E J Holdings (2153) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended August 31, 2024, were ¥3,082 million, down 3.9% year-over-year.

• Operating loss increased to ¥1,053 million from ¥952 million in the prior year period.

• Net loss attributable to owners of parent was ¥869 million, compared to ¥656 million loss a year earlier.

• Earnings per share were negative ¥55.43, compared to negative ¥41.97 in the prior year.

Financial highlights

• Gross profit declined to ¥945 million from ¥1,052 million year-over-year.

• Total assets decreased to ¥37,638 million as of August 31, 2024, from ¥41,423 million as of May 31, 2024.

• Net assets fell to ¥30,724 million from ¥32,592 million at the previous fiscal year-end.

• Equity ratio improved to 81.6% from 78.7% as of May 31, 2024.

Outlook and guidance

• Full-year net sales forecasted at ¥38,500 million, up 3.5% year-over-year.

• Operating profit projected at ¥4,850 million, up 11.5% year-over-year.

• Net profit attributable to owners of parent expected to reach ¥3,350 million, up 10.5% year-over-year.

• Full-year earnings per share forecasted at ¥213.90.

• Annual dividend forecast set at ¥65.00 per share.