Aiphone reports sharp profit decline as overseas sales tumble

Aiphone Co., Ltd. announced its consolidated financial results for the second quarter ended September 30, 2025, reporting a 2.5% decrease in net sales to JPY30,210 million. Operating profit plummeted by 57.9% to JPY891 million, while profit attributable to owners of the parent also decreased significantly by 49.5% to JPY855 million. The company attributed this decline to a worsening sales mix from reduced contributions from higher-margin overseas markets, coupled with increased expenses for research and development and human resources.

The domestic market showed resilience, with sales increasing by 4.0% year-on-year, primarily driven by strong performance in the detached housing and care renovation sectors. However, this growth was offset by a substantial 17.8% decrease in overseas market sales. North American sales saw a 24.0% decline in yen terms, impacted by inventory restraints among distributors and tariff uncertainties. European sales also decreased by 6.3% in yen terms.

Despite the challenging interim results, Aiphone has maintained its full-year earnings forecast for the fiscal year ending March 31, 2026, anticipating JPY65,400 million in net sales and JPY3,700 million in profit attributable to owners of the parent. The company also confirmed its planned interim dividend of JPY50 and a year-end dividend of JPY80, totaling JPY130 for the fiscal year.