Central Glass (4044) Q1 2025 earnings summary

Executive summary

• Net sales for the quarter ended June 30, 2025, were ¥33,368 million, down 4.2% year-over-year despite proactive sales efforts.

• Operating profit fell 46.0% to ¥1,586 million, and profit attributable to owners of parent dropped 72.3% to ¥834 million year-over-year.

• Comprehensive income declined sharply to ¥541 million from ¥4,346 million in the prior year period.

Financial highlights

• Gross profit decreased to ¥8,688 million from ¥10,079 million year-over-year.

• Ordinary profit was ¥1,781 million, down 57.5% year-over-year.

• Basic earnings per share dropped to ¥33.65 from ¥121.57 year-over-year.

• Total assets at June 30, 2025, were ¥201,039 million, down from ¥204,834 million at March 31, 2025.

• Equity ratio slightly decreased to 56.8% from 57.0% at the previous fiscal year-end.

Outlook and guidance

• Full-year forecast for FY2026: net sales ¥145,000 million (+0.5% YoY), operating profit ¥7,500 million (–29.4%), ordinary profit ¥8,000 million (–34.2%), profit attributable to owners of parent ¥5,500 million (–3.1%).

• No revisions to previously announced forecasts; management will monitor and review as needed.