Rion (6823) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2025 were ¥6,355 million, up 5.7% year-over-year.

• Operating profit declined 25.9% year-over-year to ¥691 million.

• Ordinary profit fell 27.0% year-over-year to ¥714 million.

• Profit attributable to owners of parent dropped 41.4% year-over-year to ¥400 million.

• Comprehensive income decreased 35.2% year-over-year to ¥437 million.

Financial highlights

• Profit per share (basic) for Q1 FY2025 was ¥32.56, down from ¥55.58 in Q1 FY2024.

• Total assets as of June 2024 were ¥37,586 million, up from ¥37,140 million as of March 2024.

• Shareholders' equity stood at ¥29,254 million with an equity ratio of 77.8%.

Outlook and guidance

• Full-year FY2025 net sales forecast at ¥26,900 million, up 4.6% year-over-year.

• Full-year operating profit projected at ¥3,700 million, up 0.3% year-over-year.

• Profit attributable to owners of parent forecast at ¥2,700 million, up 1.8% year-over-year.

• Profit per share for the full year expected to be ¥219.32.