C.Uyemura & Co (4966) Q2 2025 earnings summary

Executive summary

• Consolidated sales and profits increased year-over-year, driven by strong demand for plating chemicals for package substrates, recovery in electronics demand, and favorable currency effects.

• Operating profit, ordinary profit, and net profit all saw significant double-digit growth compared to the same quarter last year.

• Upward revision to full-year earnings forecast due to robust sales in AI-related, automotive power device markets, and recent business trends.

• Growth was supported by a focus on high-value-added products.

Financial highlights

• Net sales for Q2: ¥40,761 million, up 9.5% year-over-year.

• Operating profit: ¥9,128 million, up 57.3% year-over-year; ordinary profit: ¥9,805 million, up 56.7% year-over-year.

• Net profit: ¥6,722 million, up 65.7% year-over-year.

• Comprehensive income increased 40.4% to ¥10,239 million.

• EPS for the period was ¥416.89, compared to ¥248.78 in the prior year.

Outlook and guidance

• Full-year sales forecast revised to ¥81,600 million (+1.7% YoY); operating profit forecast to ¥18,100 million (+20.7% YoY); net profit forecast to ¥12,800 million (+17.2% YoY).

• Annual dividend forecast maintained at ¥200 per share.

• Upward revision driven by strong demand in AI, data centers, and automotive power devices.