PIOLAX (5988) Q1 2025 earnings summary

Executive summary

• Net sales rose 4.2% year-over-year to ¥15,734 million for the quarter ending June 30, 2024.

• Operating income declined 27.9% year-over-year to ¥649 million.

• Net income attributable to owners dropped 27.8% year-over-year to ¥721 million.

• Comprehensive income surged 57.2% year-over-year to ¥3,072 million.

Financial highlights

• Gross profit increased slightly to ¥3,725 million from ¥3,666 million year-over-year.

• Selling, general and administrative expenses rose to ¥3,075 million from ¥2,765 million.

• Ordinary income fell 17.7% year-over-year to ¥897 million.

• Net income per share was ¥21.18, down from ¥29.35 year-over-year.

Outlook and guidance

• Full-year net sales forecast at ¥66,000 million, up 2.2% year-over-year.

• Operating income for the year projected at ¥3,600 million, down 23.5% year-over-year.

• Net income forecasted at ¥3,100 million, a 22.8% decrease year-over-year.

• No changes to previously released forecasts.