rose 35.4% year-over-year to ¥10,152 million for the six months ended September 30, 2024.

• Operating profit more than doubled, up 112.0% year-over-year to ¥1,289 million.

• Ordinary profit increased 123.6% year-over-year to ¥1,195 million, with net income attributable to owners of parent up 80.2% to ¥663 million.

• Comprehensive income grew 81.9% year-over-year to ¥720 million.

Financial highlights

• Gross profit increased to ¥4,457 million from ¥3,013 million year-over-year.

• Basic EPS for the period was ¥41.24, up from ¥22.76 year-over-year.

• Total assets rose to ¥30,849 million from ¥24,017 million as of March 31, 2024.

• Net assets increased to ¥13,197 million, with an equity ratio of 40.8%.

• Cash and cash equivalents at period end were ¥2,555 million, up from ¥1,936 million a year earlier.

Outlook and guidance

• Full-year net sales forecast at ¥27,000 million, up 11.5% year-over-year.

• Operating profit projected at ¥3,050 million, up 37.9% year-over-year.

• Net income attributable to owners of parent forecast at ¥1,850 million, up 33.2% year-over-year.

• No dividend is planned for the fiscal year.