Nippon Seiki (7287) Q1 2025 earnings summary

Executive summary

• Revenue for the three months ended June 30, 2024, was ¥76,383 million, up 2.7% year-over-year.

• Operating profit declined 5.4% year-over-year to ¥2,181 million.

• Net profit attributable to owners of parent dropped sharply to ¥196 million from ¥2,971 million a year earlier.

• Comprehensive income decreased to ¥5,728 million from ¥17,389 million year-over-year.

Financial highlights

• Gross profit increased to ¥11,336 million from ¥10,950 million year-over-year.

• Basic and diluted EPS fell to ¥3.31 from ¥49.24 year-over-year.

• Total assets stood at ¥337,733 million as of June 30, 2024, with equity attributable to owners at ¥224,709 million.

• Net cash provided by operating activities was ¥9,314 million, down from ¥12,016 million year-over-year.

• Net cash used in investing activities increased to ¥5,636 million from ¥4,400 million year-over-year.

Outlook and guidance

• Fiscal year ending March 31, 2025, revenue forecast at ¥310,000 million, up 0.8% year-over-year.

• Operating profit projected at ¥9,300 million, up 9.6% year-over-year.

• Net profit attributable to owners of parent forecast at ¥6,600 million, up 24.5% year-over-year.

• Annual dividend forecast raised to ¥50 per share.