Nittoseiko Co (5957) Q1 2025 earnings summary

Executive summary

• Net sales increased by 8.0% year-over-year to ¥11,579 million for the three months ended March 31, 2025.

• Operating profit declined 17.5% year-over-year to ¥541 million, and ordinary profit fell 25.2% to ¥531 million.

• Profit attributable to owners of parent dropped 48.7% year-over-year to ¥242 million.

Financial highlights

• Gross profit rose to ¥2,788 million from ¥2,512 million year-over-year.

• Earnings per share decreased to ¥6.69 from ¥12.93 year-over-year.

• Comprehensive income turned negative at ¥(219) million, compared to ¥827 million in the prior year.

Outlook and guidance

• Full-year 2025 net sales forecast at ¥50,100 million, up 6.4% year-over-year.

• Operating profit projected at ¥3,600 million (down 6.3%), and profit attributable to owners of parent at ¥2,300 million (up 4.6%).

• Full-year EPS forecast at ¥63.46.