CKD (6407) Q1 2025 earnings summary

Executive summary

• Net sales rose 15.3% year-over-year to ¥38,078 million for the quarter ended June 30, 2024, with operating profit up 52.0% to ¥4,365 million and profit attributable to owners of parent up 63.6% to ¥3,062 million.

• Growth was driven by strong demand in the automotive battery and semiconductor sectors, with notable gains in both domestic and overseas markets.

Financial highlights

• Gross profit increased to ¥10,917 million from ¥9,186 million year-over-year.

• Ordinary profit rose 54.4% to ¥4,544 million, and comprehensive income reached ¥4,424 million, up from ¥3,899 million.

• Basic earnings per share improved to ¥45.87 from ¥28.06 year-over-year.

• Total assets grew to ¥212,019 million, and net assets to ¥131,785 million, with a capital adequacy ratio of 62.2%.

Outlook and guidance

• Full-year net sales forecast remains at ¥148,000 million, with operating profit projected at ¥17,500 million and profit attributable to owners of parent at ¥11,800 million.

• No changes have been made to previously announced financial forecasts.

• Dividend forecast for the fiscal year ending March 31, 2025, is ¥71.00 per share.