Aica Kogyo (4206) Q1 2025 earnings summary

Executive summary

• Achieved record highs in net sales, operating profit, ordinary profit, and net income for Q1 FY2025, marking increases for the fifth consecutive fiscal year.

• Net sales for Q1 2025 rose 5.1% year-over-year to ¥59,765 million, with operating profit up 4.4% to ¥6,324 million and profit attributable to owners of parent up 8.1% to ¥4,471 million.

• Basic earnings per share increased to ¥71.52 from ¥66.02 year-over-year.

Financial highlights

• Net sales rose 5.1% year-over-year to ¥59,765 million.

• Operating profit increased 4.4% year-over-year to ¥6,324 million, with a margin of 10.6%.

• Ordinary profit grew 6.0% year-over-year to ¥7,175 million.

• Net income attributable to owners of parent climbed 8.1% year-over-year to ¥4,471 million.

• Comprehensive income dropped sharply to ¥127 million from ¥8,949 million year-over-year, mainly due to a significant negative foreign currency translation adjustment.

Outlook and guidance

• First-half (Q1-Q2) net sales forecast at ¥126,600 million, 47.2% achieved in Q1.

• Operating profit forecast for first half is ¥13,600 million, 46.5% achieved in Q1.

• Full-year forecast for FY2026: net sales ¥265,000 million (+6.6% YoY), operating profit ¥29,000 million (+5.8%), ordinary profit ¥30,000 million (+4.6%), profit attributable to owners of parent ¥18,300 million (+8.3%), and EPS ¥291.55.

• No revisions to previously announced earnings or dividend forecasts.