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GNI Group, Apr-Jun (2Q) Net Income Loss Narrows

Thu Aug 14, 2025 4:00 pm JST Earnings

2160 GNI Group Ltd. 【IFRS】

Earnings Report

GNI Group Ltd. <2160> [TSE Growth] announced its financial results (based on IFRS) after the market closed on August 14th (16:00). The consolidated net income/loss for the cumulative second quarter of the fiscal year ending December 2025 (January to June) turned into a loss of 0.91 billion yen (compared to a profit of 0.33 billion yen in the same period last year).

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the July to December period (second half) is expected to surge 17 times that of the same period last year, reaching 12.9 billion yen.

In the most recent three-month period, from April to June (2Q), the consolidated net loss improved to a deficit of 0.38 billion yen (compared to a loss of 1.12 billion yen in the same period last year). The operating profit/loss margin significantly improved from -9.0% in the same period last year to -5.9%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Jun, 2023 14,096 5,476 5,117 1,658 34.9 40.6 Aug 14, 2023 IFRS
Jan - Jun, 2024 11,733 1,762 831 330 6.6 349.2 Aug 14, 2024 IFRS
Jan - Jun, 2025 12,252 -1,179 -1,433 -915 -18.2 Aug 14, 2025 IFRS
YoY +4.4%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Guidance Feb 14, 2025 IFRS
Jan - Jun, 2025 Results 12,252 -1,179 -1,433 -915 -18.2 Aug 14, 2025 IFRS
Revision Rate

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 11,878 -360 -593 768 15.4 0 Feb 14, 2025 IFRS
Jul - Dec, 2025 Guidance 16,481 24,396 23,974 12,973 233.3 0 Aug 14, 2025 IFRS
YoY +38.8% +1,589.2% +1,419.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 26,010 13,108 12,612 8,094 169.5 0 Feb 14, 2024 IFRS
Dec, 2024 23,611 1,402 238 1,098 22.0 0 Feb 14, 2025 IFRS
Dec, 2025 Guidance 28,733 23,217 22,541 12,058 216.9 0 Feb 14, 2025 IFRS
YoY +21.7% +1,556.0% +9,371.0% +998.2% +887.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 5,785 -521 -996 -1,124 -22.5 -9.0 Aug 14, 2024 IFRS
Jul - Sep, 2024 5,459 580 975 975 19.5 10.6 Nov 14, 2024 IFRS
Oct - Dec, 2024 6,419 -940 -1,568 -207 -4.1 -14.6 Feb 14, 2025 IFRS
Jan - Mar, 2025 5,320 -772 -837 -530 -10.6 -14.5 May 15, 2025 IFRS
Apr - Jun, 2025 6,932 -407 -596 -385 -7.7 -5.9 Aug 14, 2025 IFRS
YoY +19.8% +21.9% +40.2% +65.7% +66.0%

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