Japan Hume <5262> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 24). Revenue increased by 31.9% year-on-year to 18.922 billion yen, operating profit increased by 411.6% to 1.468 billion yen, ordinary profit increased by 123.6% to 2.491 billion yen, and net income attributable to the parent company shareholders increased by 81.1% to 2.082 billion yen.

The sales revenue of the foundation business increased by 34.4% year-on-year to 12.639 billion yen, and operating profit increased by 274.2% to 1.221 billion yen. Although there was a decrease in the overall demand for concrete piles, the company's group saw an increase in orders nationwide, and the price adjustments in response to cost increases began to take effect, resulting in increased revenue and profit.

The sales revenue of the sewerage-related business increased by 33.7% to 5.532 billion yen, and the operating profit increased by 99.8% to 0.881 billion yen. While the overall demand for Hume pipes decreased, increased orders nationwide within the company's group, along with increased shipments of high value-added products such as synthetic steel pipes and expanded sales of precast products for roads, led to increased revenue and profit.

The sales revenue of the photovoltaic and real estate business decreased by 7.6% to 0.712 billion yen, and the operating profit decreased by 4.7% to 0.406 billion yen.

Other revenue increased by 38.1% to 0.036 billion yen, and operating profit increased by 47.0% to 0.028 billion yen.

Regarding the full year ending March 2025, the company announced an upward revision to its consolidated performance forecast. Revenue is expected to increase by 9.7% to 37 billion yen, operating profit is expected to increase by 37.5% (previously expected to increase by 11.8%) to 1.9 billion yen, ordinary profit is expected to increase by 25.4% (previously 15.4%) to 3 billion yen, and net income attributable to the parent company shareholders is expected to increase by 36.0% (previously 30.0%) to 2.6 billion yen.

Furthermore, with the revision of the performance forecast for the fiscal year ending in March 2025, the company announced a modification of the latest dividend forecast for interim and year-end dividends, increasing the interim dividend and year-end dividend per share from 17.00 yen to 19.00 yen, totaling an annual dividend of 38.00 yen, an increase of 13.00 yen from the previous period.