Dai-Ichi Cutter Kogyo (1716) Q1 2025 earnings summary

Executive summary

• Revenue for the first quarter was ¥5,463 million, a 6.7% decrease year-over-year due to the exclusion of a subsidiary from consolidation, despite growth in the core cutting and drilling business.

• Operating profit declined 27.9% year-over-year to ¥649 million, and net profit attributable to shareholders fell 37.6% to ¥411 million.

• The company maintained its full-year guidance, with no changes to previously announced forecasts.

Financial highlights

• Revenue: ¥5,463 million (down 6.7% year-over-year).

• Operating profit: ¥649 million (down 27.9% year-over-year).

• Ordinary profit: ¥667 million (down 35.2% year-over-year).

• Net profit attributable to shareholders: ¥411 million (down 37.6% year-over-year).

• EPS: ¥36.42 (down from ¥58.27 year-over-year).

Outlook and guidance

• Full-year revenue forecast: ¥21,000 million (up 0.4% year-over-year).

• Full-year operating profit forecast: ¥2,500 million (up 1.8% year-over-year).

• Full-year net profit forecast: ¥1,750 million (down 11.3% year-over-year).

• No changes to previously announced guidance.