Taihei Dengyo Kaisha (1968) Q2 2025 earnings summary

Executive summary

• Orders received rose 26.5% year-over-year to ¥81,311 million, with net sales up 3.9% to ¥60,361 million for the six months ended September 30, 2024.

• Operating profit surged 88.8% year-over-year to ¥6,062 million, ordinary profit increased 42.7% to ¥6,230 million, and profit attributable to owners of parent climbed 36.9% to ¥4,283 million.

• The company advanced its Mid-Term Business Plan and launched sustainability initiatives, including Green Projects focused on woody biomass power plants.

Financial highlights

• Gross profit increased to ¥11,189 million from ¥7,982 million year-over-year, with gross margin improving due to lower cost of sales.

• Basic earnings per share rose to ¥214.67 from ¥164.47 year-over-year.

• Cash and cash equivalents at period end increased to ¥48,922 million from ¥41,204 million year-over-year.

• Net assets grew to ¥104,846 million, up ¥4,254 million from March 31, 2024.

Outlook and guidance

• Full-year net sales forecast at ¥139,000 million (up 7.5% year-over-year), operating profit at ¥13,500 million (up 34.3%), and profit attributable to owners of parent at ¥9,500 million (up 13.2%).

• Basic earnings per share for the full year projected at ¥490.30.

• No changes to previously announced forecasts; actual results may differ due to various factors.