Doshisha Co (7483) Q1 2025 earnings summary

Executive summary

• Net sales rose 5.7% year-over-year to ¥27,869 million for the quarter ended June 30, 2024.

• Operating profit declined 4.0% year-over-year to ¥2,416 million.

• Profit attributable to owners of parent decreased 3.5% year-over-year to ¥1,678 million.

• Comprehensive income dropped 30.5% year-over-year to ¥1,988 million.

Financial highlights

• Gross profit increased to ¥8,335 million from ¥7,893 million year-over-year.

• Ordinary profit fell 3.1% year-over-year to ¥2,516 million.

• Earnings per share was ¥49.15, down from ¥50.93 in the prior year.

• Equity ratio improved to 83.8% as of June 30, 2024.

• Net assets per share rose to ¥2,424.50.

Outlook and guidance

• Full-year net sales forecast at ¥110,000 million, up 3.9% year-over-year.

• Full-year operating profit projected at ¥9,000 million, up 13.5% year-over-year.

• Profit attributable to owners of parent expected to reach ¥6,000 million, up 3.7% year-over-year.

• Annual dividend forecast raised to ¥80.00 per share.