NIKKON Holdings (9072) Q1 2025 earnings summary

Executive summary

• Net sales rose 8.4% year-over-year to ¥57,968 million for the quarter ended June 30, 2024.

• Operating profit decreased 2.2% year-over-year to ¥5,058 million.

• Ordinary profit increased 8.5% year-over-year to ¥6,536 million.

• Profit attributable to owners of parent grew 10.1% year-over-year to ¥4,450 million.

Financial highlights

• Gross profit increased to ¥8,884 million from ¥8,033 million year-over-year.

• Selling, general and administrative expenses rose to ¥3,826 million from ¥2,861 million.

• Earnings per share for the quarter were ¥70.57, up from ¥62.97 year-over-year.

• Total assets increased to ¥417,207 million as of June 30, 2024, from ¥388,446 million at March 31, 2024.

• Equity ratio declined to 58.8% from 63.3% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecasted at ¥250,000 million, up 12.4% year-over-year.

• Full-year operating profit projected at ¥24,000 million, up 13.0% year-over-year.

• Full-year profit attributable to owners of parent expected at ¥17,000 million, up 2.4% year-over-year.

• Full-year earnings per share forecasted at ¥269.57.

• Interim dividend forecasted at ¥27.00 per share, with full-year dividend at ¥54.00 per share.