Estic (6161) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥1,275 million, down 18.4% year-over-year due to delayed large orders and weaker sales across main product lines.

• Operating profit fell 39.0% to ¥164 million, and net profit attributable to shareholders dropped 49.4% to ¥97 million compared to the same quarter last year.

• Overseas sales accounted for 72.8% of total revenue, with both domestic and international markets experiencing declines.

Financial highlights

• Revenue: ¥1,275 million (−18.4% YoY); Operating profit: ¥164 million (−39.0% YoY); Net profit: ¥97 million (−49.4% YoY).

• Gross margin and operating margin both declined due to lower sales in all major product categories.

• Overseas sales: ¥928 million (−17.1% YoY); Domestic sales: ¥346 million (−21.7% YoY).

• Comprehensive income for the quarter was ¥201 million, down from ¥269 million a year earlier.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥7,876 million (+10.5% YoY), with operating profit projected at ¥1,620 million (+8.7% YoY) and net profit at ¥1,146 million (+1.1% YoY).

• No revision to previously announced guidance as of this quarter.