Keyence (6861) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2024 rose 11.2% year-over-year to ¥247,223 million, with operating income up 10.9% to ¥123,405 million and net income attributable to owners of parent up 9.9% to ¥93,534 million.

• Comprehensive income increased 11.5% year-over-year to ¥101,516 million.

Financial highlights

• Gross profit grew to ¥207,391 million from ¥181,671 million year-over-year.

• Earnings per share increased to ¥385.67 from ¥351.02 year-over-year.

• Equity ratio improved to 95.6% as of June 20, 2024, up from 94.7% at the previous fiscal year-end.

• Total assets reached ¥3,002,915 million, up from ¥2,964,792 million as of March 20, 2024.

• Dividend forecast maintained at ¥300 per share for the fiscal year.

Key financial ratios and metrics

• Operating margin for Q1 FY2024 was approximately 49.9%.

• Net margin for Q1 FY2024 was approximately 37.8%.

• Return on equity remains robust, supported by high equity ratio and growing net income.