Central Glass (4044) Q4 2024 earnings summary

Executive summary

• Net sales for FY2025 were ¥144,233 million, down 10.0% year-over-year; operating profit fell 26.8% to ¥10,629 million.

• Profit attributable to owners of parent dropped 54.5% to ¥5,678 million compared to the previous year.

• Comprehensive income decreased 51.7% year-over-year to ¥7,512 million.

Financial highlights

• Gross profit declined to ¥39,358 million from ¥42,356 million year-over-year.

• Ordinary profit decreased 25.2% to ¥12,164 million.

• Basic earnings per share fell to ¥229.14 from ¥503.55 year-over-year.

• Equity ratio improved to 57.0% from 53.6% year-over-year.

• Cash and cash equivalents at year-end rose to ¥22,040 million, up ¥2,182 million from the previous year.

Outlook and guidance

• FY2026 net sales forecast at ¥145 billion, nearly flat year-over-year.

• Operating profit expected to decrease to ¥7.5 billion, with ordinary profit at ¥8.0 billion and net income at ¥5.5 billion.

• Annual dividend forecast maintained at ¥170 per share.

• Uncertainty remains due to U.S. tariff policies and yen appreciation.