Happinet (7552) Q1 2025 earnings summary

Executive summary

• Net sales for the first quarter were ¥82,358 million, up 0.1% year-over-year, with significant profit growth across all levels.

• Operating profit rose 50.3% to ¥3,278 million, and profit attributable to owners of parent increased 63.6% to ¥2,388 million year-over-year.

Financial highlights

• Gross profit increased to ¥10,702 million from ¥8,858 million year-over-year.

• Ordinary profit rose 48.6% to ¥3,474 million compared to the same quarter last year.

• Comprehensive income reached ¥2,718 million, up 29.8% year-over-year.

• Earnings per share for the quarter were ¥107.24, compared to ¥65.76 in the prior year.

• Equity ratio improved to 46.0% as of June 30, 2024.

Outlook and guidance

• Full-year net sales projected at ¥330,000 million, up 5.8% year-over-year.

• Operating profit forecasted at ¥7,800 million, up 10.1% year-over-year.

• Profit attributable to owners of parent expected to reach ¥5,000 million, a 24.0% increase year-over-year.

• Earnings per share for the full year projected at ¥224.45.

• Dividend policy remains stable, with a projected annual dividend of ¥50.00 per share.