GOLDCREST Co (8871) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥6,741 million, a 166.1% increase year-over-year, with operating profit of ¥1,770 million and net profit attributable to shareholders of ¥1,165 million, reversing losses from the prior year.

• The company focused on acquiring profitable land and supplying high-quality, competitive condominiums in central Tokyo, amid a market with rising construction costs and low supply but steady demand.

Financial highlights

• Operating profit reached ¥1,770 million, compared to an operating loss of ¥212 million in Q1 FY2024.

• Net profit attributable to shareholders was ¥1,165 million, compared to a net loss of ¥391 million year-over-year.

• Gross margin improved significantly as sales and profits increased across all segments.

• Comprehensive income for the quarter was ¥1,167 million.

Outlook and guidance

• Full-year FY2025 guidance remains unchanged: revenue ¥26,500 million, operating profit ¥6,000 million, net profit ¥4,000 million, and EPS ¥120.35.

• No revisions to previously announced forecasts.