Daytona (7228) Q4 2024 earnings summary

Executive summary

• Revenue increased 4.2% year-over-year to ¥14,543 million, with operating profit down 0.5% and net profit attributable to shareholders up 0.1%.

• Domestic wholesale saw slight sales growth but lower profit due to cost pressures; Asia wholesale surged in both sales and profit; retail sales declined but profit rose.

• Cash and equivalents rose to ¥2,108 million, with strong operating cash flow offset by higher investment and dividend outflows.

Financial highlights

• Operating profit: ¥1,690 million (down 0.5% year-over-year).

• Ordinary profit: ¥1,715 million (down 1.9% year-over-year).

• Net profit attributable to shareholders: ¥1,182 million (up 0.1% year-over-year).

• Gross margin: 38.3% (up from 39.0% prior year).

• EPS: ¥498.58.

• Dividend per share: ¥129 (forecast for next year: ¥135).

Outlook and guidance

• FY2025 revenue forecast: ¥14,858 million (+2.2% year-over-year).

• Operating profit forecast: ¥1,610 million (−4.7% year-over-year).

• Net profit forecast: ¥1,103 million (−6.7% year-over-year).

• Dividend forecast: ¥135 per share.

• Guidance reflects a 9-month accounting period for the Indonesian subsidiary due to fiscal year change.