Cross Cat Co (2307) Q1 2025 earnings summary

Executive summary

• Net sales rose 12.2% year-over-year to ¥3,880 million for the quarter ended June 30, 2024, driven by strong demand in financial services and public sector sales.

• Operating profit increased 24.8% year-over-year to ¥304 million, and profit attributable to owners of parent grew 27.0% to ¥222 million.

• The company launched a new Medium-term Business Plan, “Growing Value 2026,” focusing on service quality and customer success.

Financial highlights

• Ordinary profit reached ¥343 million, up 22.6% year-over-year.

• Basic earnings per share for the quarter were ¥15.65, compared to ¥11.86 in the prior year.

• Comprehensive income was ¥257 million, nearly flat year-over-year.

Outlook and guidance

• Full-year net sales forecast is ¥15,600 million, up 4.5% year-over-year; profit attributable to owners of parent is projected at ¥1,040 million, down 20.7%.

• No changes to previously announced forecasts for the six months and full year.