Daytona (7228) Q1 2025 earnings summary

Executive summary

• Q1 FY2025 revenue rose 12.7% YoY to ¥3,356.8 million; operating profit increased 38.7% to ¥337.9 million, with domestic and Asia wholesale driving growth.

• Full-year guidance remains unchanged; domestic wholesale was slightly ahead of plan, while currency, US tariff policy, geopolitics and consumer trends cloud the outlook.

Financial highlights

• Revenue ¥3,356.8 million, up 12.7% YoY; operating profit ¥337.9 million, up 38.7%; ordinary profit ¥331.8 million, up 35.0%.

• Net income attributable to owners ¥225.8 million, up 30.4% YoY; basic EPS ¥95.08 and diluted EPS ¥91.00.

• Comprehensive income was ¥211.2 million, compared with ¥191.0 million in Q1 FY2024.

Outlook and guidance

• FY2025 guidance unchanged: revenue ¥14,858 million (+1.9% YoY), operating profit ¥1,610 million (+6.1%), ordinary profit ¥1,640 million (-5.9%), and net income ¥1,103 million (-8.7%).

• H1 guidance: revenue ¥7,207 million (+5.4% YoY), operating profit ¥738 million (-4.0%), ordinary profit ¥757 million (-4.8%), and net income ¥518 million (-6.4%).

• Domestic wholesale tracked slightly above plan; Indonesian demand is expected to remain firm, while retail is focused on PIT services amid declining store visits.