Impress (9479) Q1 2025 earnings summary

Executive summary

• FY2023 net sales were 14,466 million yen, down 4.6% year-over-year, mainly due to a decline in the media business, especially Publishing.

• Operating profit fell to -483 million yen, and net profit was -1,036 million yen, impacted by extraordinary losses and tax adjustments.

• Comprehensive income was -1,086 million yen, compared to 403 million yen the previous year.

• Extraordinary losses totaled 431 million yen, including business restructuring and impairment losses.

Financial highlights

• Net sales: 14,466 million yen (-4.6% year-over-year).

• Operating profit: -483 million yen (down from 386 million yen in FY2022).

• Net profit: -1,036 million yen (down from 375 million yen in FY2022).

• Cash and cash equivalents at year-end: 4,914 million yen, down from 5,983 million yen.

• Basic earnings per share fell to -30.64 yen from 11.15 yen year-over-year.

Outlook and guidance

• FY2024 net sales forecast: 14,900 million yen (+3.0% to +3.3% year-over-year).

• Operating profit forecast: 250 million yen (up 733 million yen from FY2023).

• Net profit forecast: 200 million yen (up 1,236 million yen from FY2023).

• Basic earnings per share projected at 5.91 yen for the next fiscal year.

• Dividend per share forecast maintained at 4.0 yen.