Central Automotive Products (8117) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥8,993 million, up 0.7% year-over-year, with operating profit at ¥2,272 million, down 2.8% year-over-year.

• Net income attributable to shareholders was ¥1,830 million, a 1.2% increase year-over-year.

• Despite a challenging market with declining new car sales, the group focused on expanding high-value product share and strengthening its brand.

Financial highlights

• Operating profit margin slightly decreased as operating profit fell 2.8% year-over-year.

• Comprehensive income dropped 26.1% year-over-year to ¥1,739 million.

• EPS for Q1 was ¥99.47, up from ¥98.43 in the prior year.

• Total assets at quarter-end were ¥56,702 million, down ¥684 million from the previous year-end.

• Equity ratio improved to 88.6% from 87.0% at the previous year-end.

Outlook and guidance

• No changes to previously announced full-year guidance: revenue forecast at ¥41,000 million (+4.2% YoY), operating profit at ¥10,800 million (+6.2% YoY), and net income at ¥8,100 million (+2.2% YoY).

• Interim and year-end dividends are projected at ¥65 and ¥70 per share, respectively.