Noda (7879) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥15,864 million, down 3.1% year-over-year, with an operating loss of ¥83 million and a net loss attributable to shareholders of ¥201 million, reflecting continued weak housing demand and rising costs.

• The company focused on expanding sales of interior building materials and cost control, but profitability declined due to sluggish sales volumes and persistent high costs for materials, logistics, and energy.

Financial highlights

• Q1 revenue decreased 3.1% year-over-year to ¥15,864 million.

• Operating loss was ¥83 million, compared to an operating profit of ¥523 million in the prior year.

• Net loss attributable to shareholders was ¥201 million, versus a profit of ¥245 million last year.

• EPS was -¥12.84, down from ¥15.27 in the previous year.

• Comprehensive loss for the quarter was ¥234 million.

Outlook and guidance

• Full-year FY2025 guidance remains unchanged: revenue ¥67,900 million (+1.3% YoY), operating profit ¥600 million (+34.9%), net profit ¥400 million (+25.5%), EPS ¥25.55.

• Dividend forecast for FY2025 is ¥36.00 per share, down from ¥42.50 in FY2024.