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Seed: Financial results briefing materials for the 2nd quarter of the fiscal year ending March 31, 2025
The sea---2Q saw an increase in revenue, with orthokeratology lenses experiencing significant growth.
On the 11th, Shi <7743> announced its consolidated financial results for the second quarter of the fiscal year ending in March 2025 (April-September 24). Revenue increased by 5.5% year-on-year to 16.828 billion yen, operating profit decreased by 33.1% to 0.874 billion yen, ordinary profit decreased by 44.1% to 0.764 billion yen, and interim net profit attributable to parent company shareholders decreased by 33.7% to 0.548 billion yen. For contact lenses and care products, revenue was 16.761 billion yen (up 5.5% from the previous year), with an operating profit of 1.589 billion yen.
Change in content related to the acquisition of fixed assets (construction of Building No. 4 at the Kounosu Research Center).
Sea <7743> announced on the 11th that they will change the details regarding the acquisition of fixed assets (construction of Building 4 at the Koshino Research Institute) disclosed on February 7th. Following the extension of the completed Building 2 Annex in April (with a maximum monthly production volume of 7 million sheets), the company is now proceeding with the construction plans for Building 4. In the initial phase of Building 4, they had planned to increase the monthly production volume to 10 million sheets. This time, aiming to establish a stable supply of commodities and achieve future global strategies, they are changing the monthly production volume to 14 million sheets.
Sea---Taking measures towards achieving management that considers capital costs and stock prices.
On the 11th, Koss Corp <7743> announced measures to achieve management focusing on capital costs and stock price awareness. The company aims to improve asset efficiency and profit margin, focusing on improving ROE, enhancing PBR, and increasing PER. As part of its growth strategy, by operating Building 4, production capacity will significantly increase, strengthening its response to the growing myopia population, and maximizing profit margins through efficiency and mass production effects. In terms of financial strategy, while making equipment investments, it ensures cash flow that exceeds investment burdens.
Seed: Semi-annual Report - 69th Fiscal Year (2024/04/01-2025/03/31)
Seed: Summary of financial results for the 2nd quarter (interim period) of the fiscal year ending 2025/3 [Japanese GAAP] (consolidated)
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