Tomen Devices (2737) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, rose 12.8% year-over-year to ¥207,304 million, with operating profit up 5.0% to ¥5,988 million and ordinary profit up 62.7% to ¥5,552 million.

• Profit attributable to owners of parent was ¥4,024 million, reversing a loss of ¥4 million in the prior year period.

• Comprehensive income increased 36.0% year-over-year to ¥2,727 million.

Financial highlights

• Gross profit increased to ¥8,001 million from ¥7,462 million year-over-year.

• Basic earnings per share for the period was ¥591.68, compared to a loss per share of ¥0.59 in the prior year.

• Net assets per share rose to ¥6,892.57 as of September 30, 2024.

• Total assets increased to ¥159,141 million from ¥130,213 million as of March 31, 2024.

Outlook and guidance

• Full-year net sales forecast is ¥430,000 million, up 16.0% year-over-year.

• Operating profit is projected at ¥8,600 million (down 9.3% year-over-year), ordinary profit at ¥7,200 million (up 16.1%), and profit attributable to owners of parent at ¥5,500 million (up 162.4%).

• Earnings per share for the full year is forecast at ¥808.71.

• Dividend forecast revised to ¥300 per share for the year ending March 31, 2025.