NAGAWA (9663) Q1 2025 earnings summary

Executive summary

• Net sales rose 18.2% year-over-year to ¥8,463 million for the quarter ended June 30, 2024.

• Operating profit increased 14.8% year-over-year to ¥901 million.

• Profit attributable to owners of parent grew 16.3% year-over-year to ¥770 million.

Financial highlights

• Gross profit improved to ¥3,217 million from ¥2,984 million year-over-year.

• Ordinary profit rose 17.5% year-over-year to ¥1,160 million.

• Basic earnings per share increased to ¥49.06 from ¥42.16 year-over-year.

• Comprehensive income declined to ¥597 million from ¥1,593 million year-over-year, mainly due to a negative swing in valuation differences on securities.

Outlook and guidance

• Full-year net sales forecast at ¥36,000 million, up 10.5% year-over-year.

• Full-year operating profit projected at ¥2,700 million, up 33.9% year-over-year.

• Profit attributable to owners of parent expected to reach ¥3,700 million, up 18.6% year-over-year.

• No revision to previously announced forecasts.