Aichi Corporation's mid-year sales decline despite surge in income

Aichi Corporation reported consolidated net sales of 24,505 million yen for the six months ended September 30, 2025, a 12.7% decrease compared to the same period last year. Despite the decline in sales, the company's comprehensive income surged by 48.5% to 2,826 million yen, reaching 2,049 million yen attributable to owners of the parent. Operating profit decreased by 17.1% to 2,286 million yen, and ordinary profit fell by 13.5% to 2,703 million yen. Basic earnings per share for the period stood at 30.40 yen.

Total assets decreased to 86,823 million yen as of September 30, 2025, down from 100,358 million yen on March 31, 2025. This was primarily driven by a significant reduction in cash and deposits from 46,871,546 thousand yen to 26,755,378 thousand yen. Net assets also saw a decline, from 84,023 million yen to 71,410 million yen, with the equity-to-asset ratio slightly decreasing to 82.2% from 83.7%.

Looking ahead, Aichi Corporation forecasts full-year net sales of 61,000 million yen for the fiscal year ending March 31, 2026, a 2.9% increase year-on-year, with projected ordinary profit of 8,300 million yen (0.9% increase) and profit attributable to owners of the parent at 6,500 million yen (2.6% increase). The company also announced a forecast for annual dividends per share of 60.00 yen for the fiscal year ending March 31, 2026, an increase from 55.00 yen in the previous fiscal year.