Hioki EE (6866) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 increased by 7.7% year-over-year to ¥9,816 million, with operating profit up 11.9% to ¥1,804 million.

• Ordinary profit declined 1.6% year-over-year to ¥1,697 million, and profit attributable to owners of parent decreased 2.9% to ¥1,171 million.

• Comprehensive income dropped 32.3% year-over-year to ¥977 million.

Financial highlights

• Gross profit rose to ¥5,041 million from ¥4,447 million year-over-year, while operating profit increased to ¥1,804 million from ¥1,613 million.

• Basic earnings per share for Q1 2025 was ¥86.54, down from ¥88.32 in Q1 2024.

• Total assets decreased to ¥44,366 million as of March 31, 2025, from ¥48,159 million at the end of December 2024.

• Equity-to-asset ratio improved to 88.9% from 82.7% at the previous year-end.

Outlook and guidance

• Full-year 2025 net sales are forecast at ¥43,780 million, up 11.5% year-over-year, with operating profit expected to rise 10.8% to ¥8,340 million.

• Profit attributable to owners of parent is projected to increase 4.1% to ¥6,440 million, with basic EPS forecast at ¥473.37.

• No revisions to previously announced earnings or dividend forecasts.