Nihon Dengi (1723) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2024, were ¥6,551 million, a 9.0% decrease year-over-year.

• Operating profit rose 44.3% year-over-year to ¥769 million.

• Profit attributable to owners of parent increased 45.5% year-over-year to ¥567 million.

Financial highlights

• Gross profit increased to ¥2,557 million from ¥2,174 million year-over-year.

• Ordinary profit rose to ¥833 million, up 44.3% from the prior year.

• Earnings per share for the quarter were ¥71.26, up from ¥48.65 year-over-year.

• Comprehensive income for the quarter was ¥668 million, up from ¥599 million year-over-year.

Outlook and guidance

• Full-year net sales forecast at ¥41,500 million, a 6.7% increase year-over-year.

• Operating profit for the full year projected at ¥6,200 million, down 0.8% year-over-year.

• Profit attributable to owners of parent forecasted at ¥4,300 million, an 8.0% decrease year-over-year.

• Full-year earnings per share forecast at ¥540.24.

• Annual dividend forecast at ¥176.00 per share.