Koa Shoji Holdings (9273) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended September 30, 2024, were ¥5,027 million, a 13.7% decrease year-over-year.

• Operating profit declined 6.0% year-over-year to ¥1,125 million.

• Ordinary profit was ¥1,200 million, up 0.8% year-over-year.

• Profit attributable to owners of parent increased 4.9% year-over-year to ¥794 million.

• Earnings per share for the quarter were ¥18.87.

Financial highlights

• Gross profit for the quarter was ¥1,658 million, down from ¥1,723 million year-over-year.

• Selling, general and administrative expenses were ¥532 million, slightly up from ¥525 million year-over-year.

• Total assets as of September 30, 2024, were ¥31,990 million, nearly unchanged from June 30, 2024.

• Net assets increased to ¥25,272 million, with an equity ratio of 79.0%.

• Comprehensive income for the quarter was ¥768 million.

Outlook and guidance

• Full-year net sales forecast is ¥23,350 million, up 5.5% year-over-year.

• Operating profit for the year is projected at ¥4,620 million, up 5.4% year-over-year.

• Profit attributable to owners of parent is forecast at ¥3,080 million, up 4.5% year-over-year.

• Full-year earnings per share forecast is ¥73.13.

• Annual dividend forecast is ¥14.00 per share.