Investor Relations Presentation Materials
August 20, 2025 ISEKI & CO., LTD.Index 1. Outline of Financial Results for the Second Quarter Fiscal Year Ending December 31, 2025 2. Domestic and Overseas Markets 3. Forecast of Consolidated Financial Results for the Fiscal Year Ending December 31, 2025 4. Progress of Project Z and Topics 5. Appendix
Key Points Higher sales and operating income (6 months (Jan. to Jun.), year on year) As with 1Q, significant growth for domestic sales and stable performance for overseas (mainly in Europe) in 2Q
Domestic Sales: Farmers' purchasing appetite remained strong due to rising rice prices
Last-minute demand for agricultural machinery ahead of the price revision in July contributed to a significant increase in net sales for agricultural machinery in 2Q (Apr. to Jun.), following the increase in sales of farming implements in 1Q (Jan. to Mar.)
Overseas Sales: Although the sales declined in Europe due to foreign exchange fluctuations, sales continued to grow on a local currency basis, thanks to the stable performance in France and the consolidation of PTC Limited in the UK
For North America, sales declined due to the continued weak market conditions. For Asia, sales increased in Korea and Indonesia
Operating Income: Higher operating income mainly from the increase in domestic sales
Ordinary Income: Increase of ordinary income has partially slowed down due to foreign exchange losses related to receivables and payables
Profit: Profit increased significantly driven by the sale of non-current assets and absence of impairment losses with
structural reforms in the same period of previous fiscal year
Project Z: Expected effects for 2025 have progressed as planned, measures are currently being implemented toward 2027
Upward Revision to the Full-year ForecastCompared to the Full-year Forecast: Net sales +¥5.0 billion, Operating income: +¥0.9 billion, Profit: +¥0.5 billion
1. Outline of Financial Results for the Second Quarter Fiscal Year Ending December 31, 2025
2. Domestic and Overseas Markets
3.
Forecast of Consolidated Financial Results for the Fiscal Year Ending December 31, 2025
4. Progress of Project Z and Topics
5. Appendix
Outline of Consolidated Business Performance
(JPY bn, unless otherwise noted) (January 1, 2025 to June 30, 2025) | FY2022/12 2Q Actual | FY2023/12 2Q Actual | FY2024/12 2Q Actual | FY2025/12 | ||
2Q Actual | YoY Change | |||||
Net Sales | 86.7 | 92.3 | 91.1 | 100.8 | +9.7 | |
(Domestic) | 57.5 | 58.2 | 54.8 | 65.8 | +10.9 | |
(Overseas) | 29.1 | 34.1 | 36.2 | 35.0 | -1.2 | |
Gross Profit | 25.1 | 27.2 | 26.9 | 29.3 | +2.4 | |
Gross Profit Margin (%) | 29.0% | 29.5% | 29.5% | 29.1% | -0.4% | |
Operating Income | 2.5 | 2.7 | 2.2 | 4.3 | +2.1 | |
Operating Margin (%) | 3.0% | 3.0% | 2.4% | 4.3% | +1.9% | |
Ordinary Income | 3.3 | 3.0 | 2.4 | 3.7 | +1.3 | |
Profit (Loss) Attributable to Owners of Parent | 2.5 | 1.9 | (6) | 3.2 | +3.9 | |
Average * US$ | 117.4 | 134.5 | 151.7 | 149.7 | -2.1 | |
Exchange Rate (JPY) | Euro | 141.5 | 156.8 | 172.1 | 162.5 | -9.6 |
*From 2025, the PL conversion rate for overseas subsidiaries has been changed to the average rate during the fiscal year. (Previously, the rate at the end of each fiscal year was used). 5