Kraftia (1959) Q1 2025 earnings summary

Executive summary

• Achieved significant year-over-year growth in sales and profits for the first quarter of FY2025, with net sales up 24.3% to ¥107,205 million and operating profit up 113.4% to ¥10,263 million, driven by large construction projects and improved profitability.

• Net profit for the first quarter was ¥7,758 million, an 82.4% increase year-over-year, and profit per share rose from ¥60.05 to ¥109.69.

• Orders for the first quarter reached ¥115,968 million, but declined 11.7% year-over-year following a strong prior-year quarter.

• Continued focus on productivity enhancement, work style reform, and sustainability initiatives, including environmental management and diversity promotion.

• The Ukujima solar project progressed appropriately, with ongoing stakeholder engagement.

Financial highlights

• Sales for the first quarter were ¥107,205 million, a 24.3% increase year-over-year.

• Operating profit for the first quarter rose to ¥10,263 million, up 113.4% year-over-year.

• Net profit for the first quarter was ¥7,758 million, an 82.4% increase year-over-year.

• Profit per share increased to ¥109.69 from ¥60.05 year-over-year.

• Comprehensive income for the quarter was ¥7,748 million, up 29.5% year-over-year.

Outlook and guidance

• FY2025 full-year sales are projected at ¥500,000 million, up 6.6% from the previous year.

• Operating profit is forecasted at ¥39,500 million, a 3.9% increase year-over-year; ordinary income at ¥43,000 million (+1.5%), and profit attributable to owners of parent at ¥29,000 million (+3.5%).

• Annual dividend for FY2025 planned at ¥130 per share, up from ¥120 in FY2024.

• No changes to previously announced earnings forecasts.