Musashi <7521> announced consolidated financial results for the 2nd quarter (24/4/9) of the fiscal year ending 2025/3 on the 12th. Sales decreased 1.2% from the same period last year to 16.581 billion yen, operating profit decreased 16.8% to 0.607 billion yen, ordinary profit increased 161.4% to 1.963 billion yen, and interim net profit attributable to parent company shareholders increased 202.4% to 1.506 billion yen.
As for information, printing, and industrial system equipment, sales of commercial filtration filters to semiconductors and precision electronic devices have been steady, and sales for beverages have also been strong. Furthermore, industrial inspection equipment also moved smoothly, taking in demand for inspection work.
Among financial general-purpose and election system equipment, demand for modifications and renewal of money processing equipment has grown for financial institutions and the transportation industry for general-purpose financial system equipment. Also, sales of system equipment for centralized divisions of financial institutions have been progressing smoothly. As for election system equipment, sales of election equipment and vote counting management systems for the Tokyo gubernatorial election progressed smoothly, and the possibility of dissolution of the House of Representatives increased, and sales of some election equipment, mainly ballots, were added.
As for processed paper and paper products, sales of paperboard, etc. for pharmaceuticals and cosmetics remained steady, but sales of printing paper and information paper remained slightly sluggish.
The real estate leasing business, leasing business, etc. remained steady.
For the full fiscal year ending 2025/3, the revised plan announced on 10/29 is unchanged, with sales rising 14.7% from the previous fiscal year to 38.02 billion yen, operating income up 116.0% to 2.327 billion yen, ordinary profit up 225.6% to 3.657 billion yen, and net income attributable to parent company shareholders increasing 235.8% to 2.579 billion yen.