Fuji Electric Co., Ltd.TSE: 6504

Consolidated Financial Results for 1H FY2025 PDF

· Issued by Fuji Electric Co., Ltd.


‌Consolidated Financial Results for 1H FY2025

Fuji Electric Co., Ltd.

October 30, 2025

Key Points



  • ‌Financial Results for 1H FY2025 (YoY Comparison) Net Sales

    543.2 billion yen

    (+45.8 billion yen)

    Operating Profit

    42.8 billion yen

    (+2.4 billion yen)

    Operating Profit Ratio

    7.9%

    (-0.2%)

    • New record highs for net sales, operating profit, and ordinary profit Performance driven by Energy and Industry segments

  • Forecasts for Full-year FY2025 (in Comparison to Forecast Announced on July 31, 2025) Net Sales

    1,185.0 billion yen

    (+30.0 billion yen)

    Operating Profit

    128.5 billion yen

    (+4.0 billion yen)

    Operating Profit Ratio

    10.8%

    (±0.0%)

    Profit Attributable to Owners of Parent

    89.0 billion yen

    (+3.5 billion yen)

    • Upward revisions to forecasts for net sales and operating profit

      Ongoing strong performance anticipated centered on plant and system operations of Energy and Industry segments

  • Dividends of Surplus

・Interim dividend payments of ¥91 per share (up ¥16 year on year) to pursue full-year dividend payout ratio target of 30%

Contents



  1. ‌1H FY2025 Results (YoY Comparison)

  2. 1H FY2025 Results (in Comparison to Forecast Announced on July 31, 2025)

  3. Balance Sheet, Cash Flow Statement

  4. FY2025 Forecasts

  5. Dividend of Surplus

P. 4 P.15 P.17 P.20 P.23

Contents



  1. ‌1H FY2025 Results (YoY Comparison)

  2. 1H FY2025 Results (in Comparison to Forecast Announced on July 31, 2025)

  3. Balance Sheet, Cash Flow Statement

  4. FY2025 Forecasts

  5. Dividend of Surplus

P. 4 P.15 P.17 P.20 P.23

Summary of Consolidated Financial Results for 1H FY2025

(YoY Comparison)



‌New Record highs for net sales, operating profit and ordinary profit

(Billion yen)

FY2024

FY2025

Change

Net Sales

497.4

543.2

45.8

Operating Profit

(Operating Profit Ratio)

40.3

(8.1%)

42.8

(7.9%)

2.4

(-0.2%)

Ordinary Profit

38.9

41.7

2.8

Extraordinary Profit

16.3

-1.2

-17.6

Profit Before Income Taxes

55.3

40.5

-14.8

Profit Taxes

17.5

12.6

-4.9

Profit Attributable to Non-controlling Interests

2.3

1.2

-1.0

Profit Attributable to Owners of Parent

(Ratio of Profit Attributable to

Owners of Parent)

35.5

(7.1%)

26.6

(4.9%)

-8.9

(-2.2%)

Change of Net Sales

Gain on translation of earnings of overseas subsidiaries Demand Increase

FY

+2.0

+43.8

FY

Change of Non-operating Profit

Net interest expense Foreign exchange loss Others

Change of Extraordinary Profit

-0.0( 0.3(

0.1(

0.4(

2024

-0.2

-0.7

-0.5

-1.4

2025

→ -0.3)

→ -0.3)

→ -0.4)

→ -1.0)

Gain on sales of investment securities Others

-16.5(

-1.0(

-17.6(

16.6

-0.3

16.3

→ 0.1)

→ -1.3)

→ -1.2)

(Period-End Rate : End of September)

(Yen)

US$

142.73

148.88

6.15

EURO

159.43

174.47

15.04

RMB

20.46

20.88

0.42

(Average Exchange Rate)

(Yen)

US$

152.63

146.04

-6.59

EURO

165.95

168.06

2.11

RMB

21.15

20.30

-0.85

‌Higher profit, despite impacts of increased fixed costs and raw material costs, due to benefits of growth in sales and production volumes, profitability differences between models, and cost reductions

(Billion yen)

Labor costs

R&D Depreciation and leases paid Other expenses

-5.4

-0.2

-1.8

-0.1

Impacts of rising raw material

costs

Effects of higher product selling price

Differences in model mix, in profitability between projects and cost reduction, others

40.3

Increase in sales and production volumes (+10.6)

Increase in fixed costs (▲7.5)

Added value and others (▲0.3)

Exchange rate effect (▲0.4)

+0.9

+1.6

-2.8

42.8

FY2024 FY2025

Factors Behind YoY Changes in Operating Profit in 1H FY2025 (YoY Comparison)



Net Sales and Operating Profit by Segment for 1H FY2025

(YoY Comparison)



‌Net sales and operating profit supported by Energy and Industry segments

(Billion yen)

FY2024

FY2025

Change

Net Sales

Operating Profit

Operating Profit Ratio

Net Sales

Operating Profit

Operating Profit Ratio

Net Sales

Operating Profit

Operating Profit Ratio

Energy

144.0

10.0

7.0%

165.2

19.0

11.5%

4.5%

-1.4*

21.2

-0.4*

8.9

Industry

175.4

8.1

4.6%

206.3

11.0

5.3%

0.7%

+0.9*

31.0

-0.0*

2.9

Semiconductors

108.0

15.1

13.9%

108.7

9.0

8.3%

-5.7%

+2.2*

0.7

-0.0*

-6.1

Food and Beverage Distribution

58.3

8.7

14.9%

52.4

5.8

11.1%

-5.9

-2.9

-3.9%

Others

27.4

1.7

6.0%

27.8

1.6

5.7%

0.4

-0.1

-0.3%

Elimination and Corporate

-15.8

-3.2

-

-17.4

-3.6

-

-1.6

-0.3

-

Total

497.4

40.3

8.1%

543.2

42.8

7.9%

-0.2%

+2.0*

45.8

-0.4*

2.4

* Exchange rate effect

※ Figures for FY2024 performance reflect the business reorganization undertaken in the FY2025.

Business Results by Segment for 1H FY2025 (YoY Comparison)



Higher net sales and operating profit, driven by expanding energy demand and improved margins

  • ‌Energy

    (Billion yen)



    7.0%

    11.5%

    Power Generation

    Higher net sales and operating results (Net Sales Increased by 6%)

    Increase in net sales and operating results as a result of the benefits of an increase in large-scale renewable energy projects

    Energy Management

    Higher net sales and operating results (Net Sales Increased by 26%)

    Increase in net sales and operating results as a result of increases in storage battery system orders and in large-scale orders for substation equipment for power and industrial applications and power supply equipment for industrial applications

    Power Supply and Facility Systems

    Higher net sales and operating results (Net Sales Increased by 16%)

    Increase in net sales and operating results due to growth in demand from data centers

    Equipment Construction

    Higher net sales and operating results (Net Sales Increased by 8%)

    Increase in net sales and operating results due to an increase in large-scale orders, differences in profitability between projects, and the benefits of cost reduction activities

    Change

    165.2

    +21.2 Sales

    10.0

    144.0

    Sales

    Operating Profit

    +8.9 19.0

    Sales Operating

    Profit

    Operating Profit

    FY2024 FY2025

    ※ Figures for FY2024 performance reflect the business reorganization undertaken in the FY2025.

    Business Results by Segment for 1H FY2025 (YoY Comparison)



    Factory Automation Components

    Higher net sales and operating results (Net Sales Increased by 4%)

    Increase in net sales and operating results, despite flat growth in domestic demand, as a result of rising demand seen centered on Asia and Europe

    Automation Systems

    Higher net sales but operating results worsened (Net Sales Increased by 11%)

    Increase in net sales due to increased demand from the steel industry. Decrease in Operating results because of a rise in expenses associated with large-scale projects

    Social Solutions

    Higher net sales and operating results (Net Sales Increased by 17%)

    Increase in net sales and operating results due to increases in demand for transportation systems

    g

    ED&C

    Components

    Higher net sales and flat operating results

    (Net Sales Increased by 7%)

    Increase in net sales because of a modest recovery in demand from finished machinery manufacturers while operating results were relatively unchanged due to the impacts of higher material prices

    IT Solutions

    Higher net sales and operating results (Net Sales Increased by 54%)

    Increase in net sales and operating results following growth in large-scale orders from the academic sector

    • ‌Industry

      Higher net sales and operating profit, driven by IT Solutions

      (Billion yen)



      4.6%

      5.3%

      175.4

      206.3 Change

      +31.0 Sales

      8.1

      11.0+2.9

      Operatin Profit

      Sales

      Operating Profit

      Sales Operating

      Profit

      FY2024 FY2025

      ※ Figures for FY2024 performance reflect the business reorganization undertaken in the FY2025.

      Business Results by Segment for 1H FY2025 (YoY Comparison)



      Decrease in operating profit, mainly due to reduce automotive demand

  • ‌Semiconductors

    (Billion yen)

    13.9%



    Higher net sales but operating results worsened (Net Sales Increased by 1%)

    Increase sales of industrial semiconductors due to higher demand in China and beneficial foreign exchange influences, but decrease sales of automotive semiconductors due to reductions in domestic and overseas demand for power semiconductors for electrified vehicles

    Decrease operating results, regardless of the growth in sales of industrial semiconductors, due to the lower sales of automotive semiconductors, the rise in expenses for bolstering production capacity, and the increases in material costs

8.3%

Change

108.0 108.7

+0.7

Sales

15.1

9.0

Sales

FY2024

FY2025

Change

Industrial

51.1

56.4

5.3

Automotive

57.0

52.3

-4.6

(Billion Yen)

-6.1

Operating Profit

Capital investment

39.4

22.7

-16.7

Depreciation and leases paid*

17.4

18.8

1.5

Sales Operating

Profit

Sales Operating

Profit

* The total amount of depreciation and leases paid as stated in

FY2024 FY2025

the consolidated financial report.

Business Results by Segment for 1H FY2025 (YoY Comparison)



Lower net sales and operating profit, impacted by a reactionary decline from last year's special demand

  • ‌Food and Beverage Distribution

(Billion yen)



Vending Machines

Lower net sales and operating results (Net Sales Decreased by 15%)

Decrease in net sales and operating results following declines in domestic vending machine demand

Store Distribution

Lower net sales and operating results (Net Sales Decreased by 6%)

Decrease in net sales and operating results, despite increased demand for store fixtures accompanying a rise in convenience store renovations, as this rise in demand unable to compensate for the impacts of the rebound from the special demand trend seen for automatic change dispensers that stemmed from the issuance of newly designed paper currency in Japan and contributed to performance in the previous equivalent period

14.9% 11.1%

Change

58.3

8.7

52.4

-5.9 Sales

Sales Operating

Profit

-2.9 5.8

Sales Operating

Profit

Operating Profit

FY2024 FY2025

Net Sales by Japan and Overseas Area for 1H FY2025 (YoY Comparison)



‌Higher sales of products for other parts of Asia, China, India etc.

497.4 543.2

Change

(Billion yen)

FY2024

FY2025

Change

Overseas

29% 142.8

28% 153.4

+2.0* 10.6

Asia and Others

10% 51.5

10% 54.5

-0.6* 3.0

India

3% 13.0

3% 14.4

-0.1* 1.4

China

10% 47.8

10% 52.1

+1.2* 4.3

Europe

3% 16.3

3% 17.7

+1.5* 1.5

Americas

3% 14.3

3% 14.6

+0.1* 0.3

+45.8

Power Generation

Energy Management FA Components Automation Systems ED&C Components

-0.8

+0.8

+0.6

+1.3

+1.0

354.6

71%

142.8

29%

389.8

72%

153.4

28%

Overseas

+10.6

FA Components +1.1

ED&C Components +0.7

Semiconductors (Industrial) +5.3

Semiconductors (Automotive)-2.5

Japan

+35.2

FA Components

+1.0

Semiconductors (Automotive)+0.9

2024年度 2025年 度

Power Generation

Power Supply and Facility Systems

Social Solutions Semiconductors (Industrial)

-1.3

+1.6

+1.0

-0.5

FY2024 FY2025

* Exchange rate effect

※ Figures for FY2024 performance reflect the business reorganization undertaken in the FY2025.

‌Continuation of strong performance in plant and system operations of Energy and Industry segments

Orders for 1H FY2025



FY2025 FY2024 +10.8

247.5

236.7

Components and others

+102.5 437.4 335.0

Plant・Systems

571.7

Change

684.9 +113.2

(Billion yen)



Energy +45.2

Higher demand for applications related to renewable energy stabilization and substation system

Higher demand for thermal and geothermal power plat systems

Power Generation

Energy Management

Growth in data center-related demand

Power Supply and Facility Systems

Growth in demand for electrical and air-conditioning equipment construction

Equipment Construction

Industry

Social Solutions IT Solutions

+58.8

Rising demand for transportation systems

Demand growth from academic sector (2nd GIGA program)

※ Figures for FY2024 performance reflect the business reorganization undertaken in the FY2025.

‌Slow recovery in comparison to previous equivalent period despite growth in demand Remaining flat in comparison to previous quarter when excluding extraordinary factors

Orders for 2Q FY2025 (Major Components)



(Billion yen)

99.9 98.2 109.2 106.0

Lower demand Japan and overseas

102.7 101.6

2Q

YoY

+6.3*

+3.4

2Q

QoQ

-1.1

+2.3*

tors

tors

)

Semiconduc

Semiconductors -13% 0%

Growth in demand for renewable energy

applications in China

(Automotive

(Automotive)

(-16%)

(-1%)

Semiconduc

Semiconductors+19%

+5%

(Industrial)

Factory Automation※

ED&C

Components

(Industrial)

Factory Automation※

ED&C

Components

(+4%)

+8%

(+3%)

+5%

(+2%)

(0%)

Measuring instruments: Lower QoQ due to a large order for a specific customer in 1Q

Low-voltage inverters: Increased demand YoY, flat QoQ

-3%

(-4%)

Increased demand YoY, but gradual recovery QoQ impact from accelerated domestic orders in 1Q

-6%

(-7%)

2024年度

2025年度

1Q 2Q 3Q 4Q 1Q 2Q FY2024 FY2025

*Exchange rate effect

() indicates the actual rate of increase or decrease excluding the impact of exchange rates

※ Figures for FY2024 performance reflect the business reorganization undertaken in the FY2025.

※The definition of factory automation components has been changed to refer to low-voltage inverters, industrial motors, and measuring instruments.

Contents



  1. ‌1H FY2025 Results (YoY Comparison)

  2. 1H FY2025 Results (in Comparison to Forecast Announced on July 31, 2025)

  3. Balance Sheet, Cash Flow Statement

  4. FY2025 Forecasts

  5. Dividend of Surplus

P. 4 P.15 P.17 P.20 P.23

‌Higher sales primarily driven by large-scale projects in Industry segment, along with the impact of exchange rates Increased profit supported by growth in sales volumes and profitability differences between projects

(Billion yen)

July 31 Forecast

Results

Change

Net Sales

534.0

543.2

+6.0*

9.2

Operating Profit

(Operating Profit Ratio)

40.5

(7.6%)

42.8

(7.9%)

+0.7*

2.3

(0.3%)

Ordinary Profit

37.0

41.7

4.7

Profit Attributable to Owners of Parent

(Ratio of Profit Attributable to Owners of Parent to Net Sales)

23.5

(4.4%)

26.6

(4.9%)

3.1

(0.5%)

July 31 Forecast

Results

Change

Net Sales

Operating Profit

Net Sales

Operating Profit

Net Sales

Operating Profit

Energy

166.0

17.5

165.2

19.0

+0.3*

-0.8

+0.0*

1.5

Industry

200.0

10.5

206.3

11.0

+1.9*

6.3

+0.2*

0.5

Semiconductors

105.0

9.0

108.7

9.0

+3.6*

3.7

+0.4*

0.0

Food and Beverage Distribution

52.0

5.5

52.4

5.8

0.4

0.3

Others

26.5

1.5

27.8

1.6

1.3

0.1

Elimination and Corporate

-15.5

-3.5

-17.4

-3.6

-1.9

-0.1

Total

534.0

40.5

543.2

42.8

9.2

2.3

* Exchange rate effect

Consolidated Financial Results for 1H FY2025

(in Comparison to Forecast Announced on July 31, 2025)



Contents



  1. ‌1H FY2025 Results (YoY Comparison)

  2. 1H FY2025 Results (in Comparison to Forecast Announced on July 31, 2025)

  3. Balance Sheet, Cash Flow Statement

  4. FY2025 Forecasts

  5. Dividend of Surplus

P. 4 P.15 P.17 P.20 P.23

‌Decrease in total assets primarily due to reduction in notes receivable Increase in inventory due to the strong performance of plant and system businesses

Consolidated Balance Sheet for 1H FY2025

(in Comparison to the Balance Sheet as of March 31, 2025)



Assets

3/31/25

9/30/25

Change

Cash and deposit

63.5

55.9

-7.7

Notes and account receivables-trade,

Contract assets

417.8

376.3

-41.5

Inventories

238.7

255.9

17.2

Other current assets

46.7

57.6

11.0

Total current assets

766.7

745.7

-21.0

Property, plant and equipment

347.1

349.0

1.9

Intangible assets

30.3

32.8

2.5

Investments and other assets

168.0

177.4

9.4

Total long-term assets

545.4

559.2

13.8

Deferred assets

0.1

0.1

-0.0

Total assets

1,312.2

1,304.9

-7.3

3/31/25

9/30/25

Change

Notes and account payables-trade

192.8

175.4

-17.5

Interest-bearing debts

104.9

121.2

16.3

Other liabilities

283.8

252.8

-31.0

Total liabilities

581.5

549.4

-32.2

Share capital

47.6

47.6

-

Capital surplus

64.6

63.8

-0.8

Retained earnings

493.9

508.0

14.1

Treasury shares

-4.3

-3.7

0.6

Shareholders' equity

601.8

615.6

13.9

Accumulated other comprehensive income

90.0

101.0

11.0

Non-controlling interests

38.9

39.0

0.1

Total net assets

730.7

755.6

24.9

Total liabilities and net assets

1,312.2

1,304.9

-7.3

Liabilities and Net Assets

(Billion yen)

Equity ratio

52.7%

54.9%

2.2%

Net interest-bearing debt※1

42.2

66.1

23.9

Net D/E ratio(times) ※2

0.1

0.1

0.0

※1 Net interest-bearing debt: Interest-bearing debt - Cash and cash equivalents

※2 Net D/E ratio: Net interest-bearing debt ÷Equity

‌(Billion yen)

FY2024

FY2025

Factors of Change

Ⅰ Cash Flows from Operating Activities

87.5

35.9

Decline in cash flows due to lower recovery amounts for advances received

Ⅱ Cash Flows from Investing Activities

-25.8

-44.6

Decrease in cash flows due to decline in proceeds from sale of investment securities

Ⅰ+Ⅱ Free Cash Flow(FCF)

61.8

-8.7

Ⅲ Cash Flows from Financing Activities

-64.1

1.3

Procurement of funds through commercial paper

Ⅳ Cash and Cash Equivalents at End of Period

64.7

55.1

Cash Flow Statement for 1H FY2025 (YoY Comparison)



Contents



  1. ‌1H FY2025 Results (YoY Comparison)

  2. 1H FY2025 Results (in Comparison to Forecast Announced on July 31, 2025)

  3. Balance Sheet, Cash Flow Statement

  4. FY2025 Forecasts

  5. Dividend of Surplus

P. 4 P.15 P.17 P.20 P.23

Forecasts for Full-year FY2025

(in Comparison to Forecasts Announced on July 31, 2025)



Upward revision to full-year forecasts, reflecting strong six-month performance primarily in Energy and Industry segments

(Billion yen)

July 31 Forecast

October 30 Forecast

Change

Net Sales

1,155.0

1,185.0

+3.4*

30.0

Operating Profit

124.5

128.5

+0.6*

4.0

(Operating Profit Ratio)

(10.8%)

(10.8%)

(0.1%)

Ordinary Profit

122.5

128.0

5.5

Profit Attributable to Owners of Parent

(Ratio of Profit Attributable to Owners of Parent to Net Sales)

85.5

(7.4%)

89.0

(7.5%)

3.5

(0.1%)

‌Assumed Exchange Rate on 2H FY2025

US$

EURO

RMB

July 31

Forecast

¥140.00

¥154.00

¥19.80

October 30 Forecast

(vs July 31)

¥140.00

(No Change)

¥164.00

(+10.00)

¥19.80

(No Change)

Foreign Exchange Rate Sensitivity※

(Million yen)

-50

60

180

※ Impact on operating profit (6 months impact from October 2025 to March 2026) US$ and EURO: Impact of ¥1 yen depreciation-fluctuations

RMB: Impact of 1% yen depreciation fluctuations

July 31 Forecast

October 30 Forecast

Change

Factors of Change

Net Sales

Operating Profit

Net Sales

Operating Profit

Net Sales

Operating Profit

Energy

377.5

49.0

388.0

52.5

+1.8* 10.5

+0.3* 3.5

  • Increased demand for substation equipment in energy management business

  • Higher demand for data center products in power supply and facility systems business

  • Growth in demand for electrical and air-conditioning equipment construction in equipment construction business

Industry

422.0

42.5

450.0

43.5

+0.0* 28.0

-0.1* 1.0

- Rising demand associated with 2ndGIGA program in IT

solutions business

Semiconductors

225.0

23.0

222.0

23.0

+1.6* -3.0

+0.4* 0.0

- Decreased demand for automotive semiconductors

Food and Beverage Distribution

107.0

12.5

108.0

13.0

1.0

0.5

- Higher convenience store demand in store distribution business

Others

58.0

4.0

59.0

4.0

1.0

0.0



Elimination and Corporate

-34.5

-6.5

-42.0

-7.5

-7.5

-1.0

Total

1,155.0

124.5

1,185.0

128.5

30.0

* Exchange rate ef

4.0

fect

© Fuji Electric Co., Ltd. 21

‌(Billion yen)

FY2024 Results

FY2025 Forecasts

(October 30 Forecast)

Change

Net Sales

1,123.4

1,185.0

-10.2*

61.6

Operating Profit

117.6

128.5

-2.1*

10.9

(Operating Profit Ratio)

(10.5%)

(10.8%)

(0.4%)

Ordinary Profit

118.8

128.0

9.2

Profit Attributable to Owners of Parent

(Ratio of Profit Attributable to Owners of Parent to Net Sales)

92.2

(8.2%)

89.0

(7.5%)

-3.2

(-0.7%)

FY2024 Results

FY2025 Forecasts

(October 30, 2025)

Change

Net Sales

Operating Profit

Operating Profit Ratio

Net Sales

Operating Profit

Operating Profit Ratio

Net Sales

Operating Profit

Operating Profit Ratio

Energy

354.3

36.3

10.2%

388.0

52.5

13.5%

-3.0*

33.7

-0.4*

16.2

3.3%

Industry

400.0

34.0

8.5%

450.0

43.5

9.7%

-3.9*

50.0

-0.3*

9.5

1.2%

Semiconductors

236.8

37.1

15.7%

222.0

23.0

10.4%

-3.4*

-14.8

-1.3*

-14.1

-5.3%

Food and Beverage Distribution

111.5

13.9

12.5%

108.0

13.0

12.0%

-3.5

-0.9

-0.4%

Others

56.1

3.8

6.7%

59.0

4.0

6.8%

2.9

0.2

0.1%

Elimination and Corporate

-35.4

-7.3

-

-42.0

-7.5

-

-6.6

-0.2

-

Total

1,123.4

117.6

10.5%

1,185.0

128.5

10.8%

61.6

10.9

0.4%

* Exchange rate effect

© Fuji Electric Co., Ltd. 22



Forecasts for Full-year FY2025 (YoY Comparison)



Contents



  1. ‌1H FY2025 Results (YoY Comparison)

  2. 1H FY2025 Results (in Comparison to Forecast Announced on July 31, 2025)

  3. Balance Sheet, Cash Flow Statement

  4. FY2025 Forecasts

  5. Dividend of Surplus

P. 4 P.15 P.17 P.20 P.23

‌Interim dividend payments of ¥91 per share (up ¥16 year on year) to pursue full-year dividend payout ratio target of 30%

1株当たり期末配 当(円) 1株当たり中間配 当(円)

Dividend of Surplus



Year-end dividend per share (Yen) Interim dividend per share (Yen)

40

45

80 80 85

45

55

100

55

60

115

60

75

135

160

40

40

40

40

75

85

91

2018 2019 2020 2021 2022 2023 2024 2025

Dividend payout ratio

28.4%

39.7%

29.0%

24.3%

26.8%

25.6%

24.9%

Profit Attributable to Owners of Parent (Billion yen)

40.3

28.8

41.9

58.7

61.3

75.4

92.2

※Calculated considering the stock consideration on October 1, 2018.

(Fiscal year)

‌(Billion yen)

July 31 Forecast

October 30 Forecast

Change

Net Sales

621.0

641.8

20.8

Operating Profit

(Operating Profit Ratio)

84.0

(13.5%)

85.7

(13.4%)

1.7

(-0.2%)

Ordinary Profit

85.5

86.3

0.8

Profit Attributable to Owners of Parent

(Ratio of Profit Attributable to Owners of Parent to Net Sales)

62.0

(10.0%)

62.4

(9.7%)

0.4

(-0.3%)

July 31 Forecast

October 30 Forecast

Change

Net Sales

Operating Profit

Net Sales

Operating Profit

Net Sales

Operating Profit

Energy

211.5

31.5

222.8

33.5

11.3

2.0

Industry

222.0

32.0

243.7

32.5

21.7

0.5

Semiconductors

120.0

14.0

113.3

14.0

-6.7

0.0

Food and Beverage Distribution

55.0

7.0

55.6

7.2

0.6

0.2

Others

31.5

2.5

31.2

2.4

-0.3

-0.1

Elimination and Corporate

-19.0

-3.0

-24.6

-3.9

-5.6

-0.9

Total

621.0

84.0

641.8

85.7

20.8

1.7

Reference: Forecasts for 2H FY2025

(in Comparison to Forecast Announced on July 31, 2025)



  1. ‌ These materials are outside the scope of auditing procedures required by law, and as of the date of this results presentation, financial statement auditing procedures required by law have not yet been completed.

  2. Statements made in this documents or in the presentation to which they pertain regarding estimates or projections are forward-looking statements based on the company's judgments and assumptions in light of information currently available. Actual results may differ materially from those projected as a result of uncertainties inherent in such judgments and assumptions, as well as changes in business operations or other internal or external conditions. Accordingly, the company gives no guarantee regarding the reliability of any information contained in these forward-looking statements.

  3. These documents are for information purpose only, and do not constitute an inducement by the company to make investments.

  4. Unauthorized reproduction of these documents, in part or in whole, is prohibited.