Core (2359) Q1 2026 earnings summary

Executive summary

• Net sales for the quarter ended June 30, 2025, rose 2.4% year-over-year to ¥5,929 million, with operating profit up 14.8% to ¥685 million and profit attributable to owners up 9.5% to ¥499 million.

• Comprehensive income increased 10.8% year-over-year to ¥521 million for the quarter.

• Net sales, gross profit, operating profit, ordinary profit, and profit attributable to owners all increased compared to the same quarter last year.

Financial highlights

• Gross profit reached ¥1,596 million, a 4.6% increase year-over-year.

• Ordinary profit increased to ¥711 million, up 9.0% year-over-year.

• Basic earnings per share for the quarter were ¥34.77, up from ¥31.84 a year earlier.

• Equity-to-asset ratio stood at 72.9% as of June 30, 2025.

• Order backlog grew to ¥9,473 million, up 5.4% year-over-year.

Outlook and guidance

• Full-year net sales forecast for fiscal year ending March 31, 2026, is ¥27,000 million.

• Operating profit forecast for the full year is ¥1,500 million.

• Operating profit is projected to rise 10.2% to ¥3,500 million, with profit attributable to owners expected to increase 11.5% to ¥2,500 million.

• No revisions to previously announced earnings or dividend forecasts.

• Guidance subject to change due to economic and market uncertainties.