Earnings Calls

Last Earnings Call

Fiscal Period
Q2 2025
Call Date
Nov 1, 2024
AI Summary
Q2 2025

Revenue: First half sales were JPY 397.6 billion, achieving the company’s May forecast.

Operating Income: Operating income for the first half was JPY 9.7 billion, hitting the target but including JPY 2 billion in one-time expenses.

Guidance Cut: Full-year guidance was revised down to JPY 790 billion in sales and JPY 22 billion operating income due to expected lower volumes in Industrial Machinery and Automotive in the second half.

Dividend: Dividend plans remain unchanged at JPY 17 interim and JPY 34 annual per share.

Segment Performance: Industrial Machinery showed a moderate recovery in machine tools but faced continued weakness in wind power and semiconductors; Automotive volumes declined 3.8% year-on-year.

Profitability Initiatives: Cost reduction and price increases offset inflation, and progress is being made on structural reforms and the MTP2026 profitability plan.

Key Financials
Revenue
JPY 397.6 billion
Operating Income
JPY 9.7 billion
Income Before Income Taxes
JPY 7.7 billion
Net Income Attributable to Owners
JPY 2 billion
Dividend per Share (Interim)
JPY 17
Industrial Machinery Sales
JPY 180.5 billion
Industrial Machinery Operating Income
JPY 5.5 billion (first half), JPY 12.5 billion (full year forecast)
Automotive Sales
JPY 199.1 billion (first half), JPY 393 billion (full year forecast)
Automotive Operating Income
JPY 5.6 billion (first half), JPY 12 billion (full year forecast)
Automotive Real Volume
Down 3.8% year-on-year
Global Vehicle Production (Automotive Forecast)
88 million units (full year forecast)

Other Earnings Calls

2025
2024