Iida Group Holdings (3291) Q1 2025 earnings summary

Executive summary

• Revenue for the three months ended June 30, 2024, increased by 3.3% year-over-year to ¥327.5 billion.

• Operating profit declined 18.2% year-over-year to ¥14.6 billion, and net profit fell 21.3% to ¥9.7 billion.

• Profit attributable to owners of the parent decreased 19.7% year-over-year to ¥10.0 billion.

Financial highlights

• Gross profit for the quarter was ¥51.0 billion, down from ¥52.9 billion in the prior year.

• Basic earnings per share for the quarter were ¥35.75, compared to ¥44.34 a year earlier.

• Total comprehensive profit rose to ¥12.9 billion from ¥11.9 billion year-over-year.

Outlook and guidance

• Full-year revenue forecast is ¥1,549.0 billion, up 7.3% year-over-year.

• Full-year operating profit is projected at ¥75.2 billion, up 27.1% year-over-year.

• Net profit forecast for the year is ¥44.0 billion, up 21.8% year-over-year.

• No revisions to previously announced forecasts.