Ichibanya (7630) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended May 31, 2024, rose 10.5% year-over-year to ¥14,253 million.

• Operating profit decreased 13.7% year-over-year to ¥1,086 million.

• Profit attributable to owners of parent declined 3.8% year-over-year to ¥848 million.

• Comprehensive income increased to ¥1,087 million from ¥964 million year-over-year.

Financial highlights

• Gross profit increased to ¥7,055 million from ¥6,226 million year-over-year.

• Selling, general and administrative expenses rose to ¥5,969 million from ¥4,968 million year-over-year.

• Earnings per share for the quarter were ¥5.32, down from ¥5.53 year-over-year.

• Total assets decreased to ¥42,793 million as of May 31, 2024, from ¥44,032 million as of February 29, 2024.

• Equity ratio improved to 71.7% from 70.2% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecasted at ¥61,500 million, up 11.5% year-over-year.

• Full-year operating profit projected at ¥5,200 million, up 10.3% year-over-year.

• Full-year profit attributable to owners of parent expected to reach ¥3,100 million, up 15.4% year-over-year.

• Full-year EPS forecasted at ¥19.43.