SEMITEC (6626) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2024, increased 13.1% year-over-year to ¥12,787 million, with operating profit up 20.6% to ¥2,135 million and net profit attributable to shareholders up 54.5% to ¥1,608 million.

• Growth was driven by increased sales in hybrid vehicle components, OA equipment, and home appliances, while EV-related sales declined and medical-related sales remained steady.

Financial highlights

• Gross profit rose to ¥4,989 million from ¥4,348 million year-over-year.

• EPS for the period was ¥149.87, up from ¥91.52 in the prior year.

• Total assets increased to ¥28,931 million, and net assets to ¥21,571 million, with an equity ratio of 74.5%.

• Cash and equivalents at period-end were ¥10,998 million, up ¥698 million from the previous year-end.

Outlook and guidance

• Full-year revenue is forecast at ¥24,035 million (up 6.0% year-over-year), with operating profit of ¥3,810 million and net profit of ¥2,635 million (up 22.6%).

• Guidance remains unchanged due to uncertainties in the Chinese economy and foreign exchange rates.