Qol Holdings (3034) Q1 2026 earnings summary

Executive summary

• Achieved record-high sales and profits for the first quarter ended June 30, 2025, with net sales up 17.5% to ¥71,730 million and operating profit up 23.2% to ¥3,592 million, driven by growth in dispensing sales, new AG products, and increased stake in DAIICHI SANKYO ESPHA.

• EBITDA increased 23.2% year-over-year to ¥5,958 million, reflecting strong operational performance.

• Profit attributable to owners of parent surged 120.2% to ¥1,856 million, with EPS up 118.8% to ¥49.43.

• Acquisition of an additional 29% stake in DAIICHI SANKYO ESPHA in April 2025 raised ownership to 80%, significantly impacting consolidated results and equity.

Financial highlights

• Net sales rose 17.5% year-over-year to ¥71,730 million; operating profit up 23.2% to ¥3,592 million; ordinary profit up 22.6% to ¥3,635 million.

• Gross profit reached ¥10,386 million, up from ¥9,149 million year-over-year.

• Profit attributable to owners of parent surged 120.2% to ¥1,856 million; EPS climbed to ¥49.43.

• Comprehensive income was ¥2,214 million, up 54.1% year-over-year.

• Gross profit margin slightly decreased as cost of sales rose 18.2%.

Outlook and guidance

• Full-year net sales forecast at ¥280,000 million (up 6.1% year-over-year), with 1Q progress at 25.6%.

• Operating profit forecast at ¥15,500 million (up 15.1%), with 1Q progress at 23.2%.

• Net income per share forecast at ¥186.35, with 1Q progress at 26.5%.

• Profit attributable to owners of parent forecasted at ¥7,000 million (up 35.5%).

• No changes to previously announced financial forecasts.