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CENTRAL AUTOMOTIVE, Net Income Forecast for the Fiscal Year Revised Upward by 4%, Raises Record High Profit Forecast, Dividend Revised Upward by 1 Yen

Thu Nov 13, 2025 2:20 pm JST Earnings

8117 CENTRAL AUTOMOTIVE PRODUCTS LTD. 【J-GAAP】

Earnings Report

CENTRAL AUTOMOTIVE PRODUCTS LTD. <8117> [TSE Std] announced its financial results in the afternoon session on November 13th (14:20). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 13.1% from the same period last year, reaching 4.71 billion yen.

In addition, the full-year forecast for consolidated net income has been revised upward 3.9%, from the previous forecast of 9.00 billion yen to 9.35 billion yen (compared to 8.68 billion yen in the previous period), increasing the growth rate from 3.7% to 7.7%, further surpassing the previous forecast of record-high profits for five consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to grow 2.7% from the same period last year, reaching 4.63 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 56 yen to 57 yen (compared to 159 yen before the 3-for-1 forward stock split in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated net income grew 17.6% from the same period last year, reaching 2.75 billion yen. However, the operating profit margin decreased from 27.8% in the same period last year to 25.5%.

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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
Apr - Sep, 2023 19,252 4,992 5,587 3,865 70.1 49.6 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 19,439 5,172 5,926 4,171 75.6 47.7 Nov 14, 2024 J-GAAP
Apr - Sep, 2025 20,449 5,171 5,888 4,717 85.4 45.3 Nov 13, 2025 J-GAAP
YoY +5.2% 0.0% -0.6% +13.1% +13.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 21,600 5,500 6,100 4,200 76.0 25 May 15, 2025 J-GAAP
Apr - Sep, 2025 Results 20,449 5,171 5,888 4,717 85.4 26 Nov 13, 2025 J-GAAP
Revision Rate -5.3% -6.0% -3.5% +12.3% +12.4%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 44,800 11,800 13,000 9,000 162.9 56 May 15, 2025 J-GAAP
Mar, 2026 New 45,500 11,800 13,000 9,350 169.2 57 Nov 13, 2025 J-GAAP
Revision Rate +1.6% 0.0% 0.0% +3.9% +3.9%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 22,119 5,868 6,495 4,510 81.7 30.33 May 15, 2025 J-GAAP
Oct - Mar, 2025 Guidance 25,051 6,629 7,112 4,633 83.8 31 Nov 13, 2025 J-GAAP
YoY +13.3% +13.0% +9.5% +2.7% +2.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 39,331 10,166 11,258 7,924 143.6 43.33 May 14, 2024 J-GAAP
Mar, 2025 41,558 11,040 12,421 8,681 157.2 53 May 15, 2025 J-GAAP
Mar, 2026 Guidance 45,500 11,800 13,000 9,350 169.2 57 Nov 13, 2025 J-GAAP
YoY +9.5% +6.9% +4.7% +7.7% +7.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 10,446 2,900 3,309 2,341 42.4 27.8 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 10,923 3,009 3,314 2,285 41.4 27.5 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 11,196 2,859 3,181 2,225 40.3 25.5 May 15, 2025 J-GAAP
Apr - Jun, 2025 9,795 2,449 2,812 1,963 35.6 25.0 Aug 5, 2025 J-GAAP
Jul - Sep, 2025 10,654 2,722 3,076 2,754 49.9 25.5 Nov 13, 2025 J-GAAP
YoY +2.0% -6.1% -7.0% +17.6% +17.6%

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