E J Holdings (2153) Q4 2024 earnings summary

Executive summary

• Net sales for the year ended May 31, 2024, were ¥37,207 million, a slight decrease of 0.8% year-over-year.

• Operating profit declined by 2.3% to ¥4,348 million, while ordinary profit was nearly flat at ¥4,597 million.

• Profit attributable to owners of parent was ¥3,032 million, down 0.6% from the previous year.

• Comprehensive income rose to ¥3,476 million, up from ¥3,041 million in the prior year.

Financial highlights

• Gross profit was ¥12,474 million, nearly unchanged from the previous year.

• Total assets increased to ¥41,423 million from ¥39,194 million year-over-year.

• Net assets rose to ¥32,592 million, with an equity ratio of 78.7%.

• Cash and cash equivalents at year-end were ¥17,935 million, up from ¥15,994 million.

• Net cash provided by operating activities increased to ¥3,940 million.

Outlook and guidance

• For the year ending May 31, 2025, net sales are forecast at ¥38,500 million, up 3.5% year-over-year.

• Operating profit is projected to rise 11.5% to ¥4,850 million, and profit attributable to owners of parent is expected to increase 10.5% to ¥3,350 million.

• Earnings per share forecast is ¥213.90.

• Annual dividend per share is forecast to increase to ¥65.00.