Business
Gunze : Consolidated Financial Results for the Second Quarter
Gunze : Consolidated Financial Results for the Second
About this update from Gunze Limited
Business ReportConsolidated Financial Statements for the Second Quarter of FY2025 (Ending March 31, 2026)GUNZE LIMITEDTSE Prime (Code:3002)ContentsFinancial Statements for the Second Quarter of FY2025Business Summary for the Second Quarter of FY2025Forecast for FY2025Financial Statements for the Second Quarter of FY2025 (Ending March 31, 2026)Consolidated operating results(Million of yen)FY2025 2QBottom Profit MarginFY2024 2QBottom Profit MarginY on YIncrease(Decrease)Change(%)Net Sales65,27067,329(2,059)(3.1)Operating profit3,1864.9%3,5665.3%(379)(10.7)Ordinary profit3,2054.9%3,6675.4%(462)(12.6)Profit attributable to owners of parent(658)(1.0%)2,9564.4%(3,615)-Apparel Business Restructuring Expenses (3,498)(Major Extraordinary Loss)Consolidated operating resultsNet sales: Decreased by ¥2,059 million due to the cessation of operations of electronic components at the end of the previous fiscal year and stagnant domestic and international demand for plastic film.Operating and ordinary profit: Operating profit decreased by ¥379 million and ordinary profit decreased by ¥462 million due to increased fixed costs in the Medical and decreased sales volume and increased costs in the Apparel.Net loss attributable to owners of parent: Decreased by ¥3,615 million, primarily due to restructuring costs in the apparel business that were recorded in the first quarter.Full-Year Forecast: The previously announced financial forecast remains unchanged since the results of the current interim consolidated accounting period are generally within the expected range.Mid-Term Management Plan VISION 2030 Stage 2To Be “Company of Choice Globally”, Advance Business Foundation.Reduce costs by utilizing external knowledge（Build-Up Project）Business ProcessReformBusiness Structure ReformApparel Structural Reform(AX Project)Efficiency and speedImproving Corporate FundamentalsHuman capital activationRebirth into value-creating businessCorporate Culture ReformPersonnel System ReformApparel Structural ReformFY 2024 to 2027Operating Profit Improvement Target: ¥3.3 billionItemsClose domestic production sitesClose domesticlogistics sitesFY2025 FY2026 FY2027Enhance Gunze's original value while improving cost competitiveness.Yanase Factory: Closed atthe end of March Tohoku Gunze: Closed at the end of DecemberReduce inventory and improve functionality by consolidating logistics hubs and restructu...