The Keihin Co (9312) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 2024 increased by 4.3% year-over-year to ¥24,911 million, with operating profit up 6.2% to ¥1,510 million and net profit attributable to shareholders up 6.3% to ¥1,099 million.

• Both domestic and international logistics segments achieved higher sales and profits, driven by strong warehouse and value-added processing in Japan and increased export vehicle shipping and higher ocean freight rates internationally.

Financial highlights

• Operating profit rose to ¥1,510 million (up 6.2% year-over-year), and ordinary profit reached ¥1,604 million (up 3.1%).

• Net profit per share for the interim period was ¥168.46, up from ¥158.46 a year earlier.

• Comprehensive income for the period was ¥1,206 million, down 42.2% year-over-year.

Outlook and guidance

• Full-year revenue is forecast at ¥50,000 million (up 7.5% year-over-year), with operating profit of ¥2,900 million (up 8.7%) and net profit attributable to shareholders of ¥2,100 million (up 2.5%).

• No changes have been made to the previously announced earnings or dividend forecasts.