Honyaku Center (2483) Q1 2025 earnings summary

Executive summary

• Net sales rose 5.3% year-over-year to ¥2,715 million, driven by strong performance in the Translation and Interpretation businesses.

• Operating income increased 4.0% year-over-year to ¥173 million, while ordinary income declined 1.8% due to lower equity method profits.

• Net income attributable to shareholders fell 4.0% year-over-year to ¥112 million.

• Comprehensive income reached ¥120 million, up from ¥118 million in the prior year.

Financial highlights

• Gross profit improved to ¥1,307 million from ¥1,254 million year-over-year.

• Net income per share was ¥33.69, down from ¥35.18 in the prior year.

• Shareholders’ equity ratio increased to 77.0% from 75.0% at the previous fiscal year-end.

• Total assets decreased to ¥7,988 million from ¥8,326 million at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast at ¥12,100 million, up 7.0% year-over-year.

• Full-year operating income projected at ¥1,050 million, up 16.3% year-over-year.

• Net income attributable to shareholders forecast at ¥720 million, up 1.2% year-over-year.

• No changes to previously disclosed forecasts.