Creo (9698) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2024, were ¥3,283 million, down 3.5% year-over-year.

• Operating profit dropped sharply to ¥5 million, a 96.6% decrease compared to the same quarter last year.

• Profit attributable to owners of parent was ¥6 million, down 94.4% year-over-year.

Financial highlights

• Gross profit for the quarter was ¥635 million, down from ¥760 million year-over-year.

• Ordinary profit fell to ¥15 million from ¥166 million in the prior year period.

• Earnings per share for the quarter were ¥0.79, compared to ¥14.17 in the previous year.

• Total assets as of June 30, 2024, were ¥9,656 million, down from ¥10,057 million at March 31, 2024.

• Net assets decreased to ¥6,875 million from ¥7,296 million at the end of the previous fiscal year.

Outlook and guidance

• Full-year net sales forecast is ¥15,000 million, up 4.5% year-over-year.

• Full-year operating profit is projected at ¥351 million, up 1.0% year-over-year.

• Profit attributable to owners of parent for the full year is forecast at ¥790 million, up 10.1% year-over-year.

• Full-year earnings per share forecast is ¥100.27.