Kikusui Holdings (6912) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥2,693 million, a 5.4% decrease year-over-year due to restrained capital investment in overseas markets.

• Operating profit declined 12.6% year-over-year to ¥310 million, and net profit attributable to shareholders fell 3.0% to ¥208 million.

• The company focused on expanding sales in key markets such as aerospace, batteries, and automotive, with efforts in cost reduction and targeted sales promotions.

Financial highlights

• Revenue: ¥2,693 million (down 5.4% year-over-year).

• Operating profit: ¥310 million (down 12.6% year-over-year).

• Ordinary profit: ¥364 million (down 7.2% year-over-year).

• Net profit attributable to shareholders: ¥208 million (down 3.0% year-over-year).

• Comprehensive income: ¥181 million (down 40.8% year-over-year).

Outlook and guidance

• No changes to previously announced full-year guidance: FY2025 revenue forecast at ¥12,800 million (+2.5% year-over-year), operating profit at ¥1,930 million (+4.1%), and net profit at ¥1,310 million (+0.7%).

• Dividend forecast remains unchanged at ¥47 per share.