Maruzen (5982) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥16,118 million, up 5.3% year-over-year, with operating profit at ¥1,727 million, up 36.9% year-over-year, and net income attributable to shareholders at ¥1,318 million, up 34.9% year-over-year.

• Economic normalization post-COVID supported recovery, but uncertainties remain due to international instability, yen depreciation, and rising material and fuel costs.

Financial highlights

• Gross profit increased to ¥4,587 million from ¥4,085 million year-over-year.

• EPS for Q1 FY2025 was ¥83.57, up from ¥60.29 in the prior year.

• Total assets rose to ¥68,921 million, and net assets to ¥45,574 million, with an equity ratio of 66.1%.

• Comprehensive income for the quarter was ¥1,307 million, up 31.1% year-over-year.

Outlook and guidance

• Full-year FY2025 guidance remains unchanged: revenue ¥60,000 million (down 1.0% year-over-year), operating profit ¥4,900 million (up 0.9%), net income ¥3,750 million (up 1.1%), EPS ¥237.73.

• Interim and year-end dividends are forecast at ¥45.00 each, totaling ¥90.00 per share for the year.