Eiwa (9857) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥9,267 million, up 4.8% year-over-year, driven by strong demand in chemical, electric power, and shipbuilding sectors.

• Operating profit rose 35.2% to ¥494 million, and net profit attributable to shareholders increased 32.8% to ¥350 million year-over-year.

• Strategic focus on high value-added sales, digital investment, and expanding growth businesses in DX, GX, and social infrastructure contributed to improved profitability.

Financial highlights

• Revenue: ¥9,267 million (+4.8% YoY); Operating profit: ¥494 million (+35.2% YoY); Ordinary profit: ¥523 million (+31.7% YoY); Net profit: ¥350 million (+32.8% YoY).

• Gross profit increased 9.6% year-over-year to ¥1,675 million.

• EPS for Q1 was ¥55.32, up from ¥41.65 in the prior year.

• Comprehensive income for Q1 was ¥354 million, up 4.1% year-over-year.

Outlook and guidance

• Full-year revenue forecast at ¥44,000 million; operating profit forecast at ¥2,350 million; ordinary profit at ¥2,410 million; net profit at ¥1,680 million.

• Interim and year-end dividends forecast at ¥35 and ¥35 per share, respectively, totaling ¥70 for the year.

• Aims for ROE of 10% in the next fiscal year.