NSW (9739) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2024, rose 1.7% year-over-year to ¥10,982 million.

• Operating profit increased 7.5% year-over-year to ¥962 million, and ordinary profit grew 6.9% to ¥976 million.

• Profit attributable to owners of parent was ¥662 million, up 15.3% year-over-year.

• Comprehensive income for the quarter reached ¥705 million, a 22.1% increase year-over-year.

Financial highlights

• Gross profit for the quarter was ¥2,028 million, up from ¥1,979 million in the prior year.

• Basic earnings per share for the quarter were ¥44.45, compared to ¥38.56 a year earlier.

• Total assets as of June 30, 2024, were ¥42,364 million, down from ¥44,138 million at March 31, 2024.

• Net assets stood at ¥33,059 million, with a capital adequacy ratio of 78.0%.

Outlook and guidance

• Full-year net sales forecast for the fiscal year ending March 31, 2025, is ¥52,000 million, a 3.4% increase year-over-year.

• Operating profit is projected at ¥6,000 million (up 2.3%), and profit attributable to owners of parent at ¥4,175 million (down 2.6%).

• Basic earnings per share for the full year are forecast at ¥280.21.

• Dividend forecast for the year is ¥85.00 per share, with a ¥40.00 interim dividend.