KONISHI (4956) Q1 2025 earnings summary

Executive summary

• Net sales rose 1.3% year-over-year to ¥32,267 million for the first three months ended June 30, 2024, but operating profit declined 3.7% to ¥2,122 million and profit attributable to owners of parent fell 3.7% to ¥1,528 million.

• The group launched its Medium-Term Management Plan 2027, focusing on new business development, growth areas, and record capital investments in production, logistics, and DX.

Financial highlights

• Gross profit was ¥6,224 million, nearly flat year-over-year, while comprehensive income dropped 26.1% to ¥1,850 million.

• Basic earnings per share for the quarter was ¥23.14, reflecting a stock split effective January 1, 2024.

• Equity-to-asset ratio improved to 60.8% from 56.6% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast is ¥139,000 million (up 4.5% year-over-year), with operating profit of ¥10,700 million (up 4.0%) and profit attributable to owners of parent of ¥7,400 million (up 0.8%).

• No changes to previously announced earnings forecasts.