Dexerials (4980) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2025 rose 30.3% year-over-year to ¥27,176 million, driven by recovery in consumer IT and strong automotive demand.

• Business profit increased 78.4% year-over-year to ¥9,595 million; operating profit up 81.5% to ¥9,773 million.

• Profit attributable to owners of parent surged 81.5% year-over-year to ¥6,689 million.

• IFRS adopted from FY2025; prior year figures restated for comparison.

Financial highlights

• EBITDA for Q1 FY2025 was ¥11,204 million, up 67.0% year-over-year.

• Gross profit margin improved as net sales and business profit outpaced cost increases.

• Basic earnings per share for Q1 FY2025 was ¥116.95, up from ¥63.54 a year earlier.

• Total assets at June 30, 2024 were ¥140,760 million; total equity ¥89,325 million.

• Equity attributable to owners of parent per share was ¥1,561.57 at June 30, 2024.

Outlook and guidance

• FY2025 full-year guidance unchanged: net sales ¥107,000 million (+1.7% YoY), business profit ¥33,500 million, profit attributable to owners of parent ¥23,000 million.

• Basic EPS forecast for FY2025 is ¥132.20, reflecting a planned 3-for-1 stock split.