Quest Co (2332) Q1 2025 earnings summary

Executive summary

• Net sales rose 3.9% year-over-year to ¥3,582 million in Q1 FY2024, driven by increased orders in manufacturing and semiconductor sectors.

• Operating profit surged 48.3% to ¥228 million, and net profit attributable to owners of parent increased 39.4% to ¥162 million, reflecting higher revenue and absence of prior year one-time expenses.

• EBITDA reached ¥287 million (up from ¥221 million), with EBITDA margin improving to 8.0% from 6.4%.

Financial highlights

• Gross profit increased to ¥691.7 million from ¥583.4 million year-over-year.

• Ordinary profit rose 40.7% to ¥247.6 million.

• Earnings per share climbed to ¥30.31 from ¥21.76 year-over-year.

• Comprehensive income for Q1 was ¥152 million, up 15.5% year-over-year.

Outlook and guidance

• Full-year FY2024 forecast: net sales ¥15,000 million (+5.4%), operating profit ¥1,050 million (+5.2%), ordinary profit ¥1,090 million (+2.7%), net profit attributable to owners of parent ¥720 million (+3.4%), EPS ¥134.52.

• No changes to previously announced earnings forecast.