KeePer Technical Laboratory (6036) Q1 2025 earnings summary

Executive summary

• Q1 FY06/2025 net sales rose 13.6% year-over-year to ¥5,411 million, with operating profit up 27.2% to ¥1,497 million and net profit up 27.6% to ¥1,019 million.

• Both main business segments delivered double-digit sales and profit growth, supported by strong demand, new car market gains, and new store openings.

Financial highlights

• Products segment sales grew 14.4% year-over-year to ¥2,439 million; LABO segment sales increased 13.0% to ¥2,972 million.

• Gross profit increased to ¥4,370 million from ¥3,880 million year-over-year; SGA expenses rose 6.4%.

• Operating margin improved to 27.7% from 24.7% year-over-year; segment OPM: Products 39.3%, LABO 18.0%.

• Basic earnings per share for Q1 was ¥37.36, up from ¥29.28 a year earlier.

• Total assets as of September 30, 2024, were ¥18,680 million, with net assets at ¥14,110 million and a capital adequacy ratio of 75.5%.

Outlook and guidance

• FY06/2025 full-year net sales forecast at ¥24,500 million (+19.1% YoY), operating profit ¥7,000 million (+14.7%), net profit ¥4,800 million (+8.6%).

• EPS projected at ¥175, up from ¥162 last year; dividend per share forecast at ¥53.

• OPM expected to decrease slightly to 28.6% for the year.