WILLTEC Interim Results 2025: Sales Up, Profit Down
WILLTEC’s Apr–Sep 2025 interim results: revenue ¥21,884m, operating profit ¥161m, net income ¥101m. Segment and cash highlights + KPMG unqualified review.
Executive takeaway: WILLTEC reported slightly higher interim sales but weaker profitability for the six months to Sept 30, 2025 — revenue ¥21,884 million, operating profit ¥161 million, and net income attributable to owners ¥101 million — and the interim review by KPMG AZSA LLP was unqualified (no matters leading to doubt). ["Sales 21,884 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["Operating profit 161 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["Interim net income attributable to owners of parent 101 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["we found no matter that would lead us to believe"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:4:audit_jpaud-qrr-cc-001_E35470-000_2025-09-30_01_2025-11-13_ixbrl_htm.html)
Key financials (interim Apr 1–Sept 30, 2025)
- Revenue: ¥21,884 million. ["Sales 21,884 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
- Operating profit: ¥161 million (down ~32.6% Y/Y). ["Operating profit 161 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["down 32.6% year on year"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
- Ordinary profit: ¥244 million (down ~32.0% Y/Y). ["ordinary profit was 244 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["down 32.0% year on year"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
- Interim net income attributable to owners: ¥101 million (down 44.8% Y/Y). ["Interim net income attributable to owners of parent 101 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["down 44.8% year on year"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
- Cash & equivalents at period end: ¥4,436 million. ["Cash and cash equivalents at the end of the interim period 4,436"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
- Total assets: ¥19,023 million; total liabilities: ¥10,932 million; equity ratio 42.5%. ["Total Assets 19,023"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["Total Liabilities 10,932"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["Equity ratio 42.5%"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
Operational / management highlights
- Management says the Japanese economy is gradually recovering but uncertainty remains from inflation and U.S. trade policy; demand for electronic components/semiconductors shows signs of recovery but a full rebound will take time. ["Japanese economy is on a gradual recovery trend"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["full recovery is expected to take some time"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
- The company has reorganized reporting segments this period and is focusing on portfolio review, faster decision-making, and efficiency to deliver on its "Future Vision 2035." ["reportable segments has changed"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["Future Vision 2035"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
- Segment performance: Human Resources segment grew (sales ¥13,199m; segment profit ¥464m) while the Product/EMS segment saw weaker results (EMS sales ¥7,506m; segment loss ¥189m). ["Human Resources Field 13,199"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["segment profit was 464 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["EMS business 7,506 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html) ["segment loss was 189 million yen"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:3:original.html)
Audit / governance
- Interim review performed by KPMG AZSA LLC; the auditor issued a conclusion that there were no matters leading them to believe the interim consolidated financial statements are not fairly presented. ["Independent auditor's interim review report"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:4:audit_jpaud-qrr-cc-001_E35470-000_2025-09-30_01_2025-11-13_ixbrl_htm.html) ["we found no matter that would lead us to believe"](145ed1ae-c8da-4aa7-a6bd-12d504aa521e:4:audit_jpaud-qrr-cc-001_E35470-000_2025-09-30_01_2025-11-13_ixbrl_htm.html)
Would you like any of the following next steps?
- Full extraction of the interim consolidated financial statements (complete tables and computed Y/Y deltas).
- Deeper dive into a specific area (EMS segment margins, cash-flow drivers, or human-resources backlog/revenue mix).
- Prepare a short slide-style summary (1 page) for internal distribution.
Tell me which next step you want and I’ll pull the exact lines/tables and compute any (computed) metrics with source citations.
