Nojima (7419) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2024, rose 10.1% year-over-year to ¥189,064 million, with operating income up 49.8% to ¥7,779 million and net income attributable to shareholders up 68.7% to ¥5,595 million.

• EBITDA reached a record ¥15,410 million, up 33.2% year-over-year.

• Comprehensive income increased 62.1% year-over-year to ¥6,538 million.

Financial highlights

• Gross profit for the quarter was ¥55,437 million, with a gross margin of 29.3%.

• Net income per share was ¥57.33, up from ¥33.79 a year earlier.

• Total assets as of June 30, 2024, were ¥556,803 million, up ¥9,661 million from March 31, 2024.

• Equity ratio improved slightly to 31.9%.

Outlook and guidance

• Full-year net sales forecast is ¥765,000 million, with operating income of ¥31,000 million and net income attributable to shareholders of ¥27,000 million.

• No revisions to previously announced forecasts.

• Dividend forecast for FY2025 is ¥36.00 per share.