Fukuda (1899) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 were ¥40,263 million, down 2.8% year-over-year, with operating profit at ¥2,273 million, a 14.5% decrease from the prior year.

• Profit attributable to owners of parent declined 18.4% year-over-year to ¥1,537 million.

• Comprehensive income for Q1 2025 was ¥1,520 million, down 30.6% from Q1 2024.

Financial highlights

• Gross profit for Q1 2025 was ¥4,684 million, down from ¥5,037 million in Q1 2024.

• Basic earnings per share for Q1 2025 was ¥185.72, compared to ¥227.69 in Q1 2024.

• Total assets increased to ¥147,888 million as of March 31, 2025, from ¥142,814 million at December 31, 2024.

• Equity-to-asset ratio decreased to 57.1% from 59.3% at the end of the previous year.

Outlook and guidance

• Full-year 2025 net sales forecast is ¥167,000 million, a 0.2% increase year-over-year.

• Operating profit is projected to decline 21.7% to ¥6,000 million, with profit attributable to owners of parent expected to fall 19.0% to ¥4,300 million.

• Annual dividend forecast remains at ¥200 per share.