Dowa Holdings Reports Decline in Semi-Annual Earnings

Dowa Holdings Co ( (DWMNF) ) has released its Q2 earnings. Here is a breakdown of the information Dowa Holdings Co presented to its investors.

Dowa Holdings Co., Ltd., listed on the Tokyo Stock Exchange, operates in the nonferrous metals industry, providing a range of services including environmental management, recycling, and metal processing. The company’s recent earnings report for the six months ended September 30, 2025, highlights a challenging period with a decline in key financial metrics compared to the previous year. Despite a 10% drop in net sales to ¥317,188 million, the company maintained a focus on strategic areas such as nonferrous metals and environmental management.

Key financial metrics revealed a significant decrease in operating profit by 45.3% to ¥11,750 million and a 42.2% decline in ordinary profit to ¥15,612 million. Profit attributable to owners of the parent also fell by 33.6% to ¥13,625 million. The comprehensive income saw a sharp decline of 63.1%, reflecting the challenging market conditions and operational hurdles faced by the company.

The company’s total assets increased slightly to ¥682,255 million, while net assets rose marginally to ¥417,050 million, maintaining a stable equity-to-asset ratio of 58.5%. The segment performance showed varied results, with the nonferrous metals segment contributing significantly to net sales, despite a decrease in segment profit.

Looking ahead, Dowa Holdings has revised its full-year forecast, anticipating net sales of ¥696,000 million, a modest increase of 2.6%. However, operating profit is expected to decline by 11.6% to ¥28,500 million, while ordinary profit is projected to decrease by 1.4% to ¥43,000 million. The company remains cautiously optimistic, focusing on strategic initiatives to navigate the volatile market environment.