Fujita Kanko (9722) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 rose by ¥1.77 billion or 10.5% year-over-year to ¥18.77 billion, driven by inbound demand and improved product competitiveness.

• Operating profit increased by ¥0.89 billion or 43.7% year-over-year to ¥2.95 billion, with all business segments posting higher sales.

• Ordinary profit rose 14.9% to ¥2,500 million.

• Net profit attributable to owners declined 2.6% year-over-year to ¥1,626 million due to higher tax expenses and extraordinary losses.

• Comprehensive income grew 10.4% year-over-year to ¥2,121 million.

Financial highlights

• Net sales: ¥18,765 million (up ¥1,779 million year-over-year).

• Operating profit: ¥2,954 million (up ¥897 million year-over-year).

• Ordinary profit: ¥2,500 million (up ¥323 million year-over-year).

• Net profit attributable to owners: ¥1,626 million (down ¥43 million year-over-year).

• Gross profit for Q1 2025 was ¥3,832 million, up from ¥2,906 million in Q1 2024.

Outlook and guidance

• Full-year 2025 net sales forecast at ¥78,600 million, up 3.1% year-over-year.

• Operating profit projected at ¥12,000 million (up 2.5%), ordinary profit at ¥11,700 million (down 7.3%), and profit attributable to owners at ¥8,000 million (down 12.4%).

• Full-year basic earnings per share forecast at ¥660.86.

• No revision to previously announced forecasts.