Yamashin-Filter forecasts record results, unveils 2030 vision

Yamashin-Filter Corp. announced record-high net income and cumulative net sales for the first half of FY2025, reaching 10,289 million yen in consolidated net sales, a 3.8% increase year-over-year. The company has revised its full-year earnings forecast upward, anticipating 20,840 million yen in net sales and 2,870 million yen in operating income, which would represent the highest consolidated results in its history. Dividends are also projected to increase to 18.0 yen per share.

The company's "YAMASHIN FILTER VISION 2030" outlines a strategic shift from a filter manufacturer to a functional materials manufacturer, leveraging its proprietary nanofiber material. This new business is projected to contribute 21,300 million yen in net sales and 4,500 million yen in operating income by FY2029, targeting functional textiles, life sciences, and industrial materials markets.

Despite a slight decrease in Q2 operating income due to strong prior-year service part sales and a sluggish air filter business, the construction machinery filter segment continues to perform strongly, driven by new vehicle demand and aftermarket activities, contributing to the positive outlook.