Nippon Hume ＜5262＞ announced consolidated financial results for the 2nd quarter (24/4/9) of the fiscal year ending 2025/3 on the 8th. Sales increased 31.9% from the same period last year to 18.922 billion yen, operating profit increased 411.6% to 1.468 billion yen, ordinary profit increased 123.6% to 2.491 billion yen, and interim net profit attributable to parent company shareholders increased 81.1% to 2.082 billion yen.

Basic business sales were 12.639 billion yen, up 34.4% from the same period last year, and operating profit was 1.221 billion yen, up 274.2% from the same period last year. Overall demand for concrete piles declined, but in addition to the nationwide increase in orders received by the company group, price reviews in response to rising costs began to get on track, etc., resulting in an increase in sales and profit.

Sales in the sewerage related business increased 33.7% to 5.532 billion yen, and operating profit increased 99.8% to 0.881 billion yen. Overall demand for fume pipes declined, but in addition to the increase in orders received by the company group nationwide, sales and profit increased due to shipments of synthetic steel pipes, which are high value-added products, and sales expansion of road precast products that they are focusing on.

Sales in the solar power generation and real estate business decreased 7.6% from the same period to 0.712 billion yen, and operating profit decreased 4.7% to 0.406 billion yen.

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

An upward revision of the consolidated earnings forecast for the full fiscal year ending 2025/3 was announced on the same day. Sales are 37 billion yen, up 9.7% from the previous fiscal year, operating income is 1.9 billion yen, up 37.5% (up 11.8% from the previous forecast), ordinary profit is 3 billion yen, up 25.4% (15.4% increase), and net income attributable to parent company shareholders is 2.6 billion yen, up 36.0% (30.0% increase).

Also, for interim dividends and year-end dividends for the fiscal year ending 2025/3, it was announced that the most recent dividend forecasts will be revised in line with revisions to earnings forecasts, and that the interim dividend and year-end dividend will each increase 2.00 yen from 17.00 yen per share to 19.00 yen. As a result, the annual dividend is expected to increase 13.00 yen from the previous fiscal year's results to 38.00 yen.