Core (2359) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2024, increased by 6.3% year-over-year to ¥5,788 million.

• Operating profit rose 16.0% year-over-year to ¥597 million.

• Ordinary profit grew 17.9% year-over-year to ¥652 million.

• Profit attributable to owners of parent increased 20.8% year-over-year to ¥456 million.

Financial highlights

• Earnings per share for the quarter were ¥31.84, up from ¥26.44 in the prior year.

• Total assets as of June 30, 2024, were ¥23,549 million, with net assets of ¥16,829 million.

• Equity ratio stood at 71.4% as of June 30, 2024.

Outlook and guidance

• Full-year net sales forecasted at ¥26,000 million, up 7.1% year-over-year.

• Operating profit projected at ¥3,300 million, up 5.1% year-over-year.

• Profit attributable to owners of parent expected to reach ¥2,400 million, up 5.7% year-over-year.

• Full-year earnings per share forecasted at ¥167.62.