Daiichikosho (7458 ) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2024 reached ¥36,886 million, up 4.3% year-over-year, marking a record high for the first quarter.

• Operating profit declined 2.3% year-over-year to ¥4,647 million, and ordinary profit fell 16.8% to ¥4,164 million.

• Profit attributable to owners of parent was ¥3,407 million, down 1.0% year-over-year.

Financial highlights

• Gross profit for Q1 FY2024 was ¥13,337 million, up from ¥13,026 million in Q1 FY2023.

• Selling, general and administrative expenses increased to ¥8,690 million from ¥8,269 million year-over-year.

• Basic earnings per share for Q1 FY2024 was ¥31.95, compared to ¥31.73 in Q1 FY2023.

• Comprehensive income for Q1 FY2024 was ¥3,734 million, down 1.6% year-over-year.

Outlook and guidance

• Full-year FY2024 net sales forecast is ¥152,700 million, up 4.1% year-over-year.

• Operating profit for the full year is projected at ¥18,800 million (+1.1%), with profit attributable to owners of parent at ¥16,200 million (+28.9%).

• Basic EPS for the full year is forecast at ¥152.52.

• Dividend forecast remains unchanged at ¥57.00 per share for FY2025.