NANYO (7417) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥8,612 million, down 10.5% year-over-year, with operating profit at ¥629 million, down 15.2% year-over-year, and net profit attributable to shareholders at ¥486 million, down 8.7%.

• Results were generally in line with plan despite a challenging economic environment, including resource price hikes and supply constraints.

Financial highlights

• Gross profit for Q1 FY2025 was ¥1,832 million, slightly up from ¥1,817 million year-over-year.

• Operating margin declined due to higher selling, general, and administrative expenses.

• Comprehensive income for the quarter was ¥632 million, down from ¥786 million year-over-year.

• EPS for Q1 FY2025 was ¥38.97, compared to ¥41.81 in the prior year.

Outlook and guidance

• No revision to full-year guidance; FY2025 revenue forecast is ¥36,500 million (down 3.9% year-over-year), with net profit forecast at ¥1,650 million (down 17.2%).

• Interim dividend forecast is ¥10.00 per share, with a full-year forecast of ¥40.00 per share.