AOI Electronics (6832) Q1 2025 earnings summary

Executive summary

• Q1 FY2025 net sales rose 2.9% YoY to ¥8,566 million; operating profit was ¥361 million versus a ¥431 million loss a year earlier.

• Ordinary profit was ¥436 million and profit attributable to owners of parent was ¥416 million, reversing prior-year losses; foreign-exchange gains supported ordinary profit.

Financial highlights

• Gross profit was ¥1,433.9 million, up from ¥590.4 million a year earlier; gross margin improved significantly.

• Basic earnings per share was ¥37.22, compared with a loss per share of ¥30.79 a year earlier.

• Comprehensive income was ¥425 million, versus a loss of ¥307 million in the prior year.

• Total assets at June 30, 2024, were ¥50,948 million, up ¥814 million from March 31, 2024.

Outlook and guidance

• FY2025 forecasts remain unchanged: net sales of ¥36,500 million, operating profit of ¥1,050 million and profit attributable to owners of parent of ¥720 million.

• Full-year basic earnings per share is projected at ¥64.29; annual dividend per share is forecast at ¥54.00, with no dividend forecast revision.

• Management is monitoring global economic and market trends for potential forecast adjustments.