Buffalo (6676) Q1 2025 earnings summary

Executive summary

• Net sales rose 3.3% year-over-year to ¥35,864 million for the quarter ended June 30, 2024.

• Operating profit increased 71.4% year-over-year to ¥1,305 million.

• Profit attributable to owners of parent surged 46.1% year-over-year to ¥804 million.

Financial highlights

• Gross profit grew to ¥9,365 million from ¥9,010 million year-over-year.

• Ordinary profit nearly doubled to ¥1,428 million from ¥734 million year-over-year.

• Earnings per share increased to ¥48.18 from ¥32.69 year-over-year.

• Comprehensive income rose to ¥1,241 million from ¥997 million year-over-year.

Outlook and guidance

• Full-year net sales forecast at ¥150,000 million, up 2.9% year-over-year.

• Full-year operating and ordinary profit both projected at ¥5,800 million, up 123.3% year-over-year.

• Profit attributable to owners of parent forecast to rise 125.2% to ¥3,600 million; EPS expected at ¥227.73.

• Annual dividend forecast maintained at ¥120 per share.