TPR Co (6463) Q2 2025 earnings summary

Executive summary

• Net sales rose 3.1% year-over-year to ¥94.9 billion, driven by strong Asian and overseas demand and favorable currency effects, while domestic profit declined due to lower customer production volumes.

• Operating profit increased 12.9% year-over-year to ¥4.8 billion, and ordinary profit rose 24.3% to ¥6.9 billion, mainly due to robust performance in Asia.

• Profit attributable to owners of parent remained flat at ¥3.3 billion, as domestic weakness offset overseas gains.

Financial highlights

• Gross profit improved to ¥19,607 million from ¥17,909 million year-over-year.

• Comprehensive income for the period was ¥12,920 million, down 5.2% year-over-year.

• Basic earnings per share was ¥99.19, slightly down from ¥100.18 a year earlier.

• Total assets increased to ¥299,723 million, and net assets rose to ¥200,814 million as of September 30, 2024.

• Yen depreciation contributed positively to results.

Outlook and guidance

• Full-year forecast for FY ending March 31, 2025, remains unchanged despite uncertainty in domestic auto production.

• Projected full-year net sales: ¥192.2 billion (-0.8% YoY); operating profit: ¥12.6 billion (+0.6% YoY); ordinary profit: ¥16.3 billion (+1.5% YoY); profit attributable to owners of parent: ¥8.4 billion (+2.5% YoY).

• Dividend forecast raised to ¥100 per share for the year, including a ¥50 interim dividend.