kabutan

SAPPORO HOLDINGS, First Half Net Income Decreases by 71%, Apr-Jun Net Income Decreases by 25%

Thu Aug 7, 2025 3:00 pm JST Earnings

2501 SAPPORO HOLDINGS LIMITED 【IFRS】

Earnings Report

SAPPORO HOLDINGS LIMITED <2501> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on August 7th (15:00). The consolidated net income for the cumulative second quarter of the fiscal year ending December 2025 (January to June) significantly dropped 70.6% from the same period last year to 1.78 billion yen. Progress toward the full-year plan of 11.0 billion yen was 16.2%, also falling below the same period of the previous year of 78.8%.

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 5.6 times that of the same period last year, reaching 9.21 billion yen.

In the most recent three-month period, from April to June (2Q), the consolidated net income decreased to 6.00 billion yen, a 25.4% decrease compared to the same period last year. However, the operating profit margin improved from 7.1% in the same period last year to 7.5%.

Kabutan News

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 238,527 -2,810 -3,341 -5,104 -65.5 ー Aug 10, 2023 IFRS
Jan - Jun, 2024 247,658 7,630 9,059 6,080 78.0 78.3 Aug 13, 2024 IFRS
Jan - Jun, 2025 244,696 7,167 4,397 1,787 22.9 ー Aug 7, 2025 IFRS
YoY -1.2% -6.1% -51.5% -70.6% -70.6%

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 ー ー ー ー － 0 Feb 14, 2025 IFRS
Jan - Jun, 2025 Results 244,696 7,167 4,397 1,787 22.9 0 Aug 7, 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 283,125 2,786 2,517 1,634 21.0 52 Feb 14, 2025 IFRS
Jul - Dec, 2025 Guidance 287,304 12,833 ー 9,213 118.2 60 Aug 7, 2025 IFRS
YoY +1.5% +360.6% － +463.8% +463.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 518,632 11,820 12,144 8,724 112.0 47 Feb 14, 2024 IFRS
Dec, 2024 530,783 10,416 11,576 7,714 99.0 52 Feb 14, 2025 IFRS
Dec, 2025 Guidance 532,000 20,000 ー 11,000 141.1 60 Feb 14, 2025 IFRS
YoY +0.2% +92.0% － +42.6% +42.5%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 134,897 9,566 10,566 8,057 103.4 7.1 Aug 13, 2024 IFRS
Jul - Sep, 2024 137,929 10,041 7,915 5,425 69.6 7.3 Nov 12, 2024 IFRS
Oct - Dec, 2024 145,196 -7,255 -5,398 -3,791 -48.7 -5.0 Feb 14, 2025 IFRS
Jan - Mar, 2025 118,678 -2,227 -3,899 -4,222 -54.2 -1.9 May 13, 2025 IFRS
Apr - Jun, 2025 126,018 9,394 8,296 6,009 77.1 7.5 Aug 7, 2025 IFRS
YoY -6.6% -1.8% -21.5% -25.4% -25.4%

Related Articles